Kootenai County Market Report – February 2024

Page 1

February 2024

Monthly Mortgage Rates

Average Sales Price Current Listing Inventory Average Days On Market $610,911 Up 7. 9 % Median Sales Price $515,000 Up 4.0% 853 Up 23. 3 % 182 Down 4.2% Closed Sales 107 Up 0.9% 334 Down 0. 3 % Annual Residential Sales Kootenai County Market Report | February 2024 2 101 85 79 78 76 81 88 93 103 113 123 107 70 80 90 100 110 120 130 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 Average
12 - month comparison,
month.
Days On Market
highlighting current
Monthly 30 - year fixed mortgage rates highlighting
Thursday, February 29, 2024. 6.50% 6.32% 6.43% 6.79% 6.71% 6.81% 7.18% 7.31% 7.79% 7.22% 6.61% 6.63% 6.94% 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 8.00% Feb '23 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 Information pulled on 03/01/2024 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.
the week ending

Active Residential Listings

Active Listings By Price Range

Sold Listings By Price Range

Kootenai County Market Report | February 2024 3
of 2/15/2024
comparison.
As
, month/year
Year - over - year comparison as of 2/15/2024 . 754 873 1015 1167 1216 1283 1317 1216 1131 1027 850 853 600 800 1000 1200 1400 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24 25 9 4 11 10 42 102 113 141 73 162 21 19 5 6 12 43 167 138 180 77 185 0 25 50 75 100 125 150 175 200 0-$150K$150-200K200K-$250K$250K-300K$300K-$350K$350K-$400K$400K-$500K$500K-$600K$600K-$800K$800K-$1M $1M+ 2023 2024 0-$150K 2% $150-200K 2% 200K-$250K 1% $250K-300K 1% $300K-$350K 1% $350K-$400K 5% $400K-$500K 20% $500K-$600K 16% $600K-$800K 21% $800K-$1M 9% $1M+ 22%
Year - over - year comparison for the month of February. 12 4 2 0 6 23 49 35 30 17 12 9 3 2 2 6 21 42 37 32 12 16 0 10 20 30 40 50 0-$150K$150-200K200K-$250K$250K-300K$300K-$350K$350K-$400K$400K-$500K$500K-$600K$600K-$800K$800K-$1M $1M+ 2023 2024 0-$150K 5% $150-200K 2% 200K-$250K 1% $250K-300K 1% $300K-$350K 3% $350K-$400K 11% $400K-$500K 23% $500K-$600K 20% $600K-$800K 18% $800K-$1M 7% $1M+ 9%

cbspokane.com

TheinformationinthisreportiscompiledfromareportgivenbytheCoeurd’AleneAssociationofREALTORS®andtothebestofourknowledgeisaccurateandcurrent.

©ColdwellBankerRealEstateLLC.AllRightsReserved.ColdwellBanker®andtheColdwellBankerLogoareregisteredservicemarksownedbyColdwellBankerRealEstate LLC.ColdwellBankerRealEstateLLCfullysupportstheprinciplesoftheFairHousingActandtheEqualOpportunityAct.Eachof ceisindependentlyownedandoperated. Notintendedasasolicitationifyourpropertyisalreadylistedbyanotherbroker.Informationdeemedreliablebutnotguaranteedandshouldbeindependentlyveri ed.

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