Kootenai County Home Sales Report - May 2023

SOLD

SALESDOWN32.1%

Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforMay2023total254comparedtoMay2022whenthe totalwas374.

AVERAGEPRICEDOWN0.5%

Theaverageclosedpricefor May2023 was$713,093comparedto May2022 whentheaveragepricewas$716,297.

MEDIANPRICEDOWN8.8%

Themedianclosedpricefor May2023 was$538,000comparedto May2022 whenthemedianpricewas$590,000.

INVENTORYUP48.0%

FOR SALE

NEW

Thenumberofactivelistingsin May2023 was1,015comparedto May2022 whenthenumberactivelistingswas686.

NEWLISTINGSDOWN0.7%

ThenumberofnewlistingsinMay2023was606comparedtoMay 2022whenthenumberofnewlistingswas610.

Informationpulledon06/01/2023.TheinformationinthisreportiscompiledfromareportgivenbytheCoeurd’AleneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.

©ColdwellBankerRealEstateLLC.AllRightsReserved.ColdwellBanker® andtheColdwellBankerLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC.ColdwellBankerRealEstateLLCfullysupportsthe principlesoftheFairHousingActandtheEqualOpportunityAct.Eachofficeisindependentlyownedandoperated.Notintendedasasolicitationifyourpropertyisalreadylistedbyanotherbroker.