DEC STATS

Residential Snap Shot
January 1 , 2018 – Dec 1st,2018
Compared to same time last year

Area 01 CdA Area 02 Post Falls Area 03 Hayden
Active Listings -3% Active Listings -3% Active Listings +8%

Homes Sold/Closed YTD -1% Homes Sold/Closed YTD +7% Homes Sold/Closed YTD +4%

Median Sales Price +12% Median Sales Price +14% Median Sales Price +14%

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

Active Listings -4% Active Listings +1%

Homes Sold/Closed YTD +6% Homes Sold/Closed YTD -1%

Median Sales Price +16% Median Sales Price +19%

Area Athol/Bayview 06 NE Kootenai Co Area 12 Silver Valley Area All Kootenai Co
-4% Active Listings -1%
Active Listings +1% Active Listings

Homes Sold/Closed YTD +38% Homes Sold/Closed YTD +0% Homes Sold/Closed YTD +5%

Median Sales Price +10% Median Sales Price +34% Median Sales Price +14%

Information Source

2018 National Association of REALTORS®
Home Buyer and Seller Generational Trends

Buyers Generational Info

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

*Data provided by Cda MLS

Information Source Used in Home Search

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

METHODS REAL ESTATE AGENT USED TO MARKET HOME

Information Source Used in Home Search

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

PRICE OF HOME PURCHASED COMPARED TO HOME RECENTLY SOLD

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

Agent Representation Disclosure

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

"Ninety percent of markets are experiencing price
gains while very few are experiencing consistent price
declines," said Yun. "2017 was the best year for home
sales in ten years, and 2018 is only down 1.5 percent
year to date.

4

Reasons why we are not headed towards another Bubble……

• Current market conditions are fundamentally different than the last recession 10 years ago

• Housing starts are under-producing instead of over-producing

• Historically low foreclosure level-High equity gains
• Consumers living within their means
• Not pulling out cash equity to buy toys

• Lending regulations are stricter

Information Source Used in Home Search

Information Source Used in Home Search

Information Source Used in Home Search

*2018 National Association of REALTORS® Home Buyer and Seller Generational Trends

Information Source Used in Home Search