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Real Estate & Construction

Spokane-area home sales continue to outpace 2024

Median price surpasses $450K mark in May
June 9, 2025
Journal of Business Staff

Home sales in the Spokane area this year continue to outpace sales from the same period in 2024.


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Kootenai County home sales, prices rise in May

Active listings nearly 14% higher than last year
June 5, 2025
Journal of Business Staff

Kootenai County single-family homes sold this year reached 922 in May, a 2.7% increase compared to the same time last year, according to the latest Market Snapshot from Coeur d’Alene Regional Realtors.


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Latinos en Spokane envisions $10M community hub

Nonprofit aims to expand health, housing access in east central Spokane
June 5, 2025
Karina Elias

Latinos en Spokane is in the early stages of planning a $10 million cultural center and affordable housing project that will create flexible space for the organization’s growing programs and build over 40 housing units. 


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Spokane group acquires downtown Cd'A apartment tower

10-story Lake Tower Apartments includes 41 living units
June 5, 2025
Tina Sulzle

Spokane-based Fourth Avenue Capital has acquired Lake Tower Apartments in Coeur d’Alene for an undisclosed amount.


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Independent-living complex planned in Spokane Valley

Vacant land behind old school eyed for senior residential units
June 5, 2025
Erica Bullock

A townhouse-style housing development for seniors, dubbed Keystone Villas, is under consideration in Spokane Valley.


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Religious center proposed in Lincoln Heights neighborhood

Project to include worship area, housing
June 5, 2025
Tina Sulzle

Jewish community center Chabad of Spokane plans to build a 9,000-square-foot religious institution at 4111 E. 39th Avenue.


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Median-priced homes out of reach for most in Spokane County

State regulations, lack of land among reasons cited for low attainability rate
June 5, 2025
Dylan Harris

Nearly two-thirds of families in Spokane County can’t afford to buy a median-priced home in the area, a new report shows.


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21 residential lots, private road planned in Liberty Lake

Development is continuation of original 2008 project near two golf courses
June 5, 2025
Karina Elias

Twenty-one residential lots and a private road are planned at Bella Lago, a high-end gated community in Liberty Lake. 


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Catholic Charities plans $20M in low-income housing upgrades

Renovations include new finishes, fixtures, other improvements
June 5, 2025
Karina Elias
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Low appraisals viewed as a problem by some, misperception by others

Perceptions of a low appraisal trend are misguided, other factors at play
June 5, 2025
Karina Elias

In today’s post-pandemic housing market, some real estate agents in Spokane say that residential appraisals are coming in lower than expected, leading to agreed-upon deals being upended and frustrating sellers and buyers.



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