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Spokane Market Report – July 2026

Page 1

July 2026


Average Sales Price

Current Listing Inventory

Median Days On Market

$471,684

1,697

16

Up 2.1% from prior month Up 0.7% from prior year

Up 7.9% from prior month Up 9.8% from prior year

Up 33.3% from prior month Up 23.1% from prior year

Median Sales Price

Residential Closed Sales

Annual Residential Closed Sales

$429,450

541

3,239

Down 0.1% from prior month Down 1.3% from prior year

Down 12.3% from prior month Up 6.5% from prior year

Up 5.6% from prior year

Information pulled on 8/5/2026 The information in this report is compiled from a report given by the Spokane Association of REALTORS® and to the best of our knowledge is accurate and current.

Median Days On Market As of 8/5/2026. By month dating from July 2022 to July 2026. Days on Market is the median number of days between when a property is listed and the contract date. 40 35 30 25 20 15 10 5 0

34

31 23

22 14

30

28 20 20

17 16

10

9

14 15

17 17

14 10

7 6 7 8

19

16

15

23

21

15 14

16

10

01

04

07

10

01

04

07

10

01

04

07

10

01

04

07

20 23 -

20 23 -

20 23 -

20 23 -

20 24 -

20 24 -

20 24 -

20 24 -

20 25 -

20 25 -

20 25 -

20 25 -

20 26 -

20 26 -

20 26 -

11 12

07

14

20 22 -

12

27

04

9

24

20 22 -

12

21 21

01

12

20

20 22 -

6

9

19 20

20 22 -

6 4 4 4 4 5

12

20

Annual Median Sales Price Year-to-date as of July. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. $450K

$430 $415

$425K

$420

$425

$425

2025

2026

$400K $375K

$365

$350K $325K 2021

2 2

Spokane Spokane County County Market Market Report Report | July | July 20222026

2022

2023

2024


Months Supply of Inventory As of 8/5/2026. By month dating from July 2022 to July 2026. Months Supply of Inventory is the number of months it would take to sell the available inventory at the current rate. 4.5

4.24.2

4.5 4 3.3 3.5 3 2.9 3 2.9 2.9 2.9 2.7 2.62.6 3 2.3 2.3 2.2 2.2 2.12.1 2.3 2 2.1 2.2 2.5 2 2 1.8 1.71.61.8 1.7 1.7 1.7 2 1.5 1.3 1.1 1.5 0.8 0.7 0.6 1 0.5 0.5 0.5 0

3.8

3

2.8

3.2

3 2.42.4

01

04

07

10

01

04

07

10

01

04

07

10

01

04

07

10

01

04

07

20 22 -

20 20 -

20 22 -

20 23 -

20 23 -

20 23 -

20 23 -

20 24 -

20 24 -

20 24 -

20 24 -

20 25 -

20 25 -

20 25 -

20 25 -

20 26 -

20 26 -

20 26 -

2.3

2.72.6

20 22 -

2.5

4.3

3.7

Sale-to-List Price Ratio As of 8/5/2026. By month dating from July 2022 to July 2026. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.

100.3% 101.2%

07

04

99.0%

20 26 -

01

98.4%

20 26 -

10

07

99.4% 98.8%

20 25 -

04

20 25 -

20 25 -

20 25 -

10

20 24 -

07

20 24 -

04

01

99.3% 98.6%

20 26 -

99.5%

98.7%

20 24 -

20 23 -

07

20 23 -

04

20 23 -

01

20 23 -

10

20 22 -

10

99.1%

99.8%

99.8%

01

99.8%

98.7%

07

100.0%

20 24 -

99.8%

99.4%

20 22 -

04

20 22 -

20 22 -

01

106.0% 105.0% 105.0% 104.0% 103.0% 102.0% 101.4% 101.0% 100.0% 99.0% 98.0%

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, August 6, 2026. 7.25% 7.00% 6.75%

6.72%

6.69% 6.56%

6.50%

6.48%

6.46% 6.30% 6.17%

6.25%

6.23%

6.49%

6.30% 6.15%

6.10%

6.00%

6.00% 5.75% July '25

Aug '25

Sep '25

Oct '25

Nov '25

De c '25

Jan '26

Feb '26

Mar '26

Apr '26

May '26 June '26 July '26

Spokane County Market Report | July 2026

3


Active Residential Listings As of 8/5/2026. By month dating from July 2022 to July 2026. Active Inventory is the number of properties for sales at the end of the month, based on the contract date. 1997

