Spokane real estate market update June 2008

Our Spokane real estate market according to the Spokane Association of Realtors

What the Spokane Association of Realtors says about Spokane Real Estate:

There were 489 sales reported in May compared to 441 reported in April. The average sales price was up 1.3% from April. May's average sales price was $206,284 while the median sales price was $183,000."

Again, here is what the MLS data tells us....

When we look at the Spokane MLS Real Estate statistics, what are we really looking at?

Everything. Every property type. Every city within the MLS. Which is why I don't like using the MLS stats. Generally, when we discuss the Spokane real estate market, I want to know about single-family homes in and around Spokane, not in Colville, Spangle, etc. Not condos. Not 120 acre parcels. Nothing wrong with these communities or property types, but I want to know about, analyze and discuss Spokane houses.

Read also: Spokane Real Estate statistics explanation

So, let's look at Spokane houses (a subset of the Spokane Real Estate MLS data), as of June 9th, 2008:

(The footnote states: Includes sales data from Spokane, Spokane Valley, Millwood, Veradale, Liberty Lake, Medical Lake & Airway Heights on Single Family Houses on <= 1 acre.)

... continued... there is plenty more...

Such as:
5 additional bar and chart graphs
Analysis of the trends in the Spokane real estate market

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Spokane Washington Real Estate Market Update June 2008

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