March 2022
In March 2022, Kootenai County home prices were up 15.8% compared to last year, selling for a median price of $550,000. On average, homes in Kootenai County sell after 63 days on the market, down 22.2% from last year in March. There were 316 homes sold in March this year, down from 387 last year. Average Sales Price
Current Listing Inventory
Average Days On Market
$654,112
382
63
Up 9.5%
Down 21.2%
Down 22.2%
Median Sales Price
Closed Sales
Annual Residential Sales
$550,000
316
794
Up 15.8%
Down 18.3%
Down 13.7%
Average Days On Market 12-month comparison, highlighting current month
130 110 90
95 83 68
70
73
76
73
75
80
74
72 63
61
50 Apr '21
May '21
June '21
July '21
Aug '21
Sep '21
Oct '21
Nov '21
De c '21
Jan '22
Feb '22
Mar '22
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates 5.00%
4.67%
4.50% 3.89%
4.00% 3.55% 3.50%
3.18% 2.98%
3.00%
2.95%
2.98%
2.80%
2.87%
3.01%
3.14%
3.10%
3.11%
Oct '21
Nov '21
De c '21
2.50% Mar '21
2
Apr '21
May '21 June '21 July '21
Kootenai County Market Report | March 2022
Aug '21
Sep '21
Jan '22
Feb '22
Mar '22
Active Residential Listings As of 3/15/2022, month/year comparison 1000 731
800 555
600
720
716
684
636
588
503 415
400
329
323
Jan '22
Feb '22
382
200 0 Apr '21
May '21
June '21
July '21
Aug '21
Sep '21
Oct '21
Nov '21
De c '21
Mar '22
Active Listings By Price Range Year-over-year comparison as of 3/15/2022
2021
120
78 61
60 3
8
4
4
13
4
70
54
42 10 10
82
81
40 41
33 6
3
0-$150K 3% $150-200K 2% $250K-300K 1%
$800K-$1M 11%
95
90
30
$1M+ 33%
125
2022
$300K-$350K 1%
$600K-$800K 18% $400K-$500K 9%
$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
$500K-$600K 20%
200K-$250K 1% $350K-$400K 1%
Sold Listings By Price Range Year-over-year comparison for the month of March
120
2021
109
2022
$600K-$800K 22%
85
80
6 10
6
5
7
9
3
$150-200K 2% 34 35
8
$500K-$600K 27% +
$250K-300K 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
200K-$250K 3%
24 22 7
0-$150K 3%
46
43 24
22
$1M+ 11%
66 69
63
40
$800K-$1M 7%
$400K-$500K 20%
$350K-$400K 2%
$300K-$350K 2%
Kootenai County Market Report | March 2022
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