07

04

20 26 -

01

20 26 -

10

07

20 25 -

04

20 25 -

01

20 25 -

10

20 25 -

07

20 24 -

04

1238

1133

934

20 24 -

01

20 24 -

10

20 24 -

04

07

20 23 -

01

10

20 23 -

07

20 22 -

04

20 22 -

01

1369

851

703

20 23 -

658

20 23 -

566

1540 1697

1365

1281

1096

1,014

412

20 22 -

20 22 -

1048

1008

1886

20 26 -

2400 2100 1800 1500 1200 900 600 224 300 0

Active Listings By Price Range As of 8/5/2026. 400 350 300 250 200 150 100 50 0

353366

2025

2026 277 222227 224232

194 203 152 160 120 56 63

200K-$250K 4% $250K-300K 7% $300K-$350K 8%

$600K-$800K 16%

81

$500K-$600K 11%

+

34

$150-200K 2%

219 187 190 150

$1 M

59

0-$150K 3%

$1M+ 9%

$800K-$1M 8%

0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

79

313 264

$350K-$400K 12% $400K-$450K 10%

$450K-$500K 10%

New Residential Listings As of 8/5/2026. By month dating from July 2022 to July 2026. New Listings is the number of properties listed regardless of current status. 1400 1123

631

805

776

867

830

01

643

824

10

658

798

998

01

800

748

01

861

10

1000

911

10

1001

07

1200

933 898945

517

600 483 400

4

07

04

20 26 -

20 26 -

20 26 -

07

20 25 -

04

20 25 -

20 25 -

20 25 -

20 24 -

04

20 24 -

20 24 -

20 24 -

07

20 23 -

04

20 23 -

01

Spokane County Market Report | July 2026

20 23 -

10

20 23 -

07

20 22 -

04

20 22 -

20 22 -

20 22 -

01

200


Residential Closed Sales As of 8/5/2026. By month dating from July 2022 to July 2026. Closed Sales is the number of properties sold. 800 700

607

604

600 456

500 432

444 377

400

486

478

525

513

597 541

449

429

402

299

250

300

524

245

07

10

20 22 -

20 22 -

01 20 23 20 04 23 -0 7 20 23 -1 0 20 24 -0 1 20 24 -0 4 20 24 -0 7 20 24 -1 0 20 25 -0 1 20 25 -0 4 20 25 -0 7 20 25 -1 0 20 26 -0 1 20 26 -0 4 20 26 -0 7

04 20 22 -

20 23 -

01 20 22 -

200

Sold Listings By Price Range Year-over-year comparison for the month of July. 120

2025

2026

92

100 80 60 40 20

17 18 20

27

37

49 44

55

63

96 82

70

$400K-$450K 14%

94 68

78 82 79

$450K-$500K 11% $500K-$600K 12%

$350K-$400K 14%

70

32 31

24

31

$600K-$800K 14%

11 $300K-$350K 9% +

$800K-$1M 5%

$250K-300K 6% 200K-$250K

$1 M

0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0

$150-200K 2%

5%

0-$150K 3%

Annual Residential Closed Sales Year-to-date as of July. Closed Sales is the number of properties sold. 4300

4229

4000

3732

3700

3419

3400 3049

3100

3125

3239

2800 2500 2021

2022

2023

2024

2025

2026

Spokane County Market Report | July 2026

5


Annual Residential Closed Sales Year-to-date Re-Sale vs New Construction as of July. Closed Sales is the number of properties sold. 4500

New

Re-Sa le

3750 3000 3694

2250

3293

1500

2603

2566

2714

2865

750 535

439

446

559

541

564

2021

2022

2023

2024

2025

2026

0

Annual Median Sales Price Year-to-date Re-Sale vs New Construction as of July. Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Re-Sa le

$500K

$497

New

$472

$470 $452

$450K

$430

$415

$415

$405

$400

$450 $415

$400K $355 $350K $300K 2021

2022

2023

2024

2025

2026

Median Price Per Square Foot As of 8/5/2026. Monthly Re-Sale vs New Construction comparison. Price per Square Foot is the mid-point (median) PPSF of all closed listings. $300

Re-Sa le

New

$250

$249

$275

$263

$253

$250

$250 $225

$205

$214

$205

$253

$246

$203

$200

Nov '25

De c '25

$200

$191

$193

Jan '26

Feb '26

$253

$206

$210

$208

Mar '26

Apr '26

May '26

$262

$261

$257

$252

$202

$204

June '26

July '26

$175 $150 Aug '25

6

Sep '25

Oct '25

Spokane County Market Report | July 2026


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Spokane Market Report – July 2026 by Coldwell Banker Tomlinson - Issuu