Spokane County Housing Update - Resale Only
Homes are selling, fast!
The market is back to Surge / Frenzy Sales Activity Intensity™ of homes going under contract for new resale listings. Unsold inventory is virtually sold-out in the more affordable and mid-price ranges. Although on a monthly basis, fewer homes are coming on the market than previous years; as we head into spring, there is a seasonal increase in the number of new monthly listings. Today’s buyers will want to be Buyer Ready, Day One™, to ensure they get the home of their choice.
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE INTEREST RATES
3.18%
MONTHS SUPPLY SCALE
BACK TO TOP
KEY MARKET INDICATORS MARCH 2023 (FEBRUARY RECAP)
The listings that make it to the market are selling. Homeowners with a high percentage of built-up equity, and life events are moving the market. Resources like Seller Listing Launch® can set you apart when attracting buyers to your property. As Daylight Savings Time begins in March, the market will continue its surge into the spring market. Remember, it’s okay to buy and sell within the same market timing.
Current housing market
