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Key takeaways about where we are in the market today, based on the Spokane rental property Closed Sales data (Source: Spokane Association of Realtors):
- December 2025 recorded the highest multi-family closing volume of the three years, with 29 closed sales, marking a clear peak across 2023–2025.
- Sales surged sharply month-over-month, rising from 13 closings in November 2025 to 29 in December, representing a 16-unit increase, signaling a strong year-end rebound.
- Year-over-year performance showed significant growth, with December 2025 outperforming December 2024 (14 sales) by 15 units, more than doubling the prior year’s activity.
- December 2025 far exceeded historical December levels, surpassing the 10 sales recorded in December 2023by 19 units, highlighting exceptional end-of-year demand.
- The December spike capped a volatile but strong 2025, reinforcing that investor activity intensified at year-end and confirming December as a standout month for multi-family closings.
