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Coeur d'Alene Market Report – September 2021

Page 1

September 2021


Housing market frenzy shows minor signs of calming, but inventory shortages continue. Average Sales Price

Current Listing Inventory

Average Days On Market

$764,869

720

76

Up 43.5%

Down 20%

Down 10.6%

Median Sales Price

Closed Sales

Annual Residential Sales

$509,000

386

3,470

Up 28.2%

Down 32.5%

Down 5.3%

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

123

130 110 90

130

102

100

87

83

81

68

70

73

73

76

July '21

Aug '21

Sep '21

61

50 Oct '20

Nov '20

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%

2.88%

2.98%

2.97% 2.81%

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% Sep '20

2

Oct '20

Coeur d’Alene Market Report | September 2021

Jan '21

Feb '21

Mar '21

Apr '21

May '21 June '21 July '21

Aug '21

Sep '21


Active Residential Listings As of 9/15/2021, month/year comparison 1000 733

800

596 600

555

588

Apr '21

May '21

495

442

375

403

Jan '21

Feb '21

400

731

716

720

July '21

Aug '21

Sep '21

636

200 0 Oct '20

Nov '20

De c '20

Mar '21

June '21

Active Listings By Price Range Year-over-year comparison as of 9/15/2021

2020

200

2021

170 147

150

123

50

118

99 104

10 8

17

8

77

70

$250K-300K 1% 200K-$250K 1% $300K-$350K 2% $350K-$400K 6% $400K-$500K 16%

55

11

6

0-$150K 4% $150-200K 1%

$600K-$800K 20%

98

45

25 29

$1M+ 24%

143

86

100

$800K-$1M 11%

169

+

$500K-$600K 14%

$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

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

120

2020

2021

$600K-$800K 19%

105 87

86

85

79

80

67 63

73 60 46

41

40

22 10

22

14 4

4

3

11

200K-$250K 1%

37

27

$250K-300K 3%

12

+

$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-$150K 3%

$1M+ 9%

$150-200K 1%

$500K-$600K 16%

0 0$1 50 K

$800K-$1M 7%

$400K-$500K 27%

$350K-$400K 11%

Coeur d’Alene Market Report | September 2021

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