This week the median list price for Bonner County, ID is $768,400 with the market action index hovering around 33. This is less than last month’s market action index of 37. Inventory has held steady at or around 216.
1. The average new listings price this last week is at $339,900 this week, while the 90 day overall average is $767,000. A drop in the 7-day but not the 90-day.
2. The 7-day average per square foot this last week is $365 and the average 90-day per square foot is $368. No real movement since last week.
3. Property with a decrease in price is at 17.13% and the 90 Day Average at 30.05%. All 4 segments had minor drops.
4. This week’s inventory is at 216 properties. The 90 day average for the area is 252.
5. The “sweet spot” for buyers this week are prices around the $650,000 range. Average days on the market at that price point is at 91 days.
6. Market action index dropped to 33. At 30 it becomes a Buyer’s Market.
Boundary County
This week the median list price for Boundary County, ID is $670,950 with the market action index hovering around 35. This is less than last month’s market action index of 38. Inventory has held steady at or around 102.
1. The average new listings price this last week is at $0 this week. Nothing new listed. Nothing reports sold, with the 90 day overall average stays at $670,900. No real movement from last week.
2. The 7-day average per square foot is this week dropped to $330 and the average 90-day per square foot is $345. No real change from last week.
3. Properties with a price decrease this week dropped to 15.69%, above the 90 day average of 28.99%.
4. This week’s inventory lowers to 102 properties. The 90 day average is 120.
5. Since nothing reported sold last week, there is no number. As of today, the lowest time on the market is in the $597,000 for 84 days. The most time on the market is 133 day in the $370,000..
6. Market action index drops to 35. At 30 it becomes a Buyer’s Market.
Median List Prices Last Week:
Athol $895,000
Clark Fork $469,975
Dover $1,187,500
Ponderay $599,000
Priest River $504,499
Sagle $1,049,000
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