This week the median list price for Bonner County, ID is $772,400 with the market action index hovering around 36. This is less than last month’s market action index of 37. Inventory has held steady at or around 214.
1. The average new listings price this last week is at $949,000 this week, while the 90 day overall average is $767,000. No movement from last week.
2. The 7-day average per square foot this last week is $365 and the average 90-day per square foot is $370. No movement since last week.
3. Property with a decrease in price is at 19.16% and the 90 Day Average at 34.46%. All 4 segments had minor drops.
4. This week’s inventory is at 214 properties. The 90 day average for the area is 261.
5. The “sweet spot” for buyers this week are prices around the $464,950 range. Average days on the market at that price point is at 84 days.
6. Market action index dropped to 36. 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 37. This is about the same as last month’s market action index of 37. Inventory has held steady at or around 102.
1. The average new listings price this last week is at $0 this week. Nothing reports sold, with the 90 day overall average stays at$659,900. 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 31.92%. Biggest gains from the Top & Bottom 25%.
4. This week’s inventory lowers to 102 properties. The 90 day average is 125.
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 increased to 38. 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
I’m looking to have coffee and meet people! If you have time, and would like to meet for free coffee, please email me atjeff.conroy@alliancetitle.com or call me at 208.263.2125! Looking forward to hearing from you!
Need Farms or Listing Packages? Let us help you and we‘ll get them to you quickly! Contact us at sandpoint.office@alliancetitle.com or call 208.263.2125.
I hope you enjoy these weekly reports and you are sharing these reports. Please think of Alliance Title & Escrow in Sandpoint if you ever need help, or have title and escrow questions. Our job it to help you be successful!
