August 2021 Coeur d'Alene Area Real Estate Market Update

294 Homes Sold in August

Average Sales Price $711,142.

385 Homes Were Listed For Sale in  August

Average Days on Market: 54

Last Month We Had 1.3 Months of Inventory.

Sellers Are Receiving An Average of 99.6% Of Their List Price.

 

For the first time in months, sellers are receiving on average just shy of their list price. For months we've seen sellers receive over list price. Average days on market is still lower than last August when the average days on market was 65.

 

Our average list price for previously owned homes last August was $547,000 while last month the average was $711,142. That's an increase of 35.1% in one year.

 

We are currently sitting with 1.3 months of inventory and we are still considered a sellers market. If you would like to sell your home or just know what it may be worth, please give me a call and I will provide you with a complimentary Market Analysis.

 

Laurel Jonas

Northwest Realty Group

208-758-9000

208homesforsale@gmail.com