M a r k e t
R e p o r t
Monthly Market Report for Kootenai County October 2023
county
Kootenai 20 23
Average Sales Price
Current Listing Inventory
Average Days On Market
$710,390
1,216
93
Up 2.5%
Up 3.6%
Up 3.3%
Median Sales Price
Closed Sales
Annual Residential Sales
$560,000
247
2,556
Even 0.0%
Down 10.8%
Down 16.7%
Information pulled on 11/01/2023 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
109
110 100
95
99
104
101 88
85
90
79
78
76
May '23
June '23
July '23
80
93
81
70 60 50 Nov '22
De c '22
Jan '23
Feb '23
Mar '23
Apr '23
Aug '23
Sep '23
Oct '23
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, October 26, 2023. 8.00%
7.79%
7.75% 7.50% 7.25%
7.18%
7.08%
7.00%
6.79%
6.75%
6.49%
6.50%
6.50%
6.42%
6.32%
6.71%
7.31%
6.81%
6.43%
6.13%
6.25% 6.00% Oct '22
2
Nov '22
De c '22
Kootenai County Market Report | October 2023
Jan '23
Feb '23
Mar '23
Apr '23
May '23 June '23 July '23
Aug '23
Sep '23
Oct '23
Active Residential Listings As of 10/15/2023, month/year comparison. 1400
1317
1283 1216
1167
1200
1216
1015
1005 1000
873
860 800
754
720
673
600 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
Active Listings By Price Range Year-over-year comparison as of 10/15/2023. 350 300
2022
306
2023 232
250 200 150 100
241
181 187
163
9
9
11 14
26
$300K-$350K 1%
65
200K-$250K 1%
10
0$1 50 K
+
9 15
$1 M
33 27
$250K-300K 1%
$600K-$800K 20%
110 80
$1 50 -2 00 K 20 0K -$ 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
50 0
176
227
$1M+ 0-$150K $150-200K 25% 2% 1%
$800K-$1M 9%
259
$500K-$600K 16%
$350K-$400K 5%
$400K-$500K 19%
Sold Listings By Price Range Year-over-year comparison for the month of October. 100
2022
$800K-$1M 12%
2023
80
$600K-$800K 19%
60
60
50 47
48
26 23 12
20
8
13 1
5
4
4
2
1
27 29
33
37
200K-$250K 2% $250K-300K 0%
7 $500K-$600K 16% +
$300K-$350K 3%
$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 3% $150-200K 2%
47 39
40
$1M+ 15%
$400K-$500K 19%
$350K-$400K 9%
Kootenai County Market Report | October 2023
3
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.