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Spokane Market Report October 2013

Published on Nov 21, 2015

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PRESENTATION OUTLINE

SPOKANE MARKET REPORT

REAL ESTATE SALES ACTIVITY FOR OCTOBER 2013
Photo by p medved

529

OCTOBER'S CLOSED SALES UP 22.7% FROM 2012
Photo by cj&erson

8,634

2013 YTD NEW LISTINGS UP 12.5% OVER LAST YEAR
Photo by Roger Lynn

66

NEW CONSTRUCTION SALES UP 8.2% OVER OCTOBER 2012
Photo by chefranden

586

YTD NEW CONSTRUCTION SALES UP 46.1% OVER 2012
Photo by Edgar Barany

4.90 MONTHS

LESS THAN 6 MONTHS SUPPLY FOR 8TH CONSECUTIVE MONTH
Photo by cpkarthik

SUPPLY & DEMAND

  • Oct. '13 compared to Oct. '12
  • Inventory up 4.1% (2,594)
  • Sales up 22.7% (529)
  • 4.90 months of inventory
  • Seller's market for 8th consecutive month
Photo by cpkarthik

4,680

2013 YTD SALES UP 24.5% OVER PREVIOUS YEAR
Photo by sarah_wood

$179,370

AVERAGE SALES PRICE UP 1.1% OVER LAST YEAR
Photo by Roger Lynn

$160,000

MEDIAN SALES PRICE SAME AS THIS MONTH LAST YEAR
Photo by John Biehler

$94,886,926

OCTOBER '13 SALES VOLUME UP 24.1% FROM LAST OCTOBER
Photo by Jeff Kubina

$851,443,366

YTD SALES VOLUME UP 29.2% OVER 2012
Photo by porschelinn

2,594

ACTIVE INVENTORY IS UP 4.1% COMPARED TO LAST YEAR
Photo by paul goyette

423

PENDING SALES DOWN 2.9% FROM LAST OCTOBER

720

NEW LISTINGS UP 8.3% OVER LAST OCTOBER
Photo by Great Beyond