Coeur d'Alene Market Report – April 2021

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April 2021


With demand at all-time highs, prices continue to surge in competitive seller’s market. Average Sales Price

Current Listing Inventory

Average Days On Market

$584,798

514

83

Up 56.3%

Down 50.7%

Down 11.7%

Median Sales Price

Closed Sales

Annual Residential Sales

$460,000

398

1,313

Up 39.6%

Up 19.2%

Up 14.1%

Average Days On Market 12-month comparison, highlighting current month

130 123 120 98

102 94

100

94

90

85

85

87

Aug '20

Sep '20

Oct '20

81

83

Mar '21

Apr '21

60 May '20

June '20

July '20

Nov '20

De c '20

Jan '21

Feb '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50%

3.33%

3.30%

3.23%

3.18%

3.15% 2.99%

3.10%

2.91%

2.90%

2.88%

2.98%

2.97% 2.81%

2.71%

2.67%

Nov '20

De c '20

2.70%

2.73%

2.50% Apr '20

2

May '20 June '20 July '20

Coeur d’Alene Market Report | April 2021

Aug '20

Sep '20

Oct '20

Jan '21

Feb '21

Mar '21

Apr '21


Active Residential Listings As of 4/15/2021, month/year comparison

1092

1200

1076

1055

1014

900 733

800

596 438

368

393

Jan '21

Feb '21

400

479

514

Mar '21

Apr '21

0 May '20

June '20

July '20

Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Active Listings By Price Range Year-over-year comparison as of 4/15/2021

2020

200

2021

$800K-$1M 11%

185 131

150

$600K-$800K 14% 100 105

100 25

13

12

100 97 74 57

36

36

$500K-$600K 12%

10

7

4

88 60

57

48

50

$1M+ 19% 0-$150K 2% $150-200K 1% 200K-$250K 1% $250K-300K 2%

165 147

$300K-$350K 7% $350K-$400K 11%

$1 M

0$1 50 K

+

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 $400K-$500K 20%

Sold Listings By Price Range Year-over-year comparison for the month of April

2020

128

2021

120

$500K-$600K 13% 61

40

15 10

34

26 4

3

56

3

8

55

54

52

43 24

33

23

17 4

2 + $1 M

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 0$1 50 K

$800K-$1M 4% $1M+ 8%

0-$150K 2%

$150-200K 1% $250K-300K 2% 200K-$250K 1% $300K-$350K 9%

77

80

$600K-$800K 14%

$400K-$500K 32%

$350K-$400K 14%

Coeur d’Alene Market Report | April 2021

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