Arrow-right Camera


Washington state’s home sales strong; prices lower

Thu., Aug. 12, 2010

Second-quarter home sales in Washington jumped 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 Wednesday 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 and the other by online service Zillow.

Click here to comment on this story »