Spokane area historical home prices since 1996
December 18, 2010 Leave a comment
Average home prices in Spokane since 1996. Data is from Zillow.com. Caution: Y axis is non-zero based. I added a black line to show what prices might look like if the trend from 1996 to 2003 remained in force, rather than the “bubble” that occurred. This does not mean that the average price will fall to $100k – there are many factors affecting home prices. But there is a possibility that prices will follow a traditional trajectory rather than the recent bubble.