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Coeur d'Alene Market Report – December 2021

Page 1

December 2021


Housing demand continues to outpace supply, as home sales continue to cool. Average Sales Price

Current Listing Inventory

Average Days On Market

$641,905

415

80

Up 8.4%

Down 6.7%

Down 34.4%

Median Sales Price

Closed Sales

Annual Residential Sales

$515,000

339

5,626

Up 34.5%

Down 9.1%

Down 10.2%

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

130 130 110

100

90

81

83 68

70

73

73

76

75

74

July '21

Aug '21

Sep '21

Oct '21

Nov '21

80

61

50 Jan '21

Feb '21

Mar '21

Apr '21

May '21

June '21

De c '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50% 3.18%

3.30% 3.10% 2.90% 2.70%

2.98%

2.97% 2.67%

2.95%

2.80%

2.73%

3.14%

3.10%

3.11%

Oct '21

Nov '21

Nov '21

3.01%

2.98%

2.87%

2.50% De c '20

2

Jan '21

Feb '21

Coeur d’Alene Market Report | December 2021

Mar '21

Apr '21

May '21 June '21 July '21

Aug '21

Sep '21


Active Residential Listings As of 12/15/2021, month/year comparison 1000 731

800 600

555

495

720

684 503 415

375

403

Jan '21

Feb '21

400

716

636

588

200 0 Mar '21

Apr '21

May '21

June '21

July '21

Aug '21

Sep '21

Oct '21

Nov '21

De c '21

Active Listings By Price Range Year-over-year comparison as of 12/15/2021

2020

2021

150

124

100 64

47

50 10 10

1

7

7

5

19

54

$250K-300K 2%

62

54 27

38

200K-$250K 1% $300K-$350K 2%

$600K-$800K 19%

11

9

7

0-$150K 2% $150-200K 2%

81

77

75

62

$1M+ 30%

$800K-$1M 9%

+ $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 19%

$400K-$500K 11%

$350K-$400K 3%

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

120

2020

2021 90

81

33

40 2

7

2

3

7

33

40

34 35 15

21

$500K-$600K 17%

200K-$250K 1% $250K-300K 1%

+ $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%

57

56

51

43

7

$1M+ 10%

73

80

13 11

$800K-$1M 6%

$600K-$800K 21%

$400K-$500K 27%

$350K-$400K 10%

$300K-$350K 2%

Coeur d’Alene Market Report | December 2021

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Coeur d'Alene Market Report – December 2021 by Coldwell Banker Tomlinson - Issuu