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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):
- 9 Multi-Family Properties Closed in January 2026: January 2026 recorded 9 closed sales.
- Down year-over-year vs. 2025: January 2026 (9 sales) is 4 fewer sales than January 2025 (13), a decrease of approximately 31%.
- Up compared to 2024: January 2026 exceeds January 2024 (6 sales) by 3 sales, representing a 50% increase year-over-year from 2024.
- Below 2023 levels: January 2026 is also 4 sales lower than January 2023 (13), matching the same difference seen when compared to 2025.
- Third-highest January among the four years shown: January 2026 (9 sales) ranks above 2024 (6) but below 2023 and 2025 (both 13).
