Spokane County Housing Update - Resale Only
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
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Source: Spokane Association of Realtors - Resale only
CURRENT INTEREST RATE
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Before you list, it's important to ensure your home is Market Ready, Day One™ to showcase it in the best light to get the best price. Make a strong first impression on potential buyers through simplifying, staging, and cleaning to help them visualize their future home. Contact your John L. Scott representative to start the journey today.
Market Ready, Day One™
At the beginning of the year, we typically experience a seasonal low point of unsold inventory along with a low number of new resale listings coming on the market. With buyers coming out in slightly bigger numbers after the holidays, the Sales Activity Intensity™ goes up for each new listing, especially in the mid-price ranges.
February 3, 2025 Source: Mortgage News Daily
7.05%
Key Market Indicators FEBRUARY 2025 (JANUARY RECAP)
Entering February with Very Strong Intensity