Key Rental Housing Data for Spokane
Key Takeaways: Month over Month
Active Listings Decline: Active listings dropped further, from 117 in December to 102 in January.
Pending Activity Stabilized: Pending transactions remained stable, with a slight decrease from 40 in December to 35 in January.
Months of Inventory: Inventory tightened for duplexes and triplexes, both reducing to 5 months from 4 and 8 months respectively.
Average Price Per Unit: Average price per unit sold increased notably, rising to $215,100 in January from $188,686 in December.
