Coeur d'Alene Market Report – January 2021

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January 2021


Coeur d’Alene’s luxury market continues to surge amid inventory shortages. Average Sales Price

Current Listing Inventory

Average Days On Market

$517,845

534

122

Up 45.8%

Down 59.8%

Up 0.8%

Median Sales Price

Closed Sales

Annual Residential Sales

$403,324

368

368

Up 31.1%

Up 15%

Up 15%

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

130 120

122 117

115

110 97

100

99

102

103

99 94

91

92

Sep '20

Oct '20

87

90 80 Feb '20

Mar '20

Apr '20

May '20

June '20

July '20

Aug '20

Nov '20

De c '20

Jan '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90%

3.72%

3.70% 3.45%

3.50%

3.29%

3.33%

3.30%

3.23%

3.15% 2.99%

3.10%

2.91%

2.90%

2.88%

2.81%

2.71%

2.67%

Nov '20

De c '20

2.70%

2.73%

2.50% Jan '20

2

Feb '20

Mar '20

Coeur d’Alene Market Report | January 2021

Apr '20

May '20 June '20 July '20

Aug '20

Sep '20

Oct '20

Jan '21


Active Residential Listings As of 1/15/2021, month/year comparison 2000 1500

1692

1654

1589

1628

1528 1370

1350

1255

1113 872

1000

658

534

500 0 Feb '20

Mar '20

Apr '20

May '20

June '20

July '20

Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Jan '21

Active Listings By Price Range Year-over-year comparison as of 1/15/2021

2020

200

187

2021

150

145

143

150

119

103 54

50

50

23

14

18

71 48

46

32

$600K-$800K 13%

105

102

81

78

100

$1M+ 20%

$800K-$1M 8%

184

0-$150K 4% $150-200K 3% 200K-$250K 3%

68 42

$250K-300K 6%

$500K-$600K 9%

+

$300K-$350K 10%

$1 M

0$

15 0K $1 50 -2 00 20 K 0K -$ 25 $2 0K 50 K30 $3 0K 00 K$3 $3 50 50 K K$4 $4 00 00 K K$5 $5 00 00 K K$6 $6 00 00 K K$8 00 $8 K 00 K$1 M

0

$350K-$400K 9%

$400K-$500K 15%

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

100

2020

$800K-$1M 5%

2021 74

75

52

50

36

33 18

25

19 16

24

16

$600K-$800K 8% $500K-$600K 10%

74

39

44

52 38

31 19

200K-$250K 4%

18 7

0-$150K 5% $150-200K 4%

32

29 10

$1M+ 9%

$250K-300K 10%

7

+ $1 M

0$

15 0K $1 50 -2 00 20 K 0K -$ 25 $2 0K 50 K30 $3 0K 00 K$3 $3 50 50 K K$4 $4 00 00 K K$5 $5 00 00 K K$6 $6 00 00 K K$8 00 $8 K 00 K$1 M

0 $300K-$350K 11%

$400K-$500K 20% $350K-$400K 14%

Coeur d’Alene Market Report | January 2021

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