Smoke Alarm Recall

Kidde-Smoke-AlarmOn March 21, 2018, Kidde launched a safety recall of approximately 452,000 smoke alarms in the United States and about 40,000 sold in Canada. There is a possibility a yellow cap that covers one of the alarm’s smoke sensors was left on during assembly, possibly limiting the alarm’s ability to detect smoke. Please check the model of each alarm in your home.

The U.S. Consumer Product Safety Commission offers more information about the recall, including details that can help you determine if you have a recalled alarm,

Remember, be sure to test your smoke alarms monthly and change the batteries every time you change you clocks for daylight savings.​

Median Sale Price up 15.4% Year over Year

Residential closed sales of single family homes on less than one acre including condominium sales totaled 758 for May 2018. This total is down 2.4% from May 2017 when 777 closed sales were reported. The average sales price for May was $265,057 compared to the average sales price in May last year of $227,481, an increase of 16.5%. The median sales price was $240,000, an increase of 15.4% over the median sales price in May 2017 of $208,000.

Year to date sales through May total 2,836. This is a year to date increase of 9.8% over last year when total sales through May 2017 were 2,583. The average sales price through May is $245,479, up 12% over the average sales price through May 2017 of $219,159. Median sales price through May is $225,000 which is up 12.5% through May last year when the median price was $200,000.

Inventory continues to lag behind last year, down 17.6%. Current inventory is 1,389 residential properties compared to 1,686 last year as of the May report. New construction sales reported for May totaled 68 and the total through May this year is 306. This number is up 15.9% over the 264 sales reported through May 2017.

Source: Spokane Association of Realtors

Spokane Makes #18 on Realtor.com’s List of Top 20 Performing Markets

top_20_mrkts_May18

Realtor.com® ranked the following 20 markets as “hottest” in the country in May:

  1. Midland, Texas
  2. Boston
  3. San Francisco
  4. Columbus, Ohio
  5. Vallejo, Calif.
  6. Boise City, Idaho
  7. Stockton, Calif.
  8. Buffalo, N.Y.
  9. Grand Rapids, Mich.
  10. Fort Wayne, Ind.
  11. Colorado Springs, Colo.
  12. Sacramento, Calif.
  13. Worcester, Mass.
  14. Rochester, N.Y.
  15. Ann Arbor, Mich.
  16. Detroit
  17. Odessa, Texas
  18. Spokane, Wash.
  19. Dallas
  20. Racine, Wis.

Original Source: “Home-Buying Frenzy Sets a Record as California Loses its Grip on Hottest Markets,” realtor.com® (May 31, 2018)