FEBRUARY 2022
In February 2022, Kootenai County home prices were up 19.1% compared to last year, selling for a median price of $523,885. On average, homes in Kootenai County sell after 72 days on the market, down 28.0% from last year in February. There were 224 homes sold in February this year, down from 276 last year. Average Sales Price
Current Listing Inventory
Average Days On Market
$654,494
323
72
Up 11.5%
Down 16.8%
Down 28.0%
Median Sales Price
Closed Sales
Annual Residential Sales
$523,885
224
468
Up 19.1%
Down 18.8%
Down 12.2%
Average Days On Market 12-month comparison, highlighting current month
130 110 90
95 81
83 68
70
73
73
76
75
74
July '21
Aug '21
Sep '21
Oct '21
Nov '21
80 72
61
50 Mar '21
Apr '21
May '21
June '21
De c '21
Jan '22
Feb '22
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates
3.89%
4.00% 3.70%
3.55%
3.40% 3.10%
3.18% 2.98%
2.97%
2.95%
3.01%
2.98% 2.80%
3.14%
3.10%
3.11%
Oct '21
Nov '21
De c '21
2.87%
2.80% 2.50% Feb '21
2
Mar '21
Apr '21
Kootenai County Market Report | February 2022
May '21 June '21 July '21
Aug '21
Sep '21
Jan '22
Feb '22
Active Residential Listings As of 2/15/2022, month/year comparison 1000 731
800 600
555
495
720
716
684
636
588
503 415
400
329
323
Jan '22
Feb '22
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 2/15/2022
2021
120
2022 93
90
77
73
34
30
7
7
0
9
3
5
12
33 5
4
0-$150K 2% $150-200K 3%
73 59
57
60
$1M+ 29%
$800K-$1M 10%
$250K-300K 1%
51
36
34 34
$600K-$800K 16%
5
$300K-$350K 2% 200K-$250K 1% $400K-$500K $350K-$400K 2% 10%
+ $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 24%
Sold Listings By Price Range Year-over-year comparison for the month of February
120
2021
2022
$800K-$1M 6%
$600K-$800K 20%
80
$1M+ 10%
67
$150-200K 3%
57
55
45
42
40
31
28 6
6
5
7
3
5
12
16 4
5
30
29 10 14
23
$500K-$600K 19%
200K-$250K 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 3%
$400K-$500K 26%
$350K-$400K 7%
$250K-300K 2% $300K-$350K 2%
Kootenai County Market Report | February 2022
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