Coeur d Alene Idaho 83814, 83815 Home Values Update May 2018

Coeur d Alene Idaho Market Report for May 2018

Coeur d Alene Volume down by 14 homes this May 2018 compared to last May.  We sold 154 Homes in May 2017 compared to 140 homes in May 2018.  The total volume of home sales for 2017 was $53,634,475 compared to $43,946,425 in May of 2018 or down in total volume $9,688,050 to break it down a little further for you.  523 active homes on the market of which 182 are pending.  We are still running in a seller’s market!  If you are thinking of selling now is the time.

 

Coeur d Alene New Construction

New construction volume held close to steady with 21 new homes selling this May 2018.  Homes sold included homes in Coeur d Alene Place, The Trails, Anthem at Lake Forest, Orchard Lands and Alpine Point.  The average price per square foot for the new homes this month came in at $148 per square foot.

23 New construction homes sold in May 2017.  Most of those homes were in The Trails and Coeur d Alene Place.  The average price per square foot was $155 and the average lot size was .17 acres.

Rathdrum Idaho New Construction Homes for Sale

Coeur d Alene Homes built from 2000 to 2017

41 Homes in this age group sold this May 2018.  These homes average $164 per square foot. Prices up substantially from last year.  The average lot size was .20 acres, average days on market were 61 days and the average price per square foot was $164.  Homes selling this month included homes in Sunshine Meadows, Coeur d Alene Place, Trinity, Lake Forest, Hawks Nest, The landings at Waterford and more.

37 Existing Homes selling in Coeur d A41lene that were built between 2000 and 2016 selling in May 2017.  These homes sold for $140 per square foot on average and were on the market for an average of 67 days.  the average lot size was .20 acres.

Coeur d Alene Homes Built 2000-2017

Coeur d Alene Homes built from 1980’s to 1999

18 Homes sold in May 2018 that were built between 1980 to 1999. These homes averaged  $165 per square foot and were on the market for 50 days on average.  The average lot size was .21 acres.  Homes in this age group included homes in Forest Heights, Whispering Pines, Park Terrace, North Shire and more.

2017 had 19 homes selling in May of this age group.  They averaged $143 per square foot and were on the market an average of 81 days.  The average lot size for these lots was also .20 acres this month.

Coeur d Alene Homes Built 1980-1999 For Sale

Coeur d Alene Homes built from 1940 to 1979

22 Homes sold in May 2018 that were built between 1940 and 1979.  these homes sold for an average price per square foot of $123Up, about $9 per square foot from last year. The average days on market are a little longer at 69 days and the average lot size is .23 acres.  Homes in this age group came from areas such as Canfield Vista, Green Ferry, Simms, Northshire, Costellos, Browns,  Sherman Addition to Coeur d Alene and more.

18 Homes sold in May 2017 in this age group.  They sold for an average price of $114 per square foot and were on the market for an average of 46 days.  the average lot size of this age homes was .23 acres.

Coeur d Alene Homes Built 1940-1979 for sale
Coeur d Alene Idaho Home Values

Average price per square foot in Coeur d Alene Idaho

Coeur d Alene  Idaho Homes built Pre 1939

Coeur d Alene Homes built Pre 1939 are down slightly with 10 homes selling.  These homes this year are up tremendously from may 2017 with the average price per square foot coming in at $184.  The average days on market are similar with this year coming in at 59 days.  And the average lot size is .14 acres. Homes in this age group include homes in Simms, Taylors Addition to Coeur d Alene, Forest Heights, Blackwell and more.

2017 May had 12 Homes built pre 1939 sell.  The oldest home this month was a 1905 home.  These homes sold for an average price of $153 per square foot and were on the market for an average of 61 days.  Average lot size was .15 acres.

Coeur d Alene Homes for Sale built pre 1939 for sale

 

Homes on Acreage in Coeur d Alene Idaho

The volume for homes on Acreage is down this month over last year.

Coeur d Alene Idaho Homes for Sale on Acreage

Homes on 1/2 to 1 Acre lots

2018 had 8 homes on less than an acre sell this May.  One home that was a secondary lot in Lakeshore that sold for $389 per square foot.  Was on a .5 acre lot and was on the market for 124 days.  The other 7 homes averaged $143 per square foot were on the market for an average of 55 days and the average lot size was .71 acres.

2017 had 6 homes selling on larger than regular city lots.  2 Homes in Hayden View that were on an average of .68 acres that sold for an average price of $116 per square foot 37 DOM ( Days on Market).  2 Homes in Best hills Ranch that sold for an average price per square foot of $182  167 DOM.  And 1 home in Indian Meadows that went for $142 per square foot, on .82 of an acre and spent 39 DOM.  And one home in Creekside Meadows that went for $64 per square foot, 99 DOM, and .63 acres.

Homes on 1 Acre Lots

2018 had one home on an acre lot sell.  That home was at Ridge at Cougar bay it was on the market for 40 days and sold for $261 per square foot. 

2017 had 7 Homes on 1 acre lots sell.  Prices are again all over the board.

