Spirit Lake May 2019 Market Update

Spirit Lake Idaho 83869  May 2019 Housing Market Update

10 Home sales in Spirit Lake for the month of May.  Down 1 from 11 home sales in May 2018 and down from the 12 homes sold in May 2017.

Spirit Lake New Construction

No 2019 New Construction sales in May 2019 that were on a city lot.  We do have 1 that is on 5 acres it’s in the 5-acre section.  

May 2018 had 1 home selling for $153 per sqft and May 2017 had 3 new construction homes selling for an average price per sqft of $141.  

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

6 homes selling on city lots in Spirit Lake in May 2019.

They sold for an average price per sqft of $151 with an average of 57 days on the market.  The average lot size was .35 and these homes sold for 101.8% of original list price. 

Th high seller was a Spirit Lake community home selling for $241 per sqft and the low seller was a Spirit Shores home selling for $121 per sqft.

May 2018 had 2 homes on city lots selling for $121 per sqft with an average of 45 days on the market.  The average lot size was  .2o acres.  May 2017 had 4 homes selling for an average price per sqft of $101 with an average of 66 days on the market.

Spirit lake Homes less than 1 Acre

Spirit Lake Homes on Acreage

Spirit Lake Homes on Acreage for sale

Spirit Lake homes on 1 Acre

2 Homes selling on 1 acre lots selling for an average price per sqft of $201 with an average of 88 days on market.  These homes sold for 96% of the original list price.

May 2018 had no home sales on 1 acre lots and May 2017 had 1 home selling for $162 per sqft. 

Spirit Lake Homes on 5 Acres

One home on a 5-acre lot was the only new construction home sold this month.  It was a Daum Construction build selling for $183 per sqft and was on 5.21 acres.

May 2018 had 2 homes on 5-acre parcels selling for $139 per sqft with 59 days on market.  No May 2017 sales.  

Spirit Lake homes on 10 Acres

One home on a 10-acre lot selling for an average price per sqft of $107 with 30 days on market and sold for 91 % of original list price.

May 2018 had 5 homes on 10 acre lots selling for an average price per sqft of $178 with an average of 69 days on market.  May 2017 had 2 homes selling for an average price per sqft of $138 with an average of 75 days on the market.  

 

Spirit Lake Waterfront Homes

No May 2019 Sales.  

May 2018 had no sales.  May 2017 had 1 home selling for an average price per sqft of $187.  

Spirit Lake Waterfront Properties for sale

 

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Curious about previous Market Reports?

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Spirit Lake Homes for Sale

 

 

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