Should You Sell Your Spokane Home This Spring? Here's What to Know

Spring is here, and 'For Sale' signs are popping up all over town. If you're wondering whether now is the right time to list your home, you're not alone. The truth is, there’s no one-size-fits-all answer. But there are clear signs that can help you decide if it’s your season to sell—or if it might be smarter to wait.

What’s Happening in Spokane’s 2025 Market?

Spokane’s real estate market has shifted significantly from just a year ago:

• Inventory is up — More homes are on the market than at any point since 2017.

• New listings have increased nearly 9% year-over-year.

• Home sales are up 8.7% YTD.

• Median sales price has risen 1.2% compared to this time in 2024.

Bottom line? Homes are still selling, but buyers have more options. That means if you're going to list, you need a game plan—not just a sign in the yard.

Who Should Sell Right Now?

Here are three types of sellers who are in a great position to make a move this spring:

1. Downsizers

If your current home has more space than you need—think multiple empty bedrooms or square footage you don’t use—now may be the time to transition. Whether you’re eyeing a high-end, low-maintenance home in a 55+ community or just want to simplify your lifestyle, your equity can give you options.

2. Relocators

If you're leaving Spokane for a more affordable market, now’s a great time to sell high and stretch your buying power elsewhere. Whether it’s Florida, the Midwest, or closer to family—this market supports that kind of strategic move.

3. New Construction Buyers

Builders are offering major incentives: rate buy-downs, closing cost credits, and flexibility you won’t often find from resale sellers. If you want something move-in ready and brand new, this could be a great time to leverage your current home and trade up.

Who Should Consider Waiting?

This isn’t a market for the undecided. If you’re just “testing the waters,” you may do more harm than good to your listing’s momentum. Here are a few situations where waiting might be better:

• You're upsizing significantly but haven’t seen a recent income jump—payments could spike with today’s rates.

• You bought within the last 3 years and haven’t gained much equity—you might not net enough to make the move worth it.

• You're emotionally tied to a price from 2021–2022—we’re still about 5% below those peak values, and hanging on to outdated expectations can cost you.

What Are Smart Sellers Doing Now?

• Prepping early: Decluttering, cleaning, and making small repairs.

• Pricing with strategy: Using actual sold data—not just what’s currently listed or what Zillow says.

• Hiring an expert: Someone who knows how to position your home against growing competition and attract serious buyers.

Not Sure If It’s Time to Sell?

Book a free Seller Strategy Session to talk through your home’s value, potential net proceeds, and what kind of move makes sense for your situation. A clear plan now can save a lot of stress later.

And if you're following the full spring selling series, be sure to check out last week’s episode on the 3 biggest mistakes Spokane sellers are making right now.