Spokane Real Estate Market Statistics
Closed sales of condos and single family homes on less than one acre totaled 440 for September. Compared to
September 2008 (488 sales) the September 2009 sales are down approximately 10%. The average sales price for
this September was $179,636 and the median sales price for September was $160,000.
Year-to-date sales through September total 3,324. This number is down 15.5% compared to last year through
September when 3,933 closed sales were reported. The average sales price this year is $191,498 compared to the
same period last year when the average sales price was $207,513 down 7.7%. The year to date median sales
price is $171,575 down 7.2% compared to the same period last year when the median prices was $184,975.
The inventory as of this report is 3,417 homes on the market down 49 homes from August. Year-to-date new
home sales total 405 compared to 625 last year, down 35.2%