Spirit Lake Real Estate Update April 2019

Spirit Lake Idaho 83869  April 2019 Housing Market Update

13 Homes sold in April 2019 in Spirit Lake Idaho.  Similar in number to the 12 homes sold in April 2018 and the 9 homes sold in April 2017.  With barely 3 months worth of inventory available We currently have 34 homes for sale in Spirit Lake down from the 42 we had available last April 2018.

With Existing Home prices up tremendously on homes on city lots, it is still very much a Seller’s market in Spirit Lake!

 

Spirit Lake New Construction

One New construction home in Spirit Lake in April 2019.  It was in Quail Ridge on 5 acres on the Bonner County side of Spirit Lake.  It sold for an average price per sqft of $266. The home was built by Daum Construction.

April 2018 had 3 new construction homes selling 2 on city lots selling for $158 per sqft and one home on acreage selling for $211 per sqft.  2017 had 5 new construction homes selling one on a city lot selling for $144 per sqft, 3 homes on 1 acre lots selling for $134 per sqft and one on 5 acres selling for $182 per sqft.  

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

Spirit Lake Existing Homes prices are up $59 per sqft for April 2019 over April 2018!

7 existing home sales on city lots in the Month of April for Spirit Lake.  They sold for an average price per sqft of $180 with an average of 45 days on the market. 

Your high seller this month was a Northwoods Add to Spirit Lake selling for $191 per sqft and your low seller was home not in a community selling for $143 per sqft.

Not included in this average as it skews the numbers is home number 7 it was a manufactured home selling for an average price per sqft of $54 with 237 days on market.  It sold for 76% of the original list price. 

The existing homes otherwise sold very good in Spirit Lake this month with most of them selling for 100% of list price we only had one home selling for 86% and that was a Spirit Lake 1st home built in 1908.

April 2018 homes on city lots we had 4 homes selling for an average price per sqft of $121 with an average of 65 days on market.  April 2017 had 2 homes selling for $117 per sqft with an average of 57 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 existing homes on 1 acre lots.  They sold for an average price per sqft of $107 with an average of 123 days on the market.

Your high seller was a Spirit Lake 1st home selling for $154 per sqft and your low seller was not in a community selling for $62 per sqft.

These 2 homes sold for 97% and 90% of original list price respectively.

April 2018 had 2 homes selling for an average price per sqft of $136 with an average of 123 days on the market.  

Spirit Lake Homes on 5 Acres

2 existing home sales on 5 acre lots. They sold for an average price per sqft of $127 with an average of  119 days on the market.

Neither of these was in a community.  The stick built home sold for 100% of original list price and the manufactured home which was the high seller as price per sqft goes of the 2 sold for 92% of its original list price.

One home on a 5-acre lot selling for $146 per sqft with 316 days on market. 

Spirit Lake homes on 10 Acres

One existing home selling on over 10 acres this April 2019.  It was a Spirit Lake East home selling for an average price per sqft of $431 with an average of 17 days on market.  It sold for 101% of original list price.  it was on 12.28 acres.

2 home sales in April 2018 selling for an average price per sqft of $225 with 105 days on market.  This home was in Spirit Lake East and was on 11.66 acres.   April 2017 had 2 homes selling for an average price per sqft of $163 with 370 days on market.  

Spirit Lake Waterfront Homes

No 2019 Sales.  

No 2018 Sales.

Spirit Lake Waterfront Properties for sale

 

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Spirit Lake Homes for Sale

 

 

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