Market Updates

Sept. 9, 2022

August 2022 Coeur d'Alene Area Real Estate Market Update

August 2022 Coeur d'Alene Area Real Estate Market Update

While we had 349 active homes come on the market last month, that number was down from 390 August 2021. The big difference is the amount of properties sold. We had 240 last month which is down considerably from August 2021 with 315 sold. That's 23.8% less homes ...

View More
Posted in Market Updates
Aug. 3, 2022

July 2022 Coeur d'Alene Area Real Estate Market Update

July 2022 Coeur d'Alene Real Estate Area Market Update

The market has changed from a seller's market to more of a balanced market quickly. Inventory has increased 128.6% within 12 months. Closed sales went down 46.1% compared to this time last July. Homes are taking longer to sell because there is more inventory to choose from ...

View More
Posted in Market Updates
July 26, 2022

What is the MLS?

What is the MLS?

What is MLS_Laurel Jonas Blog

MLS stands for Multiple Listing Service. It is a database of homes for sale that is produced and maintained by real estate professionals to help their clients buy or sell property. Homes for sale on an MLS are called listings. The MLS listings typically include important ...

View More
July 12, 2022

What Can a Landlord Deduct from Your Deposit?

What Can a Landlord Deduct From Your Deposit_Laurel Jonas Blog

Maybe you didn’t think twice when you put a big security deposit on that fancy apartment two summers ago. But now that you’re getting ready to move again, you might be wondering how much of that deposit you’ll actually get back.

 

Believe it or not, your deposit isn’t at ...

View More
July 6, 2022

June 2022 Coeur d'Alene Area Real Estate Market Update

June 2022 Coeur d'Alene area real estate market update

Inventory is up by 133.3% compared to this time last year while pending and closed sales are drastically down. However the average sales price has increased to $793,533 which is up 28.4% from this time last year.

 

Interest rates are around 5.5%- 6% which is ...

View More
Posted in Market Updates
June 9, 2022

May 2022 Coeur d'Alene Area Real Estate Market Update

May 2022 CDA Area Real Estate Market Update

464 Homes were listed May 2022

245 Homes Sold last month

Average Sales Price $764,366

Average Days on Market: 43

Last Month We Had 1.8 Months of Inventory. This is up 100% compared to May 2021.

Sellers Are Receiving An Average of 100.9% Of Their List Price ...

View More
Posted in Market Updates
May 17, 2022

What Everyone Wants To Know: Will Home Prices Decline in 2022?

will homes prices decline in 2022_Laurel Jonas Blog

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to ...

View More
Posted in Market Updates
April 5, 2022

March 2022 Coeur d'Alene Area Real Estate Market Update

March 2022 Coeur d'Alene Area Market Update

New Listings- 483 down 14.4%

Average Sales Price- $650,239 up 8.5%

Sold Properties- 301 down 18.4%

Average Days on Market- 57 down 1.7%

Percentage to list price- 100.6% down 1.7%

Months Supply- .8 up 14.3%

Stats are compared to March 2021 previously ...

View More
Posted in Market Updates
March 3, 2022

February 2022 Coeur d'Alene Area Real Estate Market Update

February 2022 Coeur d'Alene Area Real Estate Market Update

New listings are down from 293 last February to 227 last month. Pending sales are also down approx. 22.4%. This isn't welcoming news to an already low inventory market.

 

Our current inventory supply is a just half a months worth. A healthy market is 6 months. This ...

View More
Posted in Market Updates
Feb. 7, 2022

Coeur d'Alene Area Real Estate Market Update January 2021

Coeur d'Alene Area Real Estate Market Update January 2021

155 properties were listed for sale. That is down 24% compared to January 2021.

147 properties sold in January

Average Days on Market in January was 81 wish is an increase of 42%

Sellers received an average of 99% of the list price

.3 months of inventory in January

The ...

View More
Posted in Market Updates