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Kootenai County Market Report – September 2022

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September 2022


In September 2022, Kootenai County home prices were up 2.9% compared to last year, selling for a median price of $524,900. On average, homes in Kootenai County sell after 81 days on the market, up 5.2% from last year in September. There were 317 homes sold in September this year, down from 415 last year. Average Sales Price

Current Listing Inventory

Average Days On Market

$682,331

1,187

81

Down 11.7%

Up 60.8%

Up 5.2%

Median Sales Price

Closed Sales

Annual Residential Sales

$524,900

317

2,774

Up 2.9%

Down 23.6%

Down 20.9%

Average Days On Market 12-month comparison, highlighting current month.

100

95

90 81

80 80

75

74

72

70

71 66

63

60

59

57

Apr '22

May '22

June '22

60 50 Oct '21

Nov '21

De c '21

Jan '22

Feb '22

Mar '22

July '22

Aug '22

Sep '22

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, September 29, 2022.

6.70%

7.00% 6.25%

5.70% 5.10%

5.50%

5.30%

5.66%

4.67%

4.75% 4.00% 3.25%

5.10%

3.55% 3.01%

3.14%

3.10%

3.11%

Sep '21

Oct '21

Nov '21

De c '21

3.89%

2.50%

2

Kootenai County Market Report | September 2022

Jan '22

Feb '22

Mar '22

Apr '22

May '22 June '22 July '22

Aug '22

Sep '22


Active Residential Listings As of 9/15/2022, month/year comparison. 1400 1204

1234

July '22

Aug '22

1187

1200 936

1000 800

684

681 511

503

600

415

382

329

323

Jan '22

Feb '22

400 200 Oct '21

Nov '21

De c '21

Mar '22

Apr '22

May '22

June '22

Sep '22

Active Listings By Price Range Year-over-year comparison as of 9/15/2022.

300

2021

286

2022

$800K-$1M 14%

247

250 200

$150-200K 1% $250K-300K 1%

163 172

146

134

150

101 75

100

72

12 14

7

8

7 15

$300K-$350K 1%

$600K-$800K 21%

48

27 27

50

172

163

$1M+0-$150K 24% 2%

12 17

200K-$250K 1%

+ $1 M

0$1 50 K

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 $500K-$600K 15%

$400K-$500K 14%

$350K-$400K 6%

Sold Listings By Price Range Year-over-year comparison for the month of September.

2021

120

2022

114

90

$600K-$800K 18% 71

60

44

30

10 13

4

6

4

4

11 9

0-$150K 4% $150-200K 2%

79 67 52

35

$800K-$1M $1M+ 7% 13%

57 43 42 27

12 7

200K-$250K 1%

$500K-$600K 17%

21

$250K-300K 3%

+

$300K-$350K 2%

$1 M

0$1 50 K

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 $400K-$500K 22%

$350K-$400K 11%

Kootenai County Market Report | September 2022

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