Kootenai County Market Report – November 2023

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M a r k e t

R e p o r t

Monthly Market Report for Kootenai County November 2023

county

Kootenai 20 23


Average Sales Price

Current Listing Inventory

Average Days On Market

$672,016

1,131

103

Down 7.2%

Up 11.4%

Up 7.3%

Median Sales Price

Closed Sales

Annual Residential Sales

$521,950

196

2,774

Down 4.0%

Down 15.5%

Down 16.0%

Information pulled on 12/01/2023 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. 120 110 100

109 99

104

103

101 88

85

90 80

93

81

79

78

76

May '23

June '23

July '23

70 60 50 De c '22

Jan '23

Feb '23

Mar '23

Apr '23

Aug '23

Sep '23

Oct '23

Nov '23

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, November 30, 2023. 8.00%

7.79%

7.75% 7.50%

7.18%

7.25% 7.00% 6.75%

6.79% 6.49%

6.50%

6.50%

6.42%

6.32%

6.71%

7.31%

7.22%

6.81%

6.43%

6.13%

6.25% 6.00% Nov '22

2

De c '22

Jan '23

Kootenai County Market Report | November 2023

Feb '23

Mar '23

Apr '23

May '23 June '23 July '23

Aug '23

Sep '23

Oct '23

Nov '23


Active Residential Listings As of 11/15/2023, month/year comparison. 1400

1283 1167

1200

1317

1216

1216 1131

1015 1000

873

860 800

754

720

673

600 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

Active Listings By Price Range Year-over-year comparison as of 11/15/2023. 300

2022

250

284

2023 216

200

202

222

162 168

166

$600K-$800K 19%

129

150

99

100

$1M+ 0-$150K $150-200K 25% 3% 1%

$800K-$1M 9%

216

$250K-300K $300K-$350K 1% 1%

63 65 31 31

50

16 13

6 11

9 11

200K-$250K 1%

15 11 + $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 15%

$350K-$400K 6%

$400K-$500K 19%

Sold Listings By Price Range Year-over-year comparison for the month of November. 60

2022

50

51

2023 41

40

33

$600K-$800K 20%

48 39

39

9

10

5

4

2

3

7

4

6

10

14 12

200K-$250K 1%

$500K-$600K 20%

3

$250K-300K 2%

+ $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

0-$150K 5%

$150-200K 2%

22 10

$1M+ 11%

36

30

30 20

$800K-$1M 6%

$400K-$500K 26%

$300K-$350K 2% $350K-$400K 5%

Kootenai County Market Report | November 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.


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