Exploring the Newest Listings in Spokane

Spokane, Washington, continues to be a vibrant and active real estate market, offering diverse housing options for potential buyers. As of October 2024, several new listings have emerged, capturing the interest of home seekers. Notable properties include those located at 528 E Nebraska Ave, 1718 E 40th Ave, and 1630 E Broad Ave. Each of these listings presents unique features and competitive price points that contribute to Spokane’s lively market.

The property at 528 E Nebraska Ave stands out with its listing price of $299,927. Offering 3 bedrooms, 2 bathrooms, and 1,344 square feet, it provides ample space for families or individuals seeking a comfortable home. Meanwhile, 1718 E 40th Ave is on the market for $349,900, featuring 3 bedrooms and 1 bathroom, though further details on square footage are not specified, making it an appealing mystery for potential buyers to uncover. Lastly, the 1630 E Broad Ave property is attractively listed at $260,000, complete with 3 bedrooms and 2 bathrooms.

Understanding Spokane’s Market Trends

As potential buyers consider these new listings, it’s important to assess the broader market trends within Spokane. As of September 2024, the median closed price for homes was $421,600, reflecting a stable market amid fluctuating national trends. With 851 new listings and 474 closed sales in September alone, Spokane demonstrates steady real estate activity, suggesting continued opportunities for investment and homeownership.

The inventory at the end of September 2024 revealed a total of 1,358 units, signifying a moderate supply of homes for sale. This offers prospective buyers several options, ensuring that both budgets and preferences can be accommodated. Popular neighborhoods such as South Side, Northwest Spokane, and Manito-Cannon Hill showcase attractive living environments that often influence property desirability and pricing.

Market Dynamics and Resources

Homes in Spokane typically remain on the market for an average of 47 days, with properties often receiving 2 offers. This indicates a competitive arena where buyers must remain diligent and ready to act swiftly when ideal opportunities present themselves. The variety of available real estate extends beyond single-family homes to include condos, townhouses, and multi-family units, catering to diverse needs and lifestyle preferences.

For those looking to navigate the Spokane real estate landscape effectively, local resources such as Spokane REALTORS, Redfin, and Zillow provide invaluable tools and information. These platforms, along with experienced real estate agents, afford buyers and sellers alike the insights needed to make informed decisions. For further exploration of Spokane’s real estate offerings, interested individuals are encouraged to visit forsalespokane.com for detailed listings and further market insights.