08/02/2022
July 2022 Market Updates for Spokane & Kootenai Counties 🏘📈🏡📉🗞✨
Spokane County:
▫️AVERAGE SALE PRICE:
$464,094, ⬇️3.3% FROM PRIOR MONTH, ⬆️11.3% FROM PRIOR YEAR
▫️MEDIAN SALES PRICE:
$422,450 ⬇️4.0% FROM PRIOR MONTH, ⬆️6.9% FROM PRIOR YEAR
▫️RESIDENTIAL CLOSED SALES:
542, ⬇️27.6% FROM PRIOR MONTH, ⬇️36.2% FROM PRIOR YEAR
▫️CURRENT INVENTORY:
1,008, ⬆️20.6% FROM PRIOR MONTH, ⬆️101.6% FROM PRIOR YEAR
▫️MEDIAN DAYS ON MARKET:
10, ⬆️66.7% FROM PRIOR MONTH, ⬆️100% FROM PRIOR YEAR
◻️MONTHS OF INVENTORY:
1.9, ⬆️73% FROM PRIOR MONTH, ⬆️~130% FROM PRIOR YEAR
Kootenai County:
AVERAGE SALE PRICE:
$707,866, ⬆️UP 8.9%
MEDIAN SALES PRICE:
$574,900, ⬆️UP 62.5%
RESIDENTIAL CLOSED SALES: 255, ⬇️40.1%
CURRENT INVENTORY:
1,204, ⬆️62.5%
▫️AVERAGE DAYS ON MARKET:
66, ⬇️8.3%
▫️TOTAL ANNUAL SALES:
2,088, ⬇️ 21.3%