  1.  One home in Black Rock that sold for $333 per square foot.  It spent 45 DOM and was on .96 acres.  This was a very large home at 6705 sq ft.
  2.   One home in Syringa Heights that was on 1.49 acres spent 37 DOM and sold for $183 per square foot.
  3.  One home in Blackstone Estates that was on a .89 acre lot.  91 DOM and sold for $167 per square foot.
  4.   One home in Gardendale that spent 118 DOM was on a .91 acre lot and sold for $95 per square foot.
  5.   3 Homes that were not in any subdivision.
    1. one on 1.03 acres that sold for $125 per square foot  38 DOM
    2. One on 1.26 acres that sold for $140 per square foot 46 DOM
    3. One on 1.37 acres a 1956 build that sold for $66 per square foot.  99 DOM.  This was a very large home 4895 sq ft.

Homes on 2-4 Acre Lots

May 2018 had 1 home on 2.4 acres sell it was in Powers and it sold for $151 per square foot and was on the market for 110 days.

2017 had 2 Homes selling on 2-4 acres.  One Secondary home in Harbor View that was on 1.9 acres it sold for $189 per square foot.  98 DOM.  The other home was a River Ridge Terrace property 4117 per square foot home was built in 1983 and it sat on 3.82 acres.

 

Homes on 4-5 Acre Lots

Coeur d Alene Homes on 4-5 acre lots had 4 homes sell this May 2018.  They averaged $156 per square foot with average days on market of 56 days.  The average lot size was 4.34 acres.

May 2017 had 3 homes on 4-5 Acre lots sell.  None in Subdivisions they sold in the low to mid $300k range.  With one 4.77 acre lot coming in at $91 per sq ft with 62 DOM, One coming in at $113 per sq ft it was on 5.02 acres and spent 56 DOM the other home was on a 5 acre lot and sold for $119 per square foot and was on the market for 44 days.

Homes on 6-10 Acre Lots

No Home sales this May 2018.

May 2017 had 4 homes selling on 6-10 acre lots.  One in Kroetch Estates that was on 7.53 acres that sold for $195 per sq ft.  One in Hayden View that was on 10.24 acres that went for $112 per sq. ft this was a big house at 5789 sq ft.  and 2 that were not in subdivisions.  One on 10.29 acres that went for $144 per sq ft. and one on 10.06 acres that went for $253 per sq ft.

Homes on 10-15 Acre Lots

No 2018 Sales on acreage this size in may.

No 2017 Sales on acreage this size in May.

Homes on more than 15 Acres

No May Sales for 2018.

2017 had 2 large properties sell.  One that was on 21.81 acres that sold for $332 per square foot.  it was on the market for 20 days.  And one home that was on 50 acres that sold for $137 per square foot.  It was on the market for 32 days.

Waterfront Homes in Coeur d Alene

2018 Waterfront Homes in Coeur d Alene Idaho

May 2018 had 1 waterfront Property sell.  It was in Lakeshore on .59 of an acre and sold for $291 per square foot.  it was sold at the time of listing days on market is 1.

2017 Waterfront Homes in Coeur d Alene Idaho

2017 May had 4 Waterfront Properties sell.  2 Condos and 2 actual lakefront homes.  The 2 lakefront homes average $335 per square foot this month and were on the market for an average of 383 days.  One of those was on .51 acres and the other home was on 1.26 acres.  The 2 Condos One was at Riverfront House Con on the Spokane River and that condo sold for $287 per square foot.  It was on the market for 56 days.  The other condo was at The Terraces at Lk Coeur d Alene.  That condo sold for $490 per square foot.  it was a large condo at 5204 sq ft.

Coeur d Alene Idaho Waterfront Properties for Sale

Condo Sales in Coeur d Alene Idaho

May 2018 Condos numbers were up slightly with 8 condos selling this month.  One in Trails Edge that sold for $354 per square foot.  The other 7 condos sold for an average price of $148 per square foot.  They were located in Whispering Pines, Shadowwood, and Northwest Village.  The average days on market were 96 days.

May 2017 Condo Sales in Coeur d Alene Idaho amounted to 6 Condos.  One in McEuen Condos that sold for $377 per square foot.  It was on the market for 49 days. and One in Village at Riverstone that sold for $200 per square foot.  It was on the market for 74 days.  The other 4 Condos average $149 per sq ft and were on the market for an average of 89 days.  These included Condos at Mill River, Village Condos, and Pheasant Run Condos.

Coeur d Alene Idaho Condos For Sale

 

Coeur d Alene Town Homes

May 2018 had 1 Town Home sell.  It was in Lake Forest Townhouses and it sold for $140 per square foot.  It was on the market for 56 days.

May 2017 had 2 townhomes selling.  One in Katerine Estates for $89 per square foot and the other home in Garden Terraces that sold for $201 per square foot.  DOM were 37 and 105 respectively.

Manufactured Homes on Leased Lots in Coeur d Alene

Volume was down for Manufactured homes that sold on Leased lots but the prices are up!  The average price per square foot is $74 this May 2018.  Average days on Market were 46 days.  These homes were in Coeur d Alene Village and Oakcrest this month.

Manufactured homes on leased lots for May 2017 had 7 homes sell.  These homes averaged $42 per square foot and were on the market an average of 44 days.  Homes were mostly in Oakcrest with one in Coeur d Alene Village.

Coeur d Alene Idaho Manufactured Homes for Sale

Want to Track Market Trends?

Check out the previous Coeur d Alene Idaho Monthly Reports

 

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