Median home prices rise
BILL BULEY | Hagadone News Network | UPDATED 2 years, 6 months AGO
The number of single-family homes sold this year through November in Kootenai County totaled 2,006, down 17.6% from November 2022.
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Bill Buley covers the city of Coeur d'Alene for the Coeur d’Alene Press. He has worked here since January 2020, after spending seven years on Kauai as editor-in-chief of The Garden Island newspaper. He enjoys running. | June 10, 2023 1:00 AM
COEUR d’ALENE — The median price of a single-family home in Kootenai County rose slightly in May.
The Coeur d’Alene Regional Realtors reported that the median home price was $515,500 in May, up from $515,000 in April. It was down 7.4% from May 2022, when the median home price reached $559,000.
The number of Kootenai County homes sold through May totaled 802, a 29% decline from the same time frame the previous year, when 1,119 homes had sold.
Current active residential listings totaled 957 as of June 5, a 37% increase from 957 on June 7, 2022.
The average number of days on the market in May, 93, was up 41% from 66 in May 2022.
The median price of a single-family home in Shoshone County rose to $303,000, up 2.7% from $295,000 in May 2022, according to the Coeur d’Alene Regional Realtors.
The number of Shoshone County homes sold through May, 58, was down 13% from the previous year.
Current active residential listings totaled 75 as of June 5, a 32% increase from June 7, 2022.
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