Second-quarter home sales in Washington jumnped almost 28 percent over 2009 levels as buyers rushed to take advantage of an expiring $8,000 federal income tax credit.
But a report released today by the Washington State Real Estate Research Center also showed median prices fell 6.9 percent compared with the 2009 quarter, to $246,800.
Spokane County home sales increased 23 percent, with the median price slipping 3.7 percent to $171,400.
The center’s results mirrored those of two other reports released this week, one by the Spokane Association of Realtors, the other by on-line service Zillow.
The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.
Tom Sowa Tom Sowa covers technology, retail and economic development and writes the Office Hours blog.
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John Stucke John Stucke's primary coverage areas include health care, agriculture and the labor market.
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Becky Kramer Becky Kramer covers the environment, natural resources and utilities.
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Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.
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Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.
Addy Hatch is the city editor, and formerly was business editor.
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