Latest Real Estate Listings
The Spokane, WA, real estate market continues to evolve, with new listings regularly updated on popular platforms like Movoto, Redfin, and local real estate agents’ websites. As of August 27, 2024, several exciting new listings have become available, reflecting varying preferences and budget considerations. Some of these noteworthy examples include:
Example Listings
The first notable property is located at 1808 W Summit Pkwy, Spokane, WA 99201. This impressive home, listed for $725,000, offers five bedrooms, three bathrooms, and 3,302 sqft of living space on a 0.28-acre lot. It was listed just 22 hours ago. Another enticing option is 310 W 33rd Ave, Spokane, WA 99203, listed for $465,000 and featuring three bedrooms, three bathrooms, and a spacious 4,356 sqft area. Listed just 18 hours ago, this property presents substantial living space. Finally, 3424 W 2nd Ave, Spokane, WA 99224 is available for $649,900, offering three bedrooms, two bathrooms, and a vast 3,881 sqft living area on a 0.31-acre lot, listed 27 hours ago.
Market Insights and Trends
The median listing price for homes in Spokane, WA, was around $465,000 as of July 2024. This figure highlights the accessibility of Spokane’s market relative to other metropolitan areas. Typically, homes in Spokane remain on the market for approximately 31 days, indicating a relatively brisk market turnover. However, recent trends suggest a slowdown, with decreases in both sales and prices compared to the previous year.
As of the end of July 2024, the inventory levels in Spokane showed 1,276 total units available, including 822 new listings added in July alone. The median closed price for homes during this period was $417,075, marking a critical metric for both buyers and sellers assessing their potential investments. Neighborhoods such as South Side, Northwest Spokane, Five Mile Prairie, Manito-Cannon Hill, and South Perry remain particularly sought-after.
Spokane’s real estate market is slightly more expensive than the national average. The median home price of $465,000 requires a considerable portion of one’s income, but the vibrant living conditions and community aspects often justify the financial commitment. Comprehensive resources provided by real estate websites such as Movoto, Redfin, and local agents deliver detailed information, real-time updates, and market statistics, enhancing the decision-making process for all involved parties. To explore more listings or get detailed information, visit forsalespokane.com.
Lastly, for anyone interested in staying abreast of Spokane’s dynamic real estate market, it is beneficial to frequently check leading websites and engage with local agents to receive timely updates and advantageous opportunities. Given the current trends and available listings, now might be a strategic time for both first-time buyers and seasoned investors to consider the Spokane market for their next real estate venture.