Spirit Lake Real Estate December 2018

Spirit Lake Idaho 83869 Real Estate Market Update

Spirit Lake housing market

12 homes sold during December 2018.  Down slightly from 19 in December 2017.  There are currently 25 homes for sale in Spirit Lake or 2 months worth of inventory. 

Very much a seller’s market in Spirit Lake right now.

Spirit Lake existing home sales prices down slightly.  New construction prices up volume way down due to the moratorium still in place.  Homes on land prices still way up the only slow down you are seeing there is the days on market is getting a little longer.

 

Spirit Lake New Construction

3 New construction homes sold during December 2018.  All built by Daum Construction.  These homes sold for an average price per sqft of $179 and were on the average lot size of .37 acres. 

One of these was in Ossewarde Add the other 2 were not in communities.

You had 10 new construction homes selling in 2017.  They sold for an average price per sqft of $152.  December 2016 had 5 new construction selling for $128 per sqft.  

 

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

6 existing homes sold in Spirit Lake during December 2018.  They sold for an average price per sqft of $95 and were on the market for an average of 76 days.  The average lot size was .31 acres.

These homes this month were in Spirit Shores, Spirit Lake, and Lakeview.  The high seller this month was in Spirit shores at $133 per sqft and the low seller this month was not in a community selling at $70 per sqft.

6 homes sold in December 2017 selling for an average price per sqft of $111 with average days on market of 128 days.  No existing home sales in 2016.  

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

One home on 2.26 acres this December.  It was a manufactured home in Wild Meadows selling for an average price per sqft of $142.  It was on the market for 57 days.

No 2017 or 16 homes to compare to.  

Spirit Lake Homes on 5 Acres

One home on 3.46 acres stick built home selling for an average price per sqft of $215.  It was on the market for 169 days

One home sold in December 2017 selling for an average price of $129 per sqft.  It was on the market for 83 days.  No 2016 sales.  

Spirit Lake homes on 10 Acres

One home on 10.4 acres selling.  It was in Spirit Lake East.  It sold for an average price per sqft of $196 and was on the market for 115 days.

December 2017 had 2 homes selling for an average price per sqft of $114 with an average of 60 days on market.  December 2016 had 2 homes selling for $176 per sqft with an average of 154 days on market.  

Spirit Lake Waterfront Homes

No 2018 Sales.

One 2017 waterfront home selling for $127 per sqft.  51 days on market.  No December 2016 to compare.  

Spirit Lake Waterfront Properties for sale

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Spirit Lake Homes for Sale

 

 

 

 

 

 

 

 

 

 

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