COEUR D'ALENE, Idaho — The Kootenai County housing market is up when it comes to prices, but down when it comes to sales, reports our partners from the Coeur d'Alene Press.
According to the Coeur d'Alene Regional Realtors, the median single-family home price in the county was $550,000 in October, up 15.8% from the same month last year. In June, the median home price was $560,000.
The number of homes sold through October, 2,260, was down 23% from one year ago.
The number of active residential listings on Nov. 3, 930, was down 8.3% from September, but well up from 382 that were listed Nov. 10, 2021.
The number of days a home spent on the market was down to 70, a drop of 8% from October 2021.
"Homes are still selling fast and at higher prices than a year ago," according to the Coeur d'Alene Regional Realtors.
Winter tends to be a slower time in the real estate market, as fewer people are looking to relocate in the cold months.
The Coeur d'Alene Press is a KREM 2 news partner. For more from our partners, click here.
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