Local Market Update – October 2014

Short sales and REO sold properties are down 15% of the closed sales YTD.

This time last year, they made up about 18%, and the year prior to that it was 36% of closed sales.

Median sales price for residential is up 5% from this time last year.

One very strong contributing factor to why individuals are moving to Kootenai county is our Quality of life. Not only do we live in one of the most beautiful areas in the Northwest, we also have arguably some of the best overall opportunities for home-ownership.

Below are some additional statistcal information, if you would like a more accurate real estate review on your properties, please contact your local Windermere Coeur d’ Alene REALTOR®.

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