Real Estate Market Update – Spokane Region

Real Estate Market Update – Spokane Region

Price & Value

  • In the region, average listing prices are hovering around the same levels as last week, with only small moves up or down (essentially flat).

  • Sold‑prices remain stable too, meaning sellers aren’t seeing big jumps, and buyers aren’t seeing dramatic drops.

  • Translation: We’re in a holding pattern—no wild swings, just “steady as she goes.”

Inventory & Days on Market

  • Inventory is showing slight creep upward: more homes are coming on the market than last week.

  • Days on market are edging a little higher too—homes are staying listed a bit longer than they were a month ago.

  • What that means: Buyers getting a touch more time to evaluate; sellers need to keep energy high (presentation, pricing) because the urgency factor is a little less strong.

Buyer / Seller Trends

  • Market leaning slightly toward buyers, but it’s subtle. Because inventory’s up and pace (days on market) is slower, buyer leverage is improving—but we’re not in full “buyer’s market” territory yet.

  • For sellers: The fundamentals still matter—price it smart, stage it clean, market it aggressively. Especially if your property is older or needs updates.

  • For buyers: This is a window. More options, slightly less competition—so you can afford to act with strategy rather than panic. Might be good time to lock something in before the market shifts again.

Work With Us

Rios and Co is dedicated to helping you find your dream home and assisting with any selling needs you may have. Let them guide you through your home-buying journey, contact them today!

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