Spirit lake Idaho Real Estate Update September 2018

Spirit Lake Idaho 83869 September 2018 Housing Market Update

18 Homes sold in Spirit Lake in the month of September 2018 holding steady from 2017 with 18 homes in September 2017 and 19 homes in September 2016. There is currently 44 homes listed for sale in Spirit Lake Idaho or barely 2 months worth of inventory.

 

Spirit Lake New Construction

With 4 new construction homes sold this September holding steady from last year.   We have 2 in Ossewarde Addition built by Daum that sold for an average price per sqft of $178.  the average lot size is .16 acres.  The other 2 homes were built by Creative Custom Homes with one selling for an average price per sqft of $172 and the other selling for an average price of $257.  The average lot size on those 2 homes was .52 acres and they were in Blackwell Addn.

2017 new Construction had 4 homes sell as well.  Selling for an average price per square foot of $134.  2016 also had 4 New Construction homes selling for $133 per square foot.  

 

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

9 Existing Homes in Spirit Lake sold this September.  They sold for an average price per sqft of $126 and were on the market for an average of 57 days.  The average lot size was .37 of an acre.  These homes were in the subdivision “Spirit Lake” and Spirit Lake Village.

We had a huge range in these 9 houses to come up with the average.  We had a couple as high as $185 per square foot and a couple that was as low as $91 per square foot.  I’m going to suggest that if it’s in good condition count on the higher price and if its needing work it will be priced at the lower end.

September 2017 had 6 homes selling for an average price per square foot of $113.  Average days on market were 64 days.  September 2016 had  9 homes sell for an average price of $117 per square foot.  

Spirit lake Homes less than 1 Acre
Spirit Lake Idaho

Spirit Lake Idaho September Home Values

Spirit Lake Homes on Acreage

Spirit Lake Homes on Acreage for sale

Spirit Lake homes on 1 Acre

One home on a One-acre lot in “Spirit Lake” Subdivision selling for an average price per sqft of $136.  The average days on market were 56 days and the lot size was 1.08 acres.

2017 September had 4 homes sell.  They were on an average lot size of .98 acre and sold for an average price per sqft of $153.  Average days on market was 56 days.  

Spirit Lake Homes on 5 Acres

2 Homes on 5 acre lots.  One a 2017 build that sold for an average price per square foot of $235 and the other one that was a manufactured home that sold for $147 per square foot.  The average days on market were 113 days.

September 2017 had 2 homes sell on an average of 5.05 acres selling for an average price per sqft of $171.  No 2016 Sales.

Spirit Lake homes on 10 Acres

No homes on 10 acre lots this September.

September 2017 had 1 home sell on 10 acres it sold for an average price per sqft of $136.  1 Home sold in 2016 September and it went for an average price per sqft of $126.

Spirit Lake Homes on Lots over 10 Acres

One home on a 20-acre lot selling in Quail Ridge ( Bonner County).  It sold for $227 per square foot and was on the market for 87 days.

Spirit Lake Waterfront Homes

One Waterfront Home this September for Spirit Lake.  The home was in Tesemini Outing Club and was on the market for 158 days.  Selling for an average price per square foot of $137.

We had one home also in September 2017.  It was a cabin on .75 of an acre selling for $649 per sqft.  2016 had 2 waterfront homes sell they were on an average lot size of .89 acres and sold for an average price of $220 per sqft. 

Spirit Lake Waterfront Properties for sale

 

Considering Selling Your Spirit Lake Home?

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Curious about previous Market Reports?

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Spirit Lake Homes for Sale

 

 

 

 

 

 

 

 

 

 

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