Market Updates

Dec. 6, 2022

Nov 2022 Coeur d'Alene Real Estate Area Market Update

 

Nov 2022 Coeur d'Alene Area Real Estate Market Update

  • New listings- 163 Down 7.9%
  • Pending listings- 130 Down 38.7%
  • Sold listings- 147 Down 49.8%
  • Days on Market- 74 Up 19.4%
  • % To List Price- 96.3% Down 2.6%
  • Monthly Supply- 2.5 Up 177.8%
  • Average List Price- $698,922 Up 11.6%
These statistics represent previously owned homes in Kootenai County.
In a …
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Posted in Market Updates
Nov. 3, 2022

October 2022 Coeur d'Alene Area Real Estate Market Update

October 2022 Coeur d'Alene Area Real Estate Market Update

  • 222 Homes were listed October 2022. That's down 18%
  • 176 Homes Sold last month. That's down 46%
  • Average Sales Price $715,969 which is up 5.8%
  • Average Days on Market: 75. That's up 23%
  • Last Month We Had 2.8 Months of Inventory. This is up 133.3% compared to Oct. 2021.
  • Sellers …
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Posted in Market Updates
Oct. 25, 2022

1352 W Miss Hana Ave, Post Falls, ID 83854

If you are looking for a home with a shop and parking? This may be the home for you. Not only is it highly upgraded but it sits on a .37 acres.  Click on the link below to view the listing with pictures or view our walk through video below …

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Oct. 5, 2022

September 2022 Coeur d'Alene Area Real Estate Market Update

September 2022 Coeur d'Alene Area Real Estate Market Update

Interest rates are increasing causing the prices to come down however sellers are receiving an average of 96.6% of their list price. We are currently at 3 months supply of inventory and average days on market is 68.

 

Our closed sales are down 25.8% compared to this time last …

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Posted in Market Updates
Sept. 9, 2022

August 2022 Coeur d'Alene Area Real Estate Market Update

August 2022 Coeur d'Alene Area Real Estate Market Update

While we had 349 active homes come on the market last month, that number was down from 390 August 2021. The big difference is the amount of properties sold. We had 240 last month which is down considerably from August 2021 with 315 sold. That's 23.8% less homes sold than …

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Posted in Market Updates
Aug. 3, 2022

July 2022 Coeur d'Alene Area Real Estate Market Update

July 2022 Coeur d'Alene Real Estate Area Market Update

The market has changed from a seller's market to more of a balanced market quickly. Inventory has increased 128.6% within 12 months. Closed sales went down 46.1% compared to this time last July. Homes are taking longer to sell because there is more inventory to choose from and the buyer …

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Posted in Market Updates
July 26, 2022

What is the MLS?

What is the MLS?

What is MLS_Laurel Jonas Blog

MLS stands for Multiple Listing Service. It is a database of homes for sale that is produced and maintained by real estate professionals to help their clients buy or sell property. Homes for sale on an MLS are called listings. The MLS listings typically include important …

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July 12, 2022

What Can a Landlord Deduct from Your Deposit?

What Can a Landlord Deduct From Your Deposit_Laurel Jonas Blog

Maybe you didn’t think twice when you put a big security deposit on that fancy apartment two summers ago. But now that you’re getting ready to move again, you might be wondering how much of that deposit you’ll actually get back.

 

Believe it or not, your deposit isn’t at …

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July 6, 2022

June 2022 Coeur d'Alene Area Real Estate Market Update

June 2022 Coeur d'Alene area real estate market update

Inventory is up by 133.3% compared to this time last year while pending and closed sales are drastically down. However the average sales price has increased to $793,533 which is up 28.4% from this time last year.

 

Interest rates are around 5.5%- 6% which is still well below the …

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Posted in Market Updates
June 9, 2022

May 2022 Coeur d'Alene Area Real Estate Market Update

May 2022 CDA Area Real Estate Market Update

464 Homes were listed May 2022

245 Homes Sold last month

Average Sales Price $764,366

Average Days on Market: 43

Last Month We Had 1.8 Months of Inventory. This is up 100% compared to May 2021.

Sellers Are Receiving An Average of 100.9% Of Their List Price.

* These stats …

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Posted in Market Updates