Athol Idaho August 2017 market Report
19 new and existing homes were closed for August 2017 compared to only 15 for August 2016. Volume is up by 5 units! See how that breaks down by price per square foot and average days on market:
4 New Constructions Sold
It’s a good month for both Timbered Ridge and Daum Construction as they sold 2 new properties each for August 2017 and none for 2016. Both New Construction on 5 acre lots selling for $174.76 per sq ft!
Existing Home on City Lots – 2 Homes Sold!
2 existing properties at Pinetree Ranch were sold for $154.07 per sqft. These 2 homes averaged 0.25 acres and were on the market for a little over a month!
Homes on 1-2 Acre Lots
We had 1 home on 1.91 acres sold for $194.32 per square ft. and was on the market for only 58 days. Homes are selling fast! For August 2016, 2 existing homes averaging 1.41 acres sold for $196.67 per square foot average days on market was 3 months!
Home on 5 Acres Lots
With less than 90 days on market, 8 existing homes on 5 acres were sold for an average sales price of $186.15 per acre! Compared to August 2016, these properties sold for only $118.51 per square foot and had 117 days on market! Prices up almost $60 per square foot over last year.
Homes on 10 Acre Lots
2 Homes on 10 Acre Lots Sold for $172.58 per square foot. There were no sales of 10 acre lots in 2016. Average days on market were.