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Archive for December, 2012

The Spokane Market Continues to Recover!

The numbers just keep getting better! The Spokane market continues to show signs of market recovery. Check out the following market update courtesy of the Spokane Association of Realtors:

November figures reveal that sales of single family homes on less than one acre and condo declined this month compared to October. Sales in November total 381 compared to 429 for October, a drop of 11.2%. Average sales price for November was $183,182, up 3.2% from October when the average sales price was $177,556. Median price for November was $163,799, up nearly 2% from October median sales price of $160,794. Year to date through November show sales are up 12.6% this year compared to last year, 4,131 sales compared to 3,670. The average price year to date is $176,133 up 4.3% from last year through November when the average price was $168,816. Median price is up 3.2%, $160,000 compared to last year’s median through November of $155,000. Inventory continues to trend downward. At the time of this report inventory stood at 2,232 homes compared to 2,491 last month, down 10.4%. Compared to last year the inventory is down 13.8%. New home sales are up 1.3% over the last year.

Year-to-date sales are up, inventory is down and the average price is starting to rise. All the signs of perfect recovery!

Don’t forget to check out my website at SabrinaSellsSpokane.com and please let me know if I can ever help you with your real estate needs.

Have a great week everyone!

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Christmas Prep 2012

In typical fashion, this month is flying by. Is Christmas really only a couple of weeks away? We’ve already been enjoying some fun December traditions in our family. Of course, we are getting the house all decorated for the holidays. Every year I try to figure out how to rearrange the decorations I have to make it look fresh and new. My sister came over this year and she helped me think outside the box and I am loving our little decorated abode! Last weekend, we went down to the Davenport and saw the Christmas Tree Elegance trees and enjoyed lunch and a little shopping downtown. Today we were back at the Davenport checking out the gingerbread building competition. I have to say it seems more and more people are out and about in downtown Spokane. The holiday hustle and bustle is alive and well! Today there was a skiff of snow and as I watched the horse drawn wagon go by outside, it just made me smile!

In the coming couple of weeks, we’ll be shopping, baking, wrapping, visiting friends, watching our favorite holiday movies, listening to great Christmas music, watching the children’s program at church and hopefully, finding time to spend with family and friends just enjoying the season.

I hope you and your family are staying safe and sane this holiday season and taking the time to take in the spirit of the season!

Don’t forget to check out my website at SabrinaSellsSpokane.com and please let me know if I can ever help you with your real estate needs.

Have a great week everyone!

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