Last month I got a little touchy-feely with my newsletter, this month I thought I would stick to “The Facts”, the facts about Spokane real estate.
Median Sales Price February 2015 by area:
Valley - $225,900
South - $219,475
Northwest - $184,833
Northeast - $133,766
West Plains - $149,606
Total market median sales price is $165,000. That is up 6.5% from last year at this time. Closed sales are up 16.4% from last year at this time. (That translates to... my phone ringing off the hook.)
Real estate is looking really good right now. Not only are the median home prices up, interest rates are still incredibly low. When I bought my first house most 15 years ago I was excited to get 8% interest rate now the interest-rate for new homes are more like 3.75%.
If you want to take advantage of this great real estate market give me or one of my team members a call.
Author:Jessica Side Phone: 509-624-6873 Dated: March 10th 2015 Views: 808 About Jessica: Hi! I am the broker/owner of EvoReal and have been actively working in real estate for over 13 years...
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Buying a new home or selling an old one is a very personal matter. EvoReal is Spokane's local real estate expert we are a family-owned company where we believe that everyone deserves special attention when it comes to buying or selling their home. We are a small firm by design, we know that our size enables us to really get to know our clients and to quickly adapt to the ever-changing world of real estate. We love Spokane and the Inland Northwest. We love the people who live and work here; they are hard working and so are we. Everyday we use the most modern real estate marketing tools and techniques, dig through thousands of homes for sale to find the right one, and make sure every detail of the home buying and selling process is being attended to, making sure nothing falls through the cracks. Your goals, not ours, are the priority. We hope we get a chance to work with you. Please contact us to ask any questions or to set up an appointment. We look forward to meeting you!
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"I live in Tucson, AZ but owned a home in Spokane, WA for about 6 years. For various reasons I decided to sell the house and listed it with a real estate firm. The market was not good and it became obvious that I needed to 'short-sell' the house. The real estate firm referred me to Jessica Side with EvoReal. I was very pleased with Jessica and her team with the handling of the short-sale. I was kept informed of anything happening and the communication was wonderful. Their expertise in handling my sale was top-notch, and everything went as smooth as possible. I highly recommend Jessica if you are either thinking of selling, having a hard time selling, or even looking for a home. She's extremely knowledgeable and very efficient. "