Our 6-Month (April - September 2008) Market Sales Report for Coeur d'Alene Multiple Listing Service (MLS). Kootenai County Idaho - Coeur d'Alene, Hayden, Hayden Lake, Post Falls, Rathdrum, Athol, Bayview, and all surrounding cities and towns in Kootenai County Idaho - Coeur d'Alene MLS
Currently our total sales are below the year 2001 and above the year 2000. We are at less than 1/2 the sales of the year 2005.
This data is for Single Family Residential (SF) listings ONLY - (Residential homes on UNDER an acre - Real Property) sold during a six month period - from *Apr 1st through Sep 30th* of each year reported.
Shown are total number of sales, median sale price, and average sales price in each area. Chart reflects data from SF listings only, and provides comparisons of total numbers sold to similar periods in previous years.
New construction housing accounted for 28% of SF sales for the 6 month period ending Sep 2007, and for 24% of sales for the 6 month period ending Sep 2008.
Please contact me with any of your Real Estate / Relocation / Referral needs:
Pam Jank, Realtor, GRI, CRS, ABR, RRS, PPS
Previews Property Specialist
Your North Idaho Real Estate Pro
FREE MLS Listings Search at:
Web: Coeur d'Alene Idaho Homes for Sale
email to:pamjank@hotmail.com
Pam's Blog: http://pamjank.activerain.com
Phone: 208-661-2282
Fax: 208-772-628 Toll Free: 800-829-2555 EXT.1275
COLDWELL BANKER SCHNEIDMILLER REALTY
435 W. Hanley Avenue
Coeur d'Alene, ID 838315
Pam Jank
Pam, great research. When did you come out of the last RE Slump in your market, ws it around 2000? The numbers look very simmilar. How are the price comparisons for this period?
Endre, In 2000 we started feeling a positive change in our market. By 2001 we really started feeling it and it steadily increased from there. From 1996 through 2000 our market was slow. 6-12+ months on the market was not unusual. Much like now, except we now have a much larger supply of product and many more properties are over 1-year on market.
Love the chart, Pam. It confirms what I have said about real estate in my two areas where I have lived in FL (Orlando and Jacksonville). I began my real estate career in 2001 and it feels a lot like it did back then - except as you way for the larger supply of homes on the market. Builders were jumping through hoops to get people to buy houses, buyers were reluctant and sales were slow. You really had to work to make a sale. Hmmm, sounds familiar...