Kootenai County Residential Market Statistics for January 2014

Residential Market Statistics for January 2014 in Kootenai County

 

Inventory is beginning to change in Kootenai County.

We are seeing a drop in available inventory on the lower priced homes.

Idaho Real Estate Market is moving forward.  A great time to buy or sell Real Estate
Idaho Real Estate Market is moving forward. A great time to buy or sell Real Estate

Still a lot of absorption that needs to happen in the 250k range and up but we are seeing those numbers beginning to move also.  Days on market are still in the 100+ range but when you figure it is taking most people 45 to 60 days to get a loan anymore they are getting picked up a whole lot faster then they used to.

Contact me for a Free Market Analysis on your home!

Summary Statistics
Jan-14 Jan-13 % Chg 2014 YTD 2013 YTD % Chg
Absorption Rate 7.21 8.16 -11.64 7.21 8.16 -11.64
Average List Price $394,463 $355,953 10.82 $378,720 $347,711 8.92
Median List Price $228,800 $199,900 14.46 $221,500 $199,900 10.81
Average Sale Price $222,713 $187,943 18.50 $222,713 $187,943 18.50
Median Sale Price $176,109 $158,500 11.11 $176,109 $158,500 11.11
Average DOM 141 135 4.44 141 135 4.44
Median DOM 111 112 -0.89 111 112 -0.89
Sold Listings
This Month Year to Date
2014 2013 % Chg 2014 2013 % Chg
0-29,999 7 4 75.0 7 4 75.0
30,000-39,999 3 4 -25.0 3 4 -25.0
40,000-49,999 3 3 0.0 3 3 0.0
50,000-59,999 2 3 -33.3 2 3 -33.3
60,000-69,999 1 5 -80.0 1 5 -80.0
70,000-79,999 1 9 -88.9 1 9 -88.9
80,000-89,999 3 4 -25.0 3 4 -25.0
90,000-99,999 2 10 -80.0 2 10 -80.0
100,000-119,999 11 21 -47.6 11 21 -47.6
120,000-139,999 20 18 11.1 20 18 11.1
140,000-159,999 24 25 -4.0 24 25 -4.0
160,000-179,999 15 34 -55.9 15 34 -55.9
180,000-199,999 11 10 10.0 11 10 10.0
200,000-249,999 26 21 23.8 26 21 23.8
250,000-299,999 15 11 36.4 15 11 36.4
300,000-399,999 17 17 0.0 17 17 0.0
400,000-499,999 10 5 100.0 10 5 100.0
500,000+ 10 7 42.9 10 7 42.9
Totals 181 211 -14.2 181 211 -14.2
Pending Listings
This Month Year to Date
2014 2013 % Chg 2014 2013 % Chg
0-29,999 12 2 500.0 12 2 500.0
30,000-39,999 1 5 -80.0 1 5 -80.0
40,000-49,999 1 3 -66.7 1 3 -66.7
50,000-59,999 5 6 -16.7 5 6 -16.7
60,000-69,999 4 9 -55.6 4 9 -55.6
70,000-79,999 1 4 -75.0 1 4 -75.0
80,000-89,999 8 11 -27.3 8 11 -27.3
90,000-99,999 6 9 -33.3 6 9 -33.3
100,000-119,999 11 15 -26.7 11 15 -26.7
120,000-139,999 30 26 15.4 30 26 15.4
140,000-159,999 35 28 25.0 35 28 25.0
160,000-179,999 31 25 24.0 31 25 24.0
180,000-199,999 24 20 20.0 24 20 20.0
200,000-249,999 42 22 90.9 42 22 90.9
250,000-299,999 33 22 50.0 33 22 50.0
300,000-399,999 17 19 -10.5 17 19 -10.5
400,000-499,999 10 15 -33.3 10 15 -33.3
500,000+ 13 15 -13.3 13 15 -13.3
Totals 284 256 10.9 284 256 10.9
Active Listings
This Month Year to Date
2014 2013 % Chg 2014 2013 % Chg
0-29,999 25 28 -10.7 36 35 2.9
30,000-39,999 17 32 -46.9 20 36 -44.4
40,000-49,999 18 28 -35.7 20 29 -31.0
50,000-59,999 27 36 -25.0 37 43 -14.0
60,000-69,999 37 46 -19.6 48 57 -15.8
70,000-79,999 39 45 -13.3 52 53 -1.9
80,000-89,999 42 45 -6.7 50 53 -5.7
90,000-99,999 47 65 -27.7 60 80 -25.0
100,000-119,999 94 110 -14.5 110 138 -20.3
120,000-139,999 137 152 -9.9 167 192 -13.0
140,000-159,999 180 191 -5.8 229 230 -0.4
160,000-179,999 175 187 -6.4 238 228 4.4
180,000-199,999 165 136 21.3 234 164 42.7
200,000-249,999 292 257 13.6 389 305 27.5
250,000-299,999 222 196 13.3 278 246 13.0
300,000-399,999 304 223 36.3 360 277 30.0
400,000-499,999 138 105 31.4 166 136 22.1
500,000+ 357 309 15.5 427 357 19.6
Totals 2316 2191 5.7 2921 2659 9.9
New Listings
This Month Year to Date
2014 2013 % Chg 2014 2013 % Chg
0-29,999 4 10 -60.0 4 10 -60.0
30,000-39,999 2 5 -60.0 2 5 -60.0
40,000-49,999 3 1 200.0 3 1 200.0
50,000-59,999 8 8 0.0 8 8 0.0
60,000-69,999 9 12 -25.0 9 12 -25.0
70,000-79,999 12 11 9.1 12 11 9.1
80,000-89,999 10 7 42.9 10 7 42.9
90,000-99,999 11 14 -21.4 11 14 -21.4
100,000-119,999 22 30 -26.7 22 30 -26.7
120,000-139,999 44 48 -8.3 44 48 -8.3
140,000-159,999 65 50 30.0 65 50 30.0
160,000-179,999 58 57 1.8 58 57 1.8
180,000-199,999 74 45 64.4 74 45 64.4
200,000-249,999 110 81 35.8 110 81 35.8
250,000-299,999 67 65 3.1 67 65 3.1
300,000-399,999 74 52 42.3 74 52 42.3
400,000-499,999 34 23 47.8 34 23 47.8
500,000+ 77 61 26.2 77 61 26.2
Totals 684 580 17.9 684 580 17.9

Still a great time to sell or purchase Real Estate.

Inventory is still good and mortgage rates are still great.   Please don’t hesitate to contact me with your questions or comments.  Please feel free to use the free home search on the side bar and please friend us on facebook at :  https://www.facebook.com/Idahorealhome  

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