Multiple offers and bidding wars are the norm in a Spokane County housing market that saw the median home price soar to a record $325,000 last month.
The price is reflective of the 21% increase from February 2020 to February 2021, according to the Spokane Association of Realtors.
The county’s median home price continues to increase, in part, because buyers are having to pay tens of thousands of dollars over asking price for properties, said Tom Clark, the association’s governmental affairs committee chair.
“Everything that hits the market is selling,” Clark said. “It’s a real challenge for buyers right now.”
Last month, the county had 133 homes on
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