Market Updates

Aug. 3, 2023

July 2023 Coeur d'Alene Area Real Estate Market Update

July 2023 Coeur d'Alene Area Real Estate Market Update

New Listings: 308 Down 32.3%
Pending sales: 244 Down 3.2%
Closed Sales: 225 Up 17.8%
Days on Market Until Sold: 66 Up 24.5%
Percent to List Price Received: 98 Up 0.5%
Months of Inventory: 3.7  Up 8.8%
Average Sales Price: $718,922 Down 5.8%

 

These statistics are based on Kootenai …

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Posted in Market Updates
July 5, 2023

June 2023 Coeur d'Alene Area Real Estate Market Update and Local Activities

June 2023 Coeur d'Alene Area Real Estate Market Update

New Listings: 405 Down 24.6%
Pending sales: 251 Up 21.8%
Closed Sales: 252 233 Down 6.8%
Days on Market Until Sold: 65 Up 35.4%
Percent to List Price Received: 98.1% Down .8%
Months of Inventory: 3.7 Up 23.3%
Average Sales Price: $767,881 Down 2.7%

 

These statistics are based on …

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Posted in Market Updates
June 5, 2023

May 2023 Coeur d'Alene Area Real Estate Market Update

May 2023 Coeur d'Alene Area Real Estate Market Update

New Listings: 627 Down 13.8%
➡️Pending sales: 366 Up 5.5%
➡️Closed Sales: 252 Down 28.2%
➡️Days on Market Until Sold: 63 Up 31.3%
➡️Percent to List Price Received: 97.9% Down 24.4%
➡️Months of Inventory: 3.6 Up 56.5%
➡️Average Sales Price: $713,001 Down 1.6%

👉Stats are compared to May 2022 previously owned …

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Posted in Market Updates
May 3, 2023

April 2023 Coeur d'Alene Area Real Estate Market Update

April 2023 Coeur d'Alene Area Real Estate Market Update

➡️New Listings: 318 Down 17.2%
➡️Pending sales: 198 Down 18.9%
➡️Closed Sales: 143 Down 37%
➡️Days on Market Until Sold: 71 Up 57.8%
➡️Percent to List Price Received: 97.5% Down 3.8%
➡️Months of Inventory: 2.7 Up 125%
➡️Average Sales Price: $655,492 Down 13%

👉Stats are compared to April 2022 previously owned …

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Posted in Market Updates
April 3, 2023

March 2023 Coeur d'Alene Area Real Estate Market Update

March 2023 Coeur d'Alene Area Real Estate Market Update

➡️New Listings: 297 Down 13.4%
➡️Pending sales: 181 Down 30.9%
➡️Closed Sales: 149 Down 32.9%
➡️Days on Market Until Sold: 78 Up 56%
➡️Percent to List Price Received: 97.1% Down 4.1%
➡️Months of Inventory: 2.1 Down 4.0%
➡️Average Sales Price: $678,414 Down 16.6%

👉Stats are compared to March 2022 previously owned …

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Posted in Market Updates
March 9, 2023

Comparative Market Analysis Basics

Comparative Market Analysis Basics_Laurel Jonas Blog

With the end of the year here, home sellers are doing whatever they can to make their homes the most on the market. To attract prospective buyers, things like well-maintained curb appeal and properly staged rooms are a major help. But there is one factor that can drive buyers to—or …

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March 3, 2023

February 2023 Coeur d'Alene Real Estate Market Update

February 2023 Coeur d'Alene Real Estate Market Update

➡️New Listings: 189 Down 17.5%
➡️Pending sales:  160 Down 9.6%
➡️Closed Sales: 106 Down 32.1%
➡️Days on Market Until Sold: 75 Up 33.9%
➡️Percent to List Price Received: 96.8 Down 3.3%
➡️Months of Inventory: 1.7 Up 183.3%
➡️Average Sales Price: $570,942 Down 16.6%

👉Stats are compared to February. 2022 previously owned …

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Posted in Market Updates
Feb. 3, 2023

Coeur d'Alene Area Real Estate Market Update January 2023

Coeur d'Alene Area Real Estate Market Update

New Listings- 182 Increase of 14.5%

Pending Sales- 132 Down 20.5%
Closed Sales- 85 Down 44.8%
Days on Market- 82 Increase of 1.2%
Percent to List Price- 96.7% Down 2.2%
Months of Inventory- 1.6% Increase of 300%
Average Sales Price- $604,429 Down 16%
I am seeing a large influx of …
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Posted in Market Updates
Jan. 4, 2023

December 2022 Coeur d'Alene Area Real Estate Market Update

December 2022 Coeur d'Alene Area Real Estate Market Update

Here's your December 2022 Coeur d'Alene Area Real Estate Market Update

These statistics are based on Previously Owned Residential Homes.

New Listings: 92  down 11.5% compared to December 2022.

Pending sales: 113 down 19.3% compared to December 2022.

Closed Sales: 104 down 57.7% compared to December 2022.

Days on Market Until …

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Posted in Market Updates
Dec. 21, 2022

Interest Rates: How Fast and How High Will They Climb?

Interest Rates: How fast and how high will they climb_Laurel Jonas Blog

If you’re shopping for a new home now or are hoping for this spring, you probably feel your heart racing a little. The word is out: Mortgage interest rates are on the rise. This means for the same size loan and house, borrowers will have to pay a higher monthly …

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Posted in Market Updates