Spirit Lake Real Estate April 2020

Spirit Lake Idaho April 2020 Housing Market Update

16 Homes sold in Spirit Lake Idaho during April 2020. The volume of home sales is up by three houses compared to April 2019 which had 13 home sales.

April 2018 had 12 home sales and April 2017 had 9 home sales.

During the Covid-19 pandemic, we will be providing the inventory of homes on the market in each category that you can see how the real estate market is doing.

Spirit Lake New Construction

The volume of new construction home sales has increased by two homes and the average sales price has decreased by $68 per sqft. compared to April 2019. There are currently 9 new construction homes on the market, so about 3 months of inventory.

3 New construction homes on city lots sold in Spirit Lake for an average of $198 per sqft. during April 2020. The average lot size was 0.23 acres.

These homes sold for an average of 102% of the listed price. The high seller of the group sold for an average of $208 per sqft. The low seller of the group sold for an average of $191 per sqft.

April 2019 had one new construction home sell for an average of $266 per sqft.

April 2018 had 3 new construction homes sell for an average of $175 per sqft. April 2017 had 5 new construction homes sell for an average of $144 per sqft.

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

The volume of home sales in this group has remained the same and the average sales price has increased by $18 per sqft. compared to April 2019. There are currently 13 homes on the market in this group, so almost 2 months of inventory.

7 Existing homes on city lots sold in Spirit Lake Idaho during April 2020 for an average of $198 per sqft. The average time on the market was 48 days. The average lot size was 0.36 acres.

These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $254 per sqft. The low seller of the group sold for an average of $127 per sqft.

April 2019 had 7 existing homes on city lots that sold for an average of $180 per sqft. and the average time on the market was 45 days.

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 an average of $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

The volume of home sales in this group has declined by one home and the average sales price has increased by $13 per sqft. compared to April 2019. There’s currently one home on the market in this group.

1 Home sold in the 1-acre group in Spirit Lake Idaho during April 2020 for an average of $220 per sqft. The average time on the market was 41 days. This home sold for an average of 91% of the listed price.

April 2019 had 2 homes sell for an average price per sqft of $107 with an average of 123 days on the market.

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

The volume of home sales with 5 acres has increased by one home compared to April 2019. The average sales price for existing homes in this group has increased by $35 per sqft. compared to last April. There are currently 6 homes on the market in this group, almost 2 months of inventory.

3 Homes sold in the 5-acre category in Spirit Lake Idaho during April 2020.

New Construction on 5-Acres

One new construction home sold for an average of $249 per sqft. The average size of the lot was 5.2 acres. This home sold for an average of 106% of the listed price.  

Existing Homes on 5-Acres

2 Existing homes sold for an average of $162 per sqft. and the average time on the market was 116 days. The average lot size was 5.12 acres.

These homes sold for an average of 83% of the listed price. The high seller of the group sold for an average of $183 per sqft. The low seller of the group sold for an average of $141 per sqft.

April 2019 had 2 existing home sales with 5-acre lots sell for an average of $127 per sqft. and the average time on the market was 119 days.

April 2018 had 1 home sell for an average of $146 per sqft. and the average time on the market was 316 days.

Spirit Lake homes on 10 Acres

The volume of home sales in this group has increased by one home and the average sales price has decreased by $276 per sqft. compared to April 2019. There are currently 9 homes on the market in this group.

2 Homes sold in the 10-acre category in Spirit Lake Idaho during April 2020 for an average of $155 per sqft. and the average time on the market was 102 days. The average lot size was 9.7 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $201 per sqft. The low seller of the group sold for an average of $110 per sqft.

April 2019 had one home sell in this group for an average of $431 per sqft. and the average time on the market was 17 days.

2 home sales in April 2018 selling for an average price per sqft of $225 with 105 days on the market. April 2017 had 2 homes selling for an average price per sqft of $163 with an average of 370 days on the market.  

Spirit Lake Waterfront Homes

No waterfront home sales during April 2020. There is currently one home on the market in this group.

No 2019 Sales.  

No 2018 Sales.

Spirit Lake Waterfront Properties for sale

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