HERE'S YOUR WEEKLY LISTING REVIEW FOR

727 S Basalt Rd

Hi Ron & Christine,

This is a massive "win" of a weekend! Getting 17 couples through a single open house is incredible traffic—it proves that your price and presentation are exactly where they need to be to draw the crowd. The Fairchild water issue (PFAS) is the "elephant in the room" for the West Plains, and since about half of your visitors already knew about it, being proactive is the best way to keep an offer from falling apart during inspection. Turning this into a "non-issue" through transparency actually builds a lot of trust with a buyer.

A brand-new analysis from Zillow released last week highlights that we are currently operating in a "two-track" market. The data shows that desirable, well-positioned homes are literally "gone in 7 days." In fact, homes that go pending within their first week are 2.6 times more likely to sell above asking price. However, the gap between homes that sell quickly (averaging 19 days) and those that sit on the market (averaging 56 days) is the widest it has been in years. This means getting our pricing and digital presentation perfect from Day 1 is more crucial than ever.

Locally, the Spokane market continues to reflect this competitive environment. Well-prepared homes are moving to pending in an average of 29 days. Even with the shifting national landscape, Spokane’s sale-to-list price ratio remains incredibly strong at 99.5%, proving that buyers are still willing to pay a premium for the right property.

– Haydn