Home Prices in Sandpoint Idaho September 2015
Sandpoint Idaho | 83864 | In Town | Real Estate Market Report
provided by Mark Don McInnes of
Keller Williams Sandpoint, an Affiliate of Keller Williams Coeur D’Alene
Sandpoint Idaho Home Prices | Single Family $100,000 to $750,000
Sandpoint Idaho has an incredibly large variety of homes within the 83864 area code. Condos Farms, Ranches, Acreage, Single Family on .25 acres. To give some chance at apples to apples this market report is for searched SOLD “in town” single family homes $100,000 to $750,000, within Sandpoints 83864 area code.
Note on the chart both this years prices, and previous, start and finish very near each other. What is evident is the stabilization over this year compared to previous years figures. There are some dips and peaks and yet not nearly as drastic compared to the prior year. Also what can be seen, surprisingly, is the drop in this years summer prices even with the decrease of inventory. Not shown on the chart is the overall decrease in Days on Market which is so important to pricing, as well as sellers. A 55% decrease from September ’14 to September ’15. Over the past 12 months we have seen an increase in sold prices of 37%.
My two major take aways from this report. #1-STABILIZATION and #2- WINTER SALES A POSITIVE
(All figures are based on ‘Median’, half above and half below, prices for single family homes.)
The median sold price in September 2015 for single family in town homes was $230,777 compared to September 2014 of $239,750. August 2015 Med price was $227,450.
Sold homes in September 2015 numbered 11 compared to 2014 at 12. August 2015 numbered 14. (all numbers median)
Days on Market (median for September) 2015 was 57 compared to September 2014 at 126. August 2015 DOM was 56;
Contact me for a more specific Home Value report based on your
Home and area. 208 255-6227 or Mark@SellingHomes-Land.com
Information searched on Selkirk MLS and considered accurate but not guaranteed.
Living in North Idaho will make! All content and images property of Mark Don McInnes unless otherwise stated. Not to be used without prior written permission.