Kootenai County Market Report – November 2022

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November 2022


In November 2022, Kootenai County home prices were up 7.0% compared to last year, selling for a median price of $545,000. On average, homes in Kootenai County sell after 95 days on the market, up 28.4% from last year in November. There were 219 homes sold in November this year, down from 408 last year. Average Sales Price

Current Listing Inventory

Average Days On Market

$728,410

1,005

95

Up 19.3%

Up 90.7%

Up 28.4%

Median Sales Price

Closed Sales

Annual Residential Sales

$545,000

219

3,285

Up 7.0%

Down 46.3%

Down 24.4%

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

100

95

95

90 81

80 80

72

70

85

71 63

66 60

59

57

Apr '22

May '22

June '22

60 50 De c '21

Jan '22

Feb '22

Mar '22

July '22

Aug '22

Sep '22

Oct '22

Nov '22

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, December 1, 2022.

6.70%

7.00% 6.25%

5.70% 5.10%

5.50%

5.30%

6.49%

5.66%

4.67%

4.75% 4.00% 3.25%

5.10%

7.08%

3.55% 3.10%

3.11%

Nov '21

De c '21

3.89%

2.50%

2

Jan '22

Kootenai County Market Report | November 2022

Feb '22

Mar '22

Apr '22

May '22 June '22 July '22

Aug '22

Sep '22

Oct '22

Nov '22


Active Residential Listings As of 11/15/2022, month/year comparison. 1400

1234

1204 1200

1187

1160 1005

936

1000 800

681 511

600

415

382

329

323

Jan '22

Feb '22

400 200 De c '21

Mar '22

Apr '22

May '22

June '22

July '22

Aug '22

Sep '22

Oct '22

Nov '22

Active Listings By Price Range Year-over-year comparison as of 11/15/2022.

300

2021

$800K-$1M 13%

2022

250

202

200

156 89

50

30

15

10 14

4

8

5

9

7 14

129 138

109 69

58

$150-200K 1%

165

150 100

0-$150K $1M+ 22% 3%

220

$250K-300K 1%

$600K-$800K 20%

$300K-$350K 1%

51

30

200K-$250K 1% + $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 16%

$400K-$500K 16%

$350K-$400K 6%

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

2021

120

$800K-$1M 6%

118

2022

$600K-$800K 20%

90

76

60 30 31 20

30

9

7

5

6

2

6

7

37

$1M+ 16%

66 44 30

$150-200K 2% 200K-$250K 1%

35 34

33

11 6

$500K-$600K 14%

14

$250K-300K 3%

+ $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 17%

0-$150K 4%

$350K-$400K 14%

$300K-$350K 3%

Kootenai County Market Report | November 2022

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