- New listings- 163 Down 7.9%
- Pending listings- 130 Down 38.7%
- Sold listings- 147 Down 49.8%
- Days on Market- 74 Up 19.4%
- % To List Price- 96.3% Down 2.6%
- Monthly Supply- 2.5 Up 177.8%
- Average List Price- $698,922 Up 11.6%
These statistics represent previously owned homes in Kootenai County.
In a nut shell, interest rates have increased the past 6 months so that has cooled off the market. There is more inventory and buyer demand is low so sellers are having to negotiate. Our average purchase price has increased 11.6% from this time last year.
