In our local Kootenai County Housing Market: Year to date homes sold is down 8% (168 homes) with the average Median Home price up 10% ($277,792 K). The active residential listings are up 1% (770), while Days on the Market is down 23% (113 days on the market).
Woo Hoo! Even though the active residential listings are only up 1%, Let’s Celebrate the increase! We look forward to this positive shift in the market which will help both buyers and sellers.
Mortgage Rates are slightly up from last year but and are still proving to be competitive. With mortgage rates on the rise, our first time home buyers need to start the buying process now. With the average median home up 10% from last year, we are finally seeing this number trend down! What this tell us is… it is #timetobuy #timetosell #realestate
Log into our website www.ConnectedNorthIdahoRealEstate.com and start house hunting! Our site updates every 5 minutes with the most recent and hottest properties available on the market. Whether you are just looking, ready to buy, sell, or invest…#connectednorthidaho has You covered!