M a r k e t
R e p o r t
Monthly Market Report for Kootenai County December 2023
county
Kootenai 20 23
Average Sales Price
Current Listing Inventory
Average Days On Market
$692,964
1,027
113
Up 15.8%
Up 18.5%
Up 13.0%
Median Sales Price
Closed Sales
Annual Residential Sales
$532,663
193
2,982
Down 1.4%
Up 7.8%
Down 14.3%
Information pulled on 01/02/2023 The information in this report is compiled from a report given by the Coeur d’Alene Association of REALTORS® and to the best of our knowledge is accurate and current.
Average Days On Market 12-month comparison, highlighting current month. 120 110
109
113 104
103
101
100
93
88
85
90
79
78
76
May '23
June '23
July '23
80
81
70 60 50 Jan '23
Feb '23
Mar '23
Apr '23
Aug '23
Sep '23
Oct '23
Nov '23
De c '23
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, December 28, 2023. 8.00%
7.79%
7.75% 7.50%
7.18%
7.25% 7.00% 6.75% 6.50% 6.25%
6.79% 6.49%
6.50%
6.42%
6.32%
6.71%
7.31%
7.22%
6.81% 6.61%
6.43%
6.13%
6.00% Nov '22 De c '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 De c '23
2
Kootenai County Market Report | December 2023
Active Residential Listings As of 12/15/2023, month/year comparison. 1400
1317
1283 1216
1167
1200
1216 1131 1027
1015 1000
873
800
754
720
673
600 Jan '23
Feb '23
Mar '23
Apr '23
May '23
June '23
July '23
Aug '23
Sep '23
Oct '23
Nov '23
De c '23
Active Listings By Price Range Year-over-year comparison as of 12/15/2023. 300
2022
250
2023 208
197
200 150 100
134
$1M+0-$150K $150-200K 23% 3% 1%
190
158 165
137
113
$600K-$800K 19%
$250K-300K 1%
95
58 50
29 32
50
$800K-$1M 9%
238
14 13
5 10
9
9
$300K-$350K 2%
13 16
200K-$250K 1% $350K-$400K 5%
$500K-$600K 16%
$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 December. 60
2022
50
2023
46 40
40 30
24
39
$600K-$800K 20%
39
12
10
9
8
1
0
0
4
3
5
15 17
8
$1M+ 9%
0-$150K 5% $150-200K 0%
200K-$250K 2%
$500K-$600K 14%
$250K-300K 3%
3
+
$300K-$350K 1%
$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 10%
27 19
20 10
43
$400K-$500K 24%
$350K-$400K 12%
Kootenai County Market Report | December 2023
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cbspokane.com The information in this report is compiled from a report given by the Coeur d’Alene Association of REALTORS® and to the best of our knowledge is accurate and current. ©Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Not intended as a solicitation if your property is already listed by another broker. Information deemed reliable but not guaranteed and should be independently verified.