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Coeur d'Alene Market Report – November 2021

Page 1

November 2021


Housing demand persists in the market as sales and home prices begin to slow. Average Sales Price

Current Listing Inventory

Average Days On Market

$618,205

503

74

Up 10.6%

Down 15.7%

Down 26.7%

Median Sales Price

Closed Sales

Annual Residential Sales

$510,000

391

4,322

Up 24.8%

Down 5.8%

Down 7.6%

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

130

123

130

110

100

90

81

83 68

70

73

73

76

75

74

July '21

Aug '21

Sep '21

Oct '21

Oct '21

3.14%

3.10%

Oct '21

Nov '21

61

50 De c '20

Jan '21

Feb '21

Mar '21

Apr '21

May '21

June '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50% 3.18%

3.30% 3.10% 2.90%

2.98%

2.97% 2.71%

2.67%

Nov '20

De c '20

2.70%

2.95%

3.01%

2.98% 2.80%

2.73%

2.87%

2.50%

2

Jan '21

Coeur d’Alene Market Report | November 2021

Feb '21

Mar '21

Apr '21

May '21 June '21 July '21

Aug '21

Sep '21


Active Residential Listings As of 11/15/2021, month/year comparison 1000 731

800 600

495

442

375

403

Jan '21

Feb '21

400

720

716

636

555

588

Apr '21

May '21

684 503

200 0 De c '20

Mar '21

June '21

July '21

Aug '21

Sep '21

Oct '21

Nov '21

Active Listings By Price Range Year-over-year comparison as of 11/15/2021

2020

200

0-$150K 3%

134

150

112

103 85

100 38 12 17

2

11

14

84

82

66

56 35

28 6

4

$150-200K 2% $250K-300K 1%

105 56

50

$1M+ 27%

$800K-$1M 9%

2021

$600K-$800K 21%

46

200K-$250K 1% $300K-$350K 1% $350K-$400K 6% $400K-$500K 16%

4 + $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 13%

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

120

2020

114

2021

$600K-$800K 17%

84

40

34

40

15 19 4

5

9

5

71

70

69

80

29 6

65

$800K-$1M 8% $1M+ 9%

$500K-$600K 18%

41

32 20

29

$150-200K 1%

35

200K-$250K 1%

10

$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%

$400K-$500K 29%

$350K-$400K 7%

$300K-$350K 3%

Coeur d’Alene Market Report | November 2021

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