• Median Sale Price: Around $420,000–$430,000 in Spokane County, showing slight upward movement from earlier in the year.
• Homes Sold: Sales activity increased from February, reflecting the typical seasonal ramp-up heading into spring.
• Days on Market: Homes are averaging 40–50 days on market, a slight improvement as buyer activity increases.
• Inventory & Listings: New listings have increased noticeably, giving buyers more options, though well-priced homes are still seeing steady interest.
• Financing & Rates: Mortgage rates remain in the low-to-mid 6% range, supporting continued buyer participation.
• Buyer Behavior: Buyers are more active than in winter months but remain selective — focusing on value, condition, and location.

Trends and Forecasts

• Spring Market in Full Swing: April typically brings one of the busiest periods of the year, and early signs show continued growth in both listings and buyer activity.
• Increased Competition: As more buyers enter the market, competition is picking up — especially in entry-level and move-in ready homes.
• Balanced but Active Market: While competition is increasing, buyers still have negotiating room in many situations, especially for homes that are not perfectly priced or presented.
• Pricing Sensitivity Remains: Homes that miss the mark on pricing may sit longer despite increased demand.

For Buyers

• Expect more competition than earlier in the year, especially for well-priced homes in desirable neighborhoods.
• Mortgage rates remain relatively stable, helping with budget planning and affordability.
• Be prepared to act quickly on strong listings, while still taking advantage of negotiation opportunities on others.
• With more listings available, you have greater selection, but patience and decisiveness are both important.
• Focus on long-term value — condition, location, and total ownership cost still matter more than timing the market perfectly.

For Sellers

• Now is a strong time to list, as buyer activity is increasing and spring momentum builds.
• Pricing correctly from the start is critical — well-priced homes are attracting the most attention and strongest offers.
• Homes that are clean, updated, and move-in ready continue to perform best.
• Expect some negotiation, but stronger demand means sellers may see better terms than earlier in the year.
• With more listings coming on the market, presentation and marketing will play a key role in standing out.