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5 key takeaways about where we are in the market today based on the Spokane rental property Closed Sales data (Source: Spokane Association of Realtors)
- Closed sales in July 2025 totaled 17, matching the July 2023 figure and showing a recovery from July’s dip to 11 sales.
- Sales improved by 6 units from July 2025 (11 → 17), marking one of the strongest month-over-month gains this year.
- Compared to July 2024, sales were down by 5 units (22 → 17), reflecting a year-over-year decline of roughly 22.7%.
- July 2025 ranked as the fourth-highest month of the year for closed sales so far, trailing May, June, and October.
- The August uptick suggests a late-summer rebound in market activity after mid-summer softness.
