HERE'S YOUR WEEKLY LISTING REVIEW FOR

4853 N Sherman Rd

Hi Tim & Billie,

We’ve just gotten the property back on the market after completing key repairs and improving its overall positioning. The goal is to present a stronger, more market-ready home that better aligns with current buyer expectations and improves competitiveness. Early exposure is just starting to build again, and we’ll be closely monitoring activity and feedback over the coming days. We’ll continue to track buyer response and keep you updated as new interest comes in.

One of the most consistent themes we’re seeing right now is buyer sensitivity to price. Across multiple listings, buyers are frequently commenting that homes feel “a bit high” relative to what else is available, especially as inventory has expanded. Inventory in Spokane remains elevated, with homes averaging about 30–45 days on market, reflecting a noticeably slower-moving market compared to recent years. Median home prices are generally holding in the mid-$350Ks to low-$400Ks depending on the data source, with slight year-over-year softening in some segments. With more choices on the market, buyers are taking longer to decide and are becoming more demanding in terms of condition, updates, and overall value before moving forward. We’re also seeing this behavior reflected in our own buyer clients, who are taking more time to compare multiple properties and carefully evaluate whether a home truly justifies the price before committing.

– Haydn