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Zillow: Spokane home prices slip

Spokane home prices held up better than those for Seattle and Portland during the year ended June 30, according to on-line price tracker Zillow.

At $158,900, the median price in Spokane slipped 2.6 percent, compared with 5.9 percent for Seattle and 7.1 percent for Portland, where prices were $288,900 and $230,200, respectively.

Prices in Bend, Ore., sank by 21.8 percent, the most in the United States. Prices recovered most strongly in previously hard-hit California markets like San Diego, where prices increased 7.3 percent.

The Spokane Association of Realtors Monday reported a median price decrease of 3.4 percent for August compared with August 2009.

 


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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

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