HERE'S YOUR WEEKLY LISTING REVIEW FOR

4305 S Bernson Ln

Hi Rob & Lori,

We’ve hit a bit of a quiet patch this week, which is a stark contrast to the one sold and one pending we’ve seen in the $800K+ bracket recently. This confirms that the buyers are definitely out there and making moves. As we saw with our last feedback, buyers in this price range are looking for a 'zero-obstacle' lifestyle. While they absolutely loved your 'tasteful' interior, the mention of 'work' needed in the backyard is likely what's causing local buyers to pause and compare us against the homes that just went pending. We have the beauty; now we need to ensure we have the competitive edge to be the next property off the board.

Spokane was recently ranked a Top 25 Retirement Hub for 2026 by Forbes, largely because our $395k average home value is a massive bargain compared to the $601k state average. However, while we are technically in a seller’s market, local inventory has surged 24% year-over-year. This extra breathing room has ended the "buyer panic," allowing shoppers to be incredibly selective and take their time comparison shopping across the 2.8 months of available supply.

The lack of immediate offers is primarily a "purchasing power" issue Since January, the average buyer has lost between $40k–$65k in buying power, leading to a "selective freeze" where they only pull the trigger on undeniable value. With the Fed at a 0% chance of cutting rates before June, buyers are being surgical with their offers.

The market is currently split: standout homes sell in a week, while everything else is sitting for a median of 56 days. The long-term outlook remains strong—especially since local building permits just hit a 50-year low—but our immediate focus is keeping your home in that "fast-track" category by staying more competitive than the 24% of new listings we’re up against.

– Haydn