MARKET REPORT Sandpoint Housing Market Update

from Go Sandpoint Magazine August 2023

FEEL BETTER , RECOVER FASTER

courtesy of BEN GEANETTA, REALTOR®, TEAM LEAD

INVENTORY IS STARTING TO CLIMB, GIVING BUYERS MORE HOME OPTIONS TO CHOOSE FROM—and ultimately should help soften home prices. Even with the increased inventory, at its current pace, it’s not enough to have a big effect on home prices. From May to June 2023, we saw a decrease in median sale price of 10k while inventory went from 284 to 286 homes for sale. Dig in. We are in this for the long haul.

Are you curious about current real estate trends in Sandpoint, Idaho? See page 42!

If you’re looking to buy or sell, making sure the right advocate is working for you is more important than ever—so is maintaining our community and preserving the qualities that make Sandpoint, Idaho, such an incredible place to live. With resumes that include careers such as lawyers and psychologists, our dedicated team brings an extra level of professionalism to the table. We pride ourselves in our ability to negotiate and advocate on behalf of our clients, to make sure you are getting the best deal possible, whether you are buying or selling property. Contact us for your real estate needs, and discover why we’ve earned all 5-star ratings!

5th & Cedar, Sandpoint's in-town, luxury condos are here!

Only 6 units total. Safe, easy and delightful living with restaurants and shops a short walk away. Condo E is THE top-floor corner unit and is truly ‘turnkey’! Professionally designed and furnished in a clean Scandinavian style with custom art and décor. Massive windows bring in light and views of town, Lake Pend Oreille and surrounding mountains. Secure building w/private elevator and dedicated 2-car garage (EV plumbed). Resort-town living at its best! Primary, 2nd home, 1031 investors, luxury vacation rentals are all options. Come see today!

• Quartz countertops