Office Hours

TUESDAY, MAY 7, 2013, 12:03 P.M.

Spokane home sales stuck in $150,000 plateau, according to RealtyTrac

The latest April summary from the Spokane Association of Realtors paints a rosy picture for April home sales.

It noted, among other things, a steady increase in homes sold, new homes being sold, and the median price of homes sold.

But not everyone sees the glass half-full. The chart above, from national firm RealtyTrac, shows some price softening in Spokane County during the first two months of 2013. Rob Higgins, of the Spokane Realtors group, said numbers for March and April are better than for the first two months of the year.

Reasons why the two sets of numbers vary. The RealtyTrac set may include sales of mobile homes or may exclude condos (which are included in the assocation totals.)

For April, the median home sale price in Spokane in April was $160,149, according to the local real estate association. In March that number was $157,950.

Higgins' group numbers for January and February don't agree with the RealtyTrac numbers for median prices, showing median sales higher than $150,000.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

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