Rathdrum Idaho Real Estate Housing Market Update July 2018

Rathdrum Idaho July 2018 Home Values Update

59 homes sold this July 2018 compared to 48 homes selling in July 2017.  prices are up almost across the board. See how it breaks out below.

 

Rathdrum Idaho July 2018 New Construction

New construction up tremendously with 19 homes selling this July 2018

19 New Construction homes sold this July 2018.  We had new construction all over the place this month.  With 10 new homes on city lots.  8 of them sold for an average price of $145 per square foot.  These homes were all rancher style or homes with finished basements.  We had 2 homes on city lots sell for an average price of $94 per square foot.  these were large homes over 3000 sq ft that would have had unfinished basements. Most of the new construction this month was in Prairie Sky.

We also had a couple of new construction homes in Wild Ridge Estates that sold on almost 1 acre.  these homes averaged $196 per square foot.

4New construction Homes on 5 Acre lots this month there was one home selling in Double T Estates the other 3 were not in a subdivision.  They sold for an average price of $209 per square foot.

One new Condo in Radiant Lake Condos that sold for an average price per square foot of $192.

And 2 new lakefront Homes on Radiant lake that sold for an average price of $203 per square foot.

July 2017 had 7 homes selling for an average price of $140 per square foot.

Rathdrum Idaho New Construction Homes for sale

 

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

Volume up and prices are up!!

Rathdrum homes on less than an acre for sale

July 2018 we had 9 homes sell that were built between the years 2000 and 2017.  These homes sold for an average price of $187 per square foot and were on the market for an average of 50 days. The average lot size was .29 of an acre.  These homes were in Skyline Meadows, North Ranch at Corbin, prairie Sky, and Boekel Ranch.

 

Homes on existing lots are up a few with 16 homes selling last year for an average price per square foot of $132.   the average days on market were 57 days.

 

Rathdrum Homes on Existing City Lots Built Pre-2000

Rathdrum homes on less than an acre for sale

homes built Pre 2000 in Rathdrum Idaho netted us 11 sales this July 2018.  These 11 homes averaged $140 per square foot and were on the market for an average of 45 days.  The average lot size was .33 of an acre.  these homes were in Quarles, Crenshaw, Deerfield, Sunrise Park and more.

 

Rathdrum Idaho 83858

Rathdrum Idaho Real Estate Housing Market Updates

Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

2 manufactured homes on 1 acre lots sold this month of July.  Both homes were in Sunrise and they averaged $136 per square foot.  The average days on market were 36 days and they were on an average of a 1.17-acre lot.

Compared to 2 homes last year with the existing home coming in at $118 per square foot.  

Rathdrum homes on 2 Acre Lots

We had 2 manufactured homes selling on 2 acre lots this month.  They averaged $237 per square foot and were on an average lot size of 1.91 acres.

Rathdrum’s July 2017 sales included 4 homes selling in this category.  The average price per square foot was $162 and the new construction home being a Wild Ridge Estate home that sold for $189 per square foot.

Rathdrum Homes on 5 Acre Lots

Rathdrum Existing Homes on 5 acre lots.  We had 4 existing home sales this July 2018  These homes averaged $160 per square foot.  They were in Bar Circle S, Elkhorn Ranch and Hidden Valley.  The average days on market were 69 days and the average lot size was 4.85 acres.

July 2017 had 4 homes selling on 5 acre lots.

These 4 homes averaged $173 per square foot.  They were in Bar Circle S Estates.

Rathdrum Homes on 10 Acres

3 Homes selling in this category this July 2018.  These homes sold for an average price of $138 per square foot.  They were on the market for an average of 94 days and the average lot size was 8.22 acres.   2 of those homes this month were in Twin Lake Estates.

No 2017 sales for Rathdrum in this lot size.

 

Rathdrum Waterfront Homes

Rathdrum Idaho Lake Front Homes for sale

2 Waterfront Homes selling this July 2018 on Twin Lakes.  They sold for an average price of $230 per square foot and were on the market for an average of 109 days.

Twin Lakes:  2017 had 2 homes selling for an average price of $186 per square foot that included a high of $215 and a low of $176.

 

Rathdrum 55+ Community in Golden Spike

July 2017 Golden Spike had 3 homes sell this month.  They sold for an average price of $124 per square foot.  And they averaged 75 days on market.

 

July 2017 had 4 Golden Spike homes selling  They averaged $126 per square foot.

 

 

Rathdrum Condos

Rathdrum Condos for sale

3 Condos total for July 2018.   One of them was a new construction so see its results above.  The other 2 condos one in Radiant Lake and one in Twin lakes Village sold for an average price per square foot of $129.  They were on the market for an average of 101 days.

Rathdrum Manufactured Homes on Leased Land

Rathdrum Under 100K for sale

One manufactured home sold this July 2018.  It was in Willow Creek and sold for $37 per square foot.

 

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

Do you have a Rathdrum Home to sell?

Request your free Home Valuation here!  Be sure to ask about our home selling guarantees.

Rathdrum Homes for Sale

Social tagging: > > > > > > > > > > > > > > > > > > > > > > > >

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.