Schweitzer Mountain Resort Condo Market Report – November ’16

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Schweitzer Mountain Resort Condos for sale $300,000 to $500,000

schweitzersnowlogo2015watermarked-copy-sSchweitzer Ski Resort is scheduled to open this Friday December 2- 2016,  whether and snow permitting of course, and that does not appear to be a problem at the present time.  Interested in having your own condo at Schweitzer Mountain Ski Resort for the 2016/17 season?  There is a wide variety to choose from. Search results (November 30, 2016) show there are 14 Schweitzer Condo’s for sale between $300,000 to $500,000.   Prices range from low of $334,800 to a high ( in this search bracket ) of $499,950. *Total               14 *Bedrooms:     Two – 4,  Three – 8,  Four – 2 Sq. Ft:             Low – 842,  High – 2,885 DOM:              Average – 300,  Median – 193  Least – 112,  Longest – 977 Pricing:           Average – $412,967       Median – $399,000 Click here! Search Schweitzer Mountain Resort Condos for sale $300,000 to $500,000: Past years show consistent jump in 1st  quarter sales to those of 4th quarters. 1st quarter ’15 – 3 sold with $417,000 average sale price & average of 188 DOM 4th quarter ’15 – 1 sold with sales price of $345.000 & 249 DOM. 1st quarter ’16 – 3 sold with average sale price of $415,000 & average 230 DOM. Thus far 4th quarter 2016 – 1 sold with $328,750 sales price & 249 DOM View current Schweitzer Mountain Condo’s priced between $300,000 to $500,000 per this post date. With Schweitzer Mountain Resort Condos active ‘for sales’ at 14 we have approximately a one year absorption rate.  There is nothing, from past sales or present sales that indicate a sharp increase, or decline, for sales in this price bracket.  Average DOM (days on market) holding very steady after the 1st quarter of 2015.  A balanced market is showing itself at the present time even with the higher DOM.  Sellers are willing to wait as are buyers.  A well priced unit is critical for both buyers and sellers as we head into the 2016/17 ski season. Yard sign - 10-10-14Interest rates are still at all time lows even with latest increase.  Condo prices for a Schweitzer ski resort condo are still an excellent value. Schweitzer Mountain Resort continues to make improvements that will only increase property values of all on the mountain. All information researched from Selkirk MLS and considered reliable but not guaranteed. Condo’s sold outside of Selkirk MLS not included in this Market Report for Condo’s and Townhomes searched between $300,000 to $500,000 at Schweitzer Mountain Ski Resort.  Link to search good for 30 days only.  For daily up to date search information contact me for your personal searches sent directly to your email. Experience the change of pace Living In North Idaho will make.  Contact me for your local North Idaho Real Estate resource.