Local Market Update – March 2015

Inventory is the lowest it has been since our local Association since 1996.

The Market in Kootenai County up to $225,000 is a strong sellers market were many price ranges only have 3-4 months of inventory.

Homes priced over $300,000 have longer months of Inventory  with average DOM of those sold at 145.

The Supply vs. Demand situation that we are experiencing with a shortage of inventory could potentially have a large impact on home values this year.

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