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Spokane Real Estate Luxury Market Update

Monday, December 2, 2019   /   by Andria Sanchez

Spokane Real Estate Luxury Market Update

Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life?

Spokane Real Estate Market conditions around our area have presented an opportunity like no other for those who are looking to make the jump to a premium or luxury home.

The current Spokane Housing Market reports that inventory levels are now at a 1.9 -month supply. A normal market, where prices appreciate with inflation, has 6-7-months inventory.

This has created a seller’s market in the lower-priced markets, as more than 54% of homes were on the market for less than a month (your current home is in demand!) and a buyer’s market in the luxury market, where homes were on the market for an average of more than 100 days (you, the buyer are in demand!)

Bottom Line
If you are even thinking of listing your home and moving up to a luxury home, let’s get together to evaluate your ability to do so. Call Andria at Haven Real Estate Group. Homeowners across the country are upgrading their homes, why can’t you? Your dream home is waiting!

Andria Sanchez

Haven Real Estate Group

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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201

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