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Residential Snap Shot
January 1 , 2018 – January 31, 2018
Area 01 CdA Area 02 Post Falls Area 03 Hayden
Active Listings 235 Active Listings 235 Active Listings 121
Homes Sold/Closed YTD 79 Homes Sold/Closed YTD 73 Homes Sold/Closed YTD 36
Avg Days on Market 122 Avg Days on Market 147 Avg Days on Market 138
Median Sales Price $256,000 Median Sales Price $243,000 Median Sales Price $325,000
Avg Sales Price $304,000 Avg Sales Price $271,000 Avg Sales Price $355,000
SP/OLP 95% SP/OLP 97% SP/OLP 93%
Area 04 Rathdrum/Twin Lakes Area 04a Hauser Lake Area Athol/Spirit Lake 05 NW Kootenai Co
Active Listings 112 Active Listings 14 Active Listings 42
Homes Sold/Closed YTD 25 Homes Sold/Closed YTD 1 Homes Sold/Closed YTD 9
Avg Days on Market 164 Avg Days on Market 166 Avg Days on Market 229
Median Sales Price $234,000 Median Sales Price $375,000 Median Sales Price $216,000
Avg Sales Price $244,000 Avg Sales Price $375,000 Avg Sales Price $190,000
SP/OLP 98% SP/OLP 96% SP/OLP 99%
Area Athol/Bayview 06 NE Kootenai Co Area 12 Silver Valley Area All Kootenai Co
Active Listings 30 Active Listings 98 Active Listings 944
Homes Sold/Closed YTD 6 Homes Sold/Closed YTD 18 Homes Sold/Closed YTD 243
Avg Days on Market 116 Avg Days on Market 114 Avg Days on Market 156
Median Sales Price $344,000 Median Sales Price $99,000 Median Sales Price $253,000
Avg Sales Price $334,000 Avg Sales Price $117,000 Avg Sales Price $305,000
SP/OLP 97% SP/OLP 91% SP/OLP 96%
*Data provided by Cda MLS
Residential Sales Comparison
Year over Year
612
580 577 567 590
535
452 392 402
395
313
266
Jan Feb March April May June July Aug Sept Oct Nov Dec
2014 Sold 2015 Sold 2016 Sold 2017 Sold 2018 Sold
*Data provided by Cda MLS
Months of Inventory Analysis
Kootenai County Residential < 2 acres
October 1, 2017 through January 31, 2018
400
350 336
300
250
207
200
150
130
119
100
83 78
70
62
50 41
25 34 31
4 10 1 17 17 1417 1212 8 11 2 10 10
3
1 1 1 2 11223 544 5 72 232 216
0
Active Listings Sold During Time Period Months of Inventory
*Data provided by Cda MLS
Months of Inventory Analysis
Kootenai County Residential > 2 acres
October 1, 2017 through January 31, 2018
30
27
25
20 19 19 18
17
15 15
15 14 1414
13
10 9 10 9
6 9 66
8
8
77
6 66
5 4 44
22 3 33
2 2 22
11 11
0 00 0
0
Active Listings Sold During Time Period Months of Inventory
*Data provided by Cda MLS
Bee Keeper
Potter Extraordinaire
Sheep keeper
Aphrodite
Venus
Medusa
NAR’s 2018 Projected Price Changes
By State
UNITED STATES
1.9%
NAR
Clothing 13% Gift Candy
14% Cards 48%
35% Flowers
Dining Out 34%
17% 52%
Jewelry Cards
$2,300,000
24 units sold + 46%
Avg Sales Price +17%
(same time frame year prior)
$990,000
Avg. List Avg Sold
Date range : 6/1/2017 -1/18/2018
*Information provided by Cd’A MLS
2,300,000
$2,042,000 2015 2017
units sold + 23% 990,000
Avg Sales Price +17%
(same time frame year 2015)
$837,000
Avg. List Avg Sold
Date range : 6/1/2017 -1/18/2018
*Information provided by Cd’A MLS
$1,740,000
35 units sold + 1%
Avg Sales Price +26%
(same time frame year prior)
$850,000
Avg. List Avg Sold
Date range : 6/1/2017 -1/18/2018
*Information provided by Cd’A MLS
$1,710,000 2015 1,739,000 2017
35 units sold + 1% 850,000
Avg Sales Price +14%
(same time frame year 2015)
$734,000
Avg. List Avg Sold
Date range : 6/1/2017 -1/18/2018
*Information provided by Cd’A MLS
$774,000
18 units sold +68%
Avg Sales Price +42%
(same time frame year prior)
$729,000
Avg. List Avg Sold
Date range : 6/1/2017 -1/18/2018
*Information provided by Cd’A MLS
Talking Points…..
• In the first month of the year our Residential new
listing sales are up 6% from last year, and median
value is up 11% from last January.
• Our listings are consistent with January of last
year with a slight increase in list price, approx 7%
• January 2018 compared to January 2017 shows
evidence of strong buyer confidence, however
with an increase in interest rates we could expect
a slight dip in sales
Months of Inventory Analysis
Coeur d'Alene Residential
October 1, 2017 through January 31, 2018
120
105
100
81
80
60
47 47
40
30
20
20 17 18
15
13 13
7 9 87 5
7 32
223 0 0 1 1 1 1 2 4 4 232 010 100 010 000 000 000 00 0
2 2
0
*Data provided by Cda MLS Active Listings Sold During Time Period Months of Inventory
Months of Inventory Analysis
Post Falls Residential
October 1, 2017 through January 31, 2018
160
140 137
120
100
80
69
60
45
42
40 38
32
29
20 17
57 2 9
2 2 452 352 223 113 000 100 020 000 100 000 000 000 00 0
00 0 1
0
Active Listings Sold During Time Period Months of Inventory
*Data provided by Cda MLS
Months of Inventory Analysis
Hayden Residential
October 1, 2017 through January 31, 2018
40
35 34
30
25
25
22
20
15
15
13
12
10
10
8
77
66 6
5 4 5 45 4 54
54 4
33 3 3 3 3
11 2 2
2 122 1 2
1 1 1 1 1 1 0 0 1
0 00 0 0 00 0
0
0
Active Listings Sold During Time Period Months of Inventory
*Data provided by Cda MLS
Months of Inventory Analysis
Rathdrum/Twin Lakes Residential
October 1, 2017 through January 31, 2018
60
51
50
40
30
25
20
20
13 13
12
10 8
22 4 3 6 3
32 11 2 1
000 0 0 0 1 0 000 000 000 000 000 000 000 000 000 00 0
0
Active Listings Sold During Time Period Months of Inventory
*Data provided by Cda MLS
Months of Inventory Analysis
Kootenai County Residential - Condo
October 1, 2017 through January 31, 2018
20
18
18
16
14
12
1010
10
9 99
8
7
66 6 6 6
6
5 55
4
4 33 3 3 33 3
3
2 22 2 2 2 2 22
21 1 11 11
1
0 0 0 000 0 0 0 0 000 0 0 0 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
October 1, 2017 through January 31, 2018
7
6
6
5
44
4
33 3 33 3
3
2 22 2 2
2
22
1 11 1 11 11 11 11 1 1
1 1
0 00 00 000 000 0 0 000 000 000 0 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 Waterfront
October 1, 2017 through January 31, 2018
10
99
9
8
8
7
6 66
6
55
5
4 44 4 4
4
33 3 33 333 333 3 33 33
3
2 2 2 2 2
2 2 2 22 2
2
11 11 1 1 11
1
000 0 0 00 00
0
*Data provided by Cda MLS Active Listings Sold During Time Period Months of Inventory