Rathdrum Real Estate December 2018

Rathdrum Idaho December 2018 Home Values Update

rathdrum housing market

37 homes sold in Rathdrum during December 2018 down a couple from the 39 homes that sold in December 2017  and way up from the 23 homes that sold in December 2016.

There is currently 92 homes for sale in Rathdrum or roughly 2 1/2 months worth of inventory.  Still very much a sellers market.

 

Rathdrum Idaho New Construction

16 new homes sold this December.  The homes on acreage will be in the acreage section and the 1 waterfront new construction will be in Waterfront.

12 new construction homes on city lots sold December 2018. They sold for an average price per sqft of $152.  The average lot size was.23 acres. 

The homes sold were in Prairie Sky, Timber Landings Estates, Boekel Ranch, and Radiant Lake.  The high seller this month was a build in Corbin Estates built by Hayden Homes the low seller was a Timber Landings Estates home built by Viking Construction.

December 2017 had 10 new construction homes selling for $142 per sqft on average.

Rathdrum Idaho New Construction Homes for sale

 

 

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

7 existing homes built 2000 or newer sold in December 2018.  They sold for an average price per sqft of $172 with average days on market of 62 days.  The average lot size was .24 acres. 

Homes in this age group were Skyline Meadows, Boekel Ranch, and Radiant Lake.

Rathdrum homes on less than an acre for sale

 

Rathdrum Homes on Existing City Lots Built Pre-2000

8 existing homes sold during December 2018 that were built prior to the year 2000.  They sold for an average price per sqft of $160 and were on the market for an average of 59 days.  The average lot size was .24 acres. 

Homes in this age group were from Genesis gardens, Deerfield, Prairie Estates, Roth and more.

Rathdrum homes on less than an acre for sale

Rathdrum sales in December 2017

December 2017 had 14 homes selling for an average price per sqft with 78 days on market. December 2016 had 5 homes selling for an average price per sqft of $106 with 135 days on market. 

 

Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

One home on 2.76 acres selling this December.  The Home was in Hoyt Ranch.  Selling for an average price per sqft of $184.  It was on the market for 48 days.

No 2017 or 16 sales

Rathdrum Homes on 5 Acre Lots

4 Existing homes on 5 acre lots sold this December 2018.  They sold for an average price per sqft of $163 with average days on market of 92 days.

These homes sold for 88% of there original list price and 94% of there adjusted list price. 

Your high seller in this group was home not in a community selling for $252 per sqft and the low seller was a Hidden Valley home selling for $107 per sqft.

 

3 New Construction homes on 5 acre lots sold this December 2018.  One home in Double T Estates built by Avondale Construction selling for $303 per sqft.  The other 2 homes were built by Timbered Ridge selling for an average price per sqft of $201 per sqft.

December 2017 had 5 homes selling for an average of $174 per sqft, 115 days on market.  December 2016 had 7 homes selling at an average price per sqft of $166 with 117 days on market. 

 

Rathdrum Homes on 10 Acres

No 2018 sales.

December 2017 had 3 homes selling for $165 per sqft on average with 275 days on market.  No 2016 sales.  

Rathdrum Waterfront Homes

One Waterfront property this December 2018. It was a new Construction home selling for an average price per sqft of $236.  The home was on Radiant Lake built by Monogram Homes.  Lot size was .23 acres.

No 2017 or 2016 waterfront sales.  

Rathdrum Idaho Lake Front Homes for sale

 

Rathdrum 55+ Community in Golden Spike

One Golden Spike home this December selling for an average price per sqft of $142 with 111 days on market.

December 2017 had 1 home selling for $108 per sqft with 74 days on market.  December 2016 sold 3 homes selling for $111 per sqft.  

 

Rathdrum Condos

No 2018 December sales

December 2017 sold 4 condos selling for $90 per sqft with 87 days on market.  

Rathdrum Condos for sale

 

Rathdrum Manufactured Homes on Leased Land

No December 2018 Sales

Rathdrum Under 100K for sale

 

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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Rathdrum Homes for Sale

 

 

 

 

 

 

 

 

 

 

 

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