Coeur d'Alene Market Report – July 2021

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July 2021


Demand continues to outstrip supply, raising home prices at record-setting pace. Average Sales Price

Current Listing Inventory

Average Days On Market

$652,161

710

72

Up 37.7%

Down 32.6%

Down 23.4%

Median Sales Price

Closed Sales

Annual Residential Sales

$510,500

420

2,643

Up 32.8%

Down 25.5%

Up 4.5%

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

110 90

130

123

130 102 85

100

87

85

83

81

68

70

72 61

50 Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Jan '21

Feb '21

Mar '21

Apr '21

May '21

June '21

July '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50% 3.18%

3.30% 3.10%

2.99%

2.91%

2.88%

2.90%

2.98%

2.97% 2.81%

2.71%

2.67%

Nov '20

De c '20

2.70%

2.95%

2.98% 2.80%

2.73%

2.50% July '20

2

Aug '20

Sep '20

Coeur d’Alene Market Report | July 2021

Oct '20

Jan '21

Feb '21

Mar '21

Apr '21

May '21 June '21 July '21


Active Residential Listings As of 7/15/2021, month/year comparison

1200

1014 899 733

800

596 439

400

Jan '21

Feb '21

400

579

624

Apr '21

May '21

June '21

492

371

710

548

0 Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Mar '21

July '21

Active Listings By Price Range Year-over-year comparison as of 7/15/2021

2020

200

2021

159

144

150

143

133

122

109 91

100 32

20 15

10 5

19

7

$600K-$800K 17%

110

98

$1M+ 25%

0-$150K 2% $150-200K 1% 200K-$250K 1%

64 61

52

50

$800K-$1M 9%

177

175

$250K-300K 3%

18

$300K-$350K 2%

+

$500K-$600K 13%

$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

$350K-$400K 7% $400K-$500K 20%

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

120

2020

2021

$600K-$800K 21%

103 105

100

88

84 72

80

69 69 51

50 39

30

40 11 8

18 7

3

7

7

25

$500K-$600K 16%

0-$150K 2% $150-200K 1%

$250K-300K 2%

13

+ $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

$1M+ 9%

200K-$250K 2%

25

0 0$1 50 K

$800K-$1M 6%

$400K-$500K 25%

$300K-$350K 4% $350K-$400K 12%

Coeur d’Alene Market Report | July 2021

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