Market Statistics Jan.2017-May 31, 2017

Residential Snap Shot
January 1 , 2017 – May 31, 2017

Area 01 CdA Area 02 Post Falls Area 03 Hayden

Active Listings 407 Active Listings 378 Active Listings 245
Homes Sold/Closed YTD 513 Homes Sold/Closed YTD 442 Homes Sold/Closed YTD 240
Avg Days on Market 87 Avg Days on Market 98 Avg Days on Market 95
Median Sales Price $248,000 Median Sales Price $225,000 Median Sales Price $280,000
Avg Sales Price $284,000 Avg Sales Price $255,000 Avg Sales Price $330,000
SP/OLP 97% SP/OLP 99% SP/OLP 97%

Area 04 Rathdrum/Twin Lakes Area 04a Hauser Lake Area Athol/Spirit Lake 05 NW Kootenai Co

Active Listings 151 Active Listings 31 Active Listings 67
Homes Sold/Closed YTD 149 Homes Sold/Closed YTD 14 Homes Sold/Closed YTD 67
Avg Days on Market 124 Avg Days on Market 113 Avg Days on Market 147
Median Sales Price $211,000 Median Sales Price $325,000 Median Sales Price $257,000
Avg Sales Price $242,000 Avg Sales Price $340,000 Avg Sales Price $273,000
SP/OLP 98% SP/OLP 97% SP/OLP 100%

Area Athol/Bayview 06 NE Kootenai Co Area 12 Silver Valley Area All Kootenai Co

Active Listings 45 Active Listings 171 Active Listings 1629
Homes Sold/Closed YTD 16 Homes Sold/Closed YTD 100 Homes Sold/Closed YTD 1514
Avg Days on Market 102 Avg Days on Market 155 Avg Days on Market 100
Median Sales Price $250,000 Median Sales Price $89,000 Median Sales Price $248,000
Avg Sales Price $325,000 Avg Sales Price $112,000 Avg Sales Price $292,000
SP/OLP 96% SP/OLP 89% SP/OLP 97%

*Data provided by Cda MLS

Residential Sales Comparison
Year over Year

592 571

535 543 502 522

509

452 405 416
424
395

350 354

287
266

Jan Feb March April May June July Aug Sept Oct Nov Dec

2013 Sold 2014 Sold 2015 Sold 2016 Sold 2017 Sold

*Data provided by Cda MLS

Months of Inventory Analysis
Coeur d'Alene Residential

March 1, 2017 through May 31, 2017

90
84

80

70
65

60 57
54

50

40 37 34
34 30
30
30 2120

25 15

20 99

10 3 3 3 3 7 6 55 5 3 3 5
544 54 2 1 11 00 32
11
000 000 100 000 01 0
0

*Data provided by Cda MLS Active Listings Sold During Time Period Months of Inventory

Months of Inventory Analysis
Post Falls Residential

March 1, 2017 through May 31, 2017

120

100
100

80
73

60 59
60

46
40

30

20 16 19

1111 12 9

78
5 5 5
4 3 2 434 223 000 110 100 10
2
010 1 000 100 000 000 10 0

0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Hayden Residential

March 1, 2017 through May 31, 2017

35

32

30
28
26

25

22

20

15 15
15
10 9
12 9

10 88

7 77 7

5 5 6
5
44 5 5 55 5
2
11 4

000 3 33 3 33 2
0 22

1

0 000 0 000 000 00 0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Kootenai County Residential < 2 acres

March 1, 2017 through May 31, 2017

250
238

200

172

153
150

136 137

100 97
90

54 61 50
50 53

29 26 33

14 15 20
10
88 14 11 11 11 8 12
3 65 4 66 57 6 36 2 103
1 2 3 3 3 5 0 000 206 11 3

0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Kootenai County Residential > 2 acres

March 1, 2017 through May 31, 2017

30

27

25

20

17

16

15 15
15 14

13 1313 13 13

12

11

10 9 8 9 9 999
10 7
77
8 6

6

5 5
5
54 44

3 333 3 333 3
2

1 11 1 11
0 00
000 00
0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

30 Months of Inventory Analysis 24
Kootenai County Residential with Waterfront
25
21 March 1, 2017 through May 31, 2017

20 27 27

24

20

15 13 13
14
13

11 11

10 9 99 99 9 9
7
8 8
77 8

66 6

5

5 4
3 33
33 33

2 2 22 22

1 11 1 11
0
000 0 0 00
0

*Data provided by Cda MLS Active Listings Sold During Time Period Months of Inventory





Retiree Population Projection

(in thousands)

80000
70000
60000
50000
40000
30000
20000
10000

0

1965 - Q1 Homeownership Rate Still Near 50-year Lows
1967 - Q1
1969 - Q1 70
1971 - Q1 69
1973 - Q1 68
1975 - Q1 67
1977 - Q1 66
1979 - Q1 65
1981 - Q1 64
1983 - Q1 63
1985 - Q1 62
1987 - Q1 61
1989 - Q1 60
1991 - Q1
1993 - Q1
1995 - Q1
1997 - Q1
1999 - Q1
2001 - Q1
2003 - Q1
2005 - Q1
2007 - Q1
2009 - Q1
2011 - Q1
2013 - Q1
2015 - Q1
2017 - Q1

Kootenai County Residential

25 Months of Inventory Analysis
Rathdrum/Twin Lakes Residential
22 March 1, 2017 through May 31, 2017

20 21
18

15
15

10 99

7

66

54 5
3 5

4

2 3
2 2

1 1 1

0 0 0 0 000 0 0 000 000 000 000 000 000 000 000 00 0
0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Kootenai County Vacant Land
March 1, 2017 through May 31, 2017

200

180 175

160

140

120 96
111

100

80 72 68

60

45

40 36 36 36 39
31 32 33

22 24 26
19
20 15 15 18 21 21 15 18
12 11 13 79 12
6 1 9 0 7 5 6 4
77 1 30 113 0 30 0 0 0
0
2010

0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Kootenai County Residential - Condo
March 1, 2017 through May 31, 2017

14

12

12
11

10

8
8

66666 666
6

55

44 4

4

33 3
1 11
2 2 22
222

1 11 1

0 0 000 000 000 0 0 000 000 000 00 0

0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS

Months of Inventory Analysis
Kootenai County Residential with Secondary Waterfront

March 1, 2017 through May 31, 2017

14

12
12

10 99
9

8
77

6 6
33
5 5 4
4 4
4

33 33 3 3333333 3

2 2 1 2 2 1
11 1 1 11 11 11 1 1 1

0 000 0 0 0 0 000 0
0

Active Listings Sold During Time Period Months of Inventory

*Data provided by Cda MLS



Housing Forecast

2015 2016 2017 2018
Forecast Forecast

New Home 500,000 560,000 620,000 670,000
Sales

Existing Home 5.3 5.4 5.6 5.8
million million million
Sales million

Median Price + 6.8% +5.1% +5.0% +3.5%
Growth

30-year Rate 3.9% 3.6% 4.3% 5.0%