STANDARD
799 S. Stevens Street Spokane, WA 99204
TANYA STARKEL
Each office is independently owned and operated.
Real Estate Professional
ROCKWOOD April 2021 Real Estate Market Report
509.475.9075 Tanya@AvenueStoneRealEstate.com www.AvenueStoneRealEstate.com www.RockwoodHomeValue.com
Want to make your dream home? My family has you covered
ALWAYS ACHIEVE EXCEPTIONAL RESULTS with Tanya Starkel
ALL THE LITTLE DETAILS MATTER
SOLD
Consultation with a Professional Stager Professional Photography and Videography Marketing to the Top Real Estate Websites
“
2105 S Rockwood Boulevard Sold for $1,135,000
Tanya Starkel, with Avenue Stone, is the best Realtor you could find - anywhere! My husband and I have sold multiple homes in various states to include Spokane. Tanya delivered excellent service and marketing skills. She hired a professional home stager, videographer, and photographer. After using all these resources, she mailed a beautiful tri-fold out to neighbors in a several mile radius along with conducting open houses. She navigated us through offers on our home and other homes, never missing a timeframe. She has the best follow-through and wonderful rapport with other professionals in the industry. Go with Tanya! You will be in good hands! - Althea W.
Direct Mail Exposure to Qualified Buyers My Invaluable Expertise of Rockwood as a Realtor® Optimized MLS Listing Marketing and Negotiation Specialists Network of Agents and Repeat Referrals
P R E PA R E D E S P E C I A L L Y F O R
Jonathan and Angela-Marie Williams www.RockwoodHomeValue.com Presented by Tanya Starkel Your Rockwood Real Estate Specialist & Neighbor
“
TANYA STARKEL Real Estate Professional
ROCKWOOD
509.475.9075 Tanya@AvenueStoneRealEstate.com www.AvenueStoneRealEstate.com www.RockwoodHomeValue.com
Real Estate Market Report
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Rockwood Homes Currently Listed
WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
BETTER REGULATIONS ON LOANS Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
EQUITY IS GROWING QUICKLY 2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
SUPPLY IS STILL MUCH LOWER THAN DEMAND Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.
PERMANENTLY WORKING FROM HOME COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
NEXT GENERATION INFLUENCE Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
BUILDERS CAN’T KEEP UP Some home builders have reported a ten-month waiting time for construction while others are using a lottery system.
When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.
JONATHAN AND ANGELA-MARIE, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate goals. Call me today at 509.475.9075 for a free consultation!
STATUS
STREET NAME
BEDS
TOTAL BATHS
EST. SQ. FT.*
YEAR BUILT
LIST PRICE
Active
E 18th Avenue
1
1
800
1909
$330,000
Active
E Peachtree Court
3
3
1,800
2016
$600,000
LIST PRICE
Rockwood Homes Currently Pending STATUS
STREET NAME
BEDS
BATHS
EST. SQ. FT.*
YEAR BUILT
Pending Pending
E 23rd Avenue
3
2
2,400
1910
$425,000
E 23rd Avenue
4
4
3,500
1910
$650,000
Rockwood Homes Recently Sold STATUS
ADDRESS
BEDS
BATHS EST. SQ. FT. YEAR BUILT LIST PRICE LIST DATE SOLD PRICE SOLD DATE
Sold
2810 S Pittsburg Street
2
2
N/A
1971
$415,000
02/17/21
$404,500
03/31/21
Sold
1211 E 20th Avenue
4
4
2,944
1929
$650,000
02/18/21
$644,000
03/24/21
Sold
929 E 20th Avenue
4
4
3,496
1926
$681,000
01/20/21
$675,000
03/19/21
Sold
826 E 26th Avenue
3
3
4,089
1911
$780,000
02/25/21
$788,000
03/19/21
Sold
1605 E 19th Avenue
5
3
3,883
1957
$574,900
02/11/21
$620,000
03/17/21
Sold
920 E 26th Avenue
4
2
2,298
1926
$535,000
02/16/21
$565,000
03/15/21
Sold
2403 S Napa Street
3
3
2,066
1967
$630,000
03/05/21
$647,000
03/15/21
Sold
2114 S Hatch Street
2
1
1,008
1952
$390,000
01/08/21
$380,000
02/25/21
Sold
906 E 19th Avenue
4
4
2,200
1929
$525,000
01/29/21
$588,000
02/18/21
Sold
1428 E 18th Avenue
3
2
N/A
1907
$457,000
12/18/20
$467,000
02/08/21
Sold
1825 E Rockwood Boulevard
3
2
2,002
1977
$549,950
10/30/20
$535,000
02/01/21
Sold
1417 S Conklin Street
3
1
1,918
1928
$360,000
12/30/20
$329,000
01/15/21
Sold
954 E 14th Avenue
3
1
1,918
1928
$280,000
12/30/20
$329,000
01/15/21
Sold
1325 S Garfield Street
3
1
2,126
1905
$340,000
12/10/20
$331,500
01/14/21
Sold
2424 S Perry Street
5
4
5,391
1958
$798,897
10/01/20
$779,000
01/08/21
Sold
1611 S Latawah Street
3
1
2,182
1916
$299,000
12/04/20
$325,000
01/04/21
Sold
717 E 29th Avenue
4
1
2,601
1908
$369,000
10/31/20
$310,000
12/23/20
Sold
1707 S Rockwood Boulevard
3
4
2,950
1952
$470,000
11/16/20
$465,000
12/22/20
Sold
334 E 16th Avenue
4
2
2,192
1910
$299,000
10/19/20
$299,000
12/11/20
Sold
2002 E Overbluff Road
4
5
6,094
1978
$525,000
11/21/20
$550,000
12/11/20
Sold
704 E 20th Avenue
3
2
3,166
1940
$550,000
10/16/20
$595,000
12/07/20
Tanya Starkel and Keller Williams® Realty are not in any way affiliated with Rockwood Home Owners Association, nor is this in any way an official advertisement or publication of Rockwood. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Spokane MLS as of April 6th, 2021. Listings and sales may not be those of Keller Williams® Realty. The Spokane MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred.