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Home sales retreated in 2010

Home sales in Spokane County fell almost nine percent in 2010 compared with 2009, according to figures released today by the Spokane Association of Realtors.

Sales of 4,250 homes were reported, compared with 4,666 in 2009.

The average price slipped 2.2 percent to $183,483, and the median price 3.3 percent to $163,400.

New home sales closed the year at 553, down 2.6 percent from 568 in 2009.

The inventory of unsold homes barely changed, with 2,593 on the market as of Jan. 5, 2011, compared with 2,606 at the end of 2009.

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Bert Caldwell
Bert Caldwell oversees production of the opinion pages, including writing editorials, and editing and selecting letters, columns and cartoons.





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