New Real Estate Listings in Spokane, WA

The Spokane real estate market continues to flourish with new listings added to the market as of October 13, 2024. This latest surge in properties presents a great opportunity for potential homeowners and investors looking to make the most of the region’s burgeoning real estate environment. Notably, three new properties have been added, each offering distinctive features and competitive pricing in line with Spokane’s current real estate trends.

Highlighted Listings

The first property, located at 4112 W Wellesley Ave, is priced at $405,000. This home features 3 bedrooms and 2 bathrooms, encompassing a spacious 1,827 square feet of living space. With a lot size of 9,450 square feet, it offers substantial room for outdoor activities and potential landscaping projects. This listing was added to the market just ten hours ago, signaling its freshness for eager buyers.

Another compelling property is situated at 7908 E Augusta Ave, listed at $515,000. This spacious home includes 4 bedrooms and 3 bathrooms, spread across 2,164 square feet. The property sits on 0.28 acres, providing ample space for families or individuals seeking both comfort and privacy. This listing is one of the latest additions, having been posted within the last eight hours.

Lastly, the listing at 5511 S Hogan Ln is priced at $595,000. It consists of 3 bedrooms and 2 bathrooms with a total living space of 2,200 square feet. The lot size of 6,734 square feet offers a balanced space for both indoor and outdoor living. Recently added within the past five hours, this property appeals to those interested in modern living with enough room to enjoy the outdoor Spokane lifestyle.

Market Trends and Community Insights

These new listings arrive amid a notable 13% increase in listings between July and August 2024, reflecting the increasing dynamism of Spokane’s real estate scene. The median listing price stood at $397,932 as of August, which provides a useful benchmark when evaluating the pricing of these new properties. Such a median value represents a balanced point within Spokane’s varied market offerings.

Homes in Spokane typically remain on the market for around 25 days, showcasing a brisk pace of sales activity. This is indicative of strong demand, mirrored by the fact that in August 2024, over 100 listings sold above their listed price, with many others selling at or below the asking price. This swift turnover underscores the attractiveness of Spokane as a desirable location for homeowners.

Spokane itself is a city of diverse neighborhoods, with popular areas such as South Side, Northwest Spokane, Five Mile Prairie, Manito-Cannon Hill, and South Perry. These neighborhoods, known for their community spirit and appealing lifestyles, significantly influence the interest in new listings. Looking at the city’s broader context, Spokane has a Walk Score of 49, indicating its minimal walkability. However, it remains a vibrant community hub with approximately 208,554 residents and 117,967 jobs, reinforcing its role as a significant player in the region’s economy. For more information on these listings and other opportunities in Spokane, visit forsalespokane.com.