April Market Report

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	April Market Report

Spokane_Realtor

5-9-2009 11:11 AM

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tags:

spokane real estate, spokane homes

Spokane_Realtor says:

Spokane real estate prices sagged in April as sales of existing Spokane homes continued at a steady pace. If you have the ability, right now is the perfect time to buy a home in Spokane.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/90b226d2-fb08-48ba-a62c-9610cc5138bb/14977688-A572-4D97-9FBF-6CA7B4A25C79/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/" href="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/" style="font-size: 11px;">www.spokesman.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><H2>Spokane home prices dip in April</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><SPAN>
<A href="http://www.spokesman.com/staff/bert-caldwell/">Bert Caldwell</A>
The Spokesman-Review
    </SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>Homes sales in Spokane County leveled off in April, and average and median prices slipped, possibly reflecting high unemployment in the area, the head of the Spokane Association of Realtors said Friday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>Rob Higgins said 329 properties sold, just three more than in March and substantially below the 445 of last April.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>The average price was $197,339, off from $200,229 in March and $204,002 a year ago. The median price fell to $172,500 from $176,200 in March and $183,500 in April 2008.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>Sales of new homes also declined.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>Active listings increased to 2,997 from 2,687 in March, but down from the 3,218 last April.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/may/08/spokane-home-prices-dip-april/"><P>Higgins said the price decreases may reflect purchases by first-time buyers seizing on the newly available $8,000 income tax credit. That activity should increase still more if the IRS signs off on a $25 million Washington program that will enable homebuyers to use the credit as part of their down payment, he said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/14977688-A572-4D97-9FBF-6CA7B4A25C79/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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