Annual Meeting 2018

2018 Forecast

Home Buyers Nationally

First time buyers made up 34% of all home buyers Nationally.
13% of homes purchased were Multi-Generational
(up from 11%).
21% of buyers were Active-Duty (3%)

or Veterans (18%).

*Information Provided by NAR’s Study on Home Buyers and Sellers 2017

Where Buyers Found the Home
They Purchased

49%
Internet

31%
Realtor

*Information provided by NAR 2017 Study of Home Buyers/Sellers

Local Real Estate Market

Residential Snap Shot 2017 vs 2016

Coeur d’Alene Post Falls

Active Listings +2% Active Listings -4%

Homes Sold +2% Homes Sold NC

Average Sales Price +13% Average Sales Price +13%
$295,000* $264,000*

*Average sold values rounded up to nearest thousandth

Hayden Kootenai County

Active Listings -.5% Active Listings -.5%

Homes Sold +3% Homes Sold +4%

Average Sales Price +17% Average Sales Price +13%
$324,000* $305,000*

*Data provided by Coeur d’Alene MLS

2017 New Constructions vs. Re-sale

Residential Single Family

765 Avg. Sales Price
$298,000
New
Construction Avg. Sales Price
$260,000
Units
3259
Re-Sale
Units

New Construction was 19% of Single Family Sales in 2017
Single Family homes all MLS

*Data provided by Coeur d’Alene MLS

2017 Average Sales Price

All MLS

267,000 399,000 687,000
+11% +9%
+13%
Res <2 Ac Res >2 Ac Res H2O

*Data provided by Coeur d’Alene MLS

2017 Average Sales Price 261,000

All MLS -21%
Multi-Family
229,000

123,000 +1%
Condo
+17%
Vacant Land

*Data provided by Coeur D’Alene MLS

Units Sold by Type 2017

1179

4024

721

+3% +10% +15% NC% +25% -.5%

239 303
105

Res <2 Ac Res >2 Ac Res H20 Vacant Land Condo Multi Family

*Data provided by Coeur d’Alene MLS

Average Days on Market 2017

All MLS

175 177

133 103 99
97

Res <2Ac Res >2Ac Res H2O Vacant Land Condo Multi Fam

*Data provided by Coeur d'Alene MLS

Residential Median Sales Price by Year 253,000
Kootenai County

213,000

95,000

1995 2000 2006 2010 2017

*Data provided by CdA MLS

12

MLS CAGR 23Year History

1.7 Billion

198 Million 2017
1995

*Data provided by Coeur d’Alene MLS

Windermere Realtors CAGR
23Year History

530 Million

Wow… Incredible 2016

3 Million
1995

*Data provided by Coeur d’Alene MLS

Cheers to 2018!