Coeur d'Alene Market Report – October 2021

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OCTOBER 2021


Inventory shortages show signs of easing, while home sales continue to move quickly. Average Sales Price

Current Listing Inventory

Average Days On Market

$654,320

684

75

Up 27.7%

Down 6.8%

Down 13.8%

Median Sales Price

Closed Sales

Annual Residential Sales

$519,950

421

3,919

Up 31.2%

Down 29.6%

Down 8%

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

123

130 110

130

102

100

90

81

83 68

70

73

73

76

75

July '21

Aug '21

Sep '21

Oct '21

61

50 Nov '20

De c '20

Jan '21

Feb '21

Mar '21

Apr '21

May '21

June '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50% 3.18%

3.30% 3.10% 2.90%

2.81%

2.71%

2.67%

Nov '20

De c '20

2.70%

3.14% 2.98%

2.97%

2.95%

3.01%

2.98% 2.80%

2.73%

2.87%

2.50% Oct '20

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Coeur d’Alene Market Report | October 2021

Jan '21

Feb '21

Mar '21

Apr '21

May '21 June '21 July '21

Aug '21

Sep '21

Oct '21


Active Residential Listings As of 10/15/2021, month/year comparison 1000 731

716

720

684

July '21

Aug '21

Sep '21

Oct '21

800 596 600

555

588

Apr '21

May '21

495

442

400

375

403

Jan '21

Feb '21

636

200 0 Nov '20

De c '20

Mar '21

June '21

Active Listings By Price Range Year-over-year comparison as of 10/15/2021

2020

200

$800K-$1M 11%

2021 138

150

124 119 96

100 50

$1M+ 24%

161

59 20 22

7 13

12 10

121 81

97 73

$150-200K 2%

$600K-$800K 18%

91

$250K-300K 1%

72

47

200K-$250K 1%

33

13

9

$300K-$350K 2% $350K-$400K 7% $400K-$500K 17%

+

$500K-$600K 14%

$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

0-$150K 3%

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

120

2020

2021

103

103

80

79

72 76

80 43 18 14

7

5

14

20 5

$1M+ 12%

75 57

40

$800K-$1M 7%

$600K-$800K 18%

94

42 23

30

$150-200K 1%

49

200K-$250K 1%

$500K-$600K 18%

10

$250K-300K 3%

+ $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

0-$150K 3%

$400K-$500K 22%

$300K-$350K 5% $350K-$400K 10%

Coeur d’Alene Market Report | October 2021

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