January homes sales, average price climb
Spokane County home sales hit a seasonal low in January, but finished with slight increases in number and average price compared with a year ago.
The Spokane Association of Realtors reported 184 sales, up from 176 in January 2010. The average price was $178,903, compared with $175,382 last year.
The median price fell to $155,000 from $159,375.
Association President Rob Higgins noted this year's sales increased despite the expiration in April of a first time homebuyer tax credit that provided an $8,000 incentive for purchasers.
There were 2,676 homes on the market on Feb. 4, a one-year supply based on the 224 pending sales at the end of Janurary.
