Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

Call or text
 

Mon - Fri: 9:00 - 5pm

Weekends by appointment Book your apt Here

Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id 83815

1-208-719-9010

Call or text

Mon - Fri: 9:00 - 5pm

Weekends by appointment
Book your apt Here

Last updated on January 16th, 2023 at 05:59 pm

Real Estate News

Spirit Lake Idaho Real Estate News August 2022

Spirit Lake Housing Market Trends August 2022

Spirit Lake Housing Market Trends

Real Estate Trends Spirit Lake Idaho

The housing market in Spirit Lake saw 17 homes sold in the month of August 2022. The volume of home sales has decreased by 6 houses compared to August 2021 which had 23 home sales.

August 2020 had 24 home sales. August 2019 had 19 home sales. August 2018 had 17 home sales and August 2017 had 21 home sales.

New Construction Homes on City Lots

2 New construction homes on city lots sold in Spirit Lake in the month of August 2022. The average sales price was $337 per SqFt. The average lot size was 0.16 acres.

These homes sold for an average of 98% of the listed price. The high seller of the group sold for an average of $356 per SqFt and was from the Lakeview Spirit Lake subdivision. The low seller of the group sold for an average of $317 per SqFt and was from the Spirit Lake subdivision.

No new construction home sales on less than an acre in the month of August 2021.

6 New construction homes sold in August 2020 for an average of $225 per sqft. The average lot size was 0.3 acres. No August 2019 new construction home sales. 4 New construction homes were sold in August 2018 in Spirit Lake for an average price per square foot of $164. August 2017 had 8 new Construction homes sell for an average price per square foot of $140.

Spirit Lake New Construction for Sale

Spirit Lake New Construction for Sale

Existing Homes on City lots

Spirit Lake Idaho Homes for Sale

The volume of home sales in this group has increased by 3 homes and the average sales price has increased by $48 per SqFt compared to August 2021.

9 Existing homes on city lots sold in Spirit Lake in August 2022 for an average of $299 per SqFt. The average time on the market was 63 days. The average lot size was 0.24 acres.

These homes sold for an average of 95% of the original listed price. The high seller of the group sold for an average of $360 per SqFt and was from the Ossewarde Addition subdivision. The low seller of the group sold for an average of $251 per SqFt and was from the Spirit Lake Village subdivision.

6 Existing homes on city lots sold in Spirit Lake, Idaho during August 2021 for an average of $251 per sqft. The average time on the market was 35 days. 

12 Homes on city lots sold in August 2020 for an average of $185 per sqft. The average time on the market was 63 days. 11 Homes built on city lots were sold in August 2019 for an average of $167 per sqft. August 2018 had 7 homes sell for an average of $164 per sqft. and the average time on the market was 136 days. August 2017 had 5 homes sell for an average of $121 per sqft. and the average time on the market was 143 days.

Spirit Lake Homes on Less than 1 Acre for Sale

Spirit Lake Homes on Acreage

Homes on 1 Acre

No Spirit Lake home sales on 1 acre in August 2022.

No home sales in the 1-acre group during August 2021.

No 1-acre home sales during August 2020. August 2019 had 1 home sell for an average of $168 per sqft and spent an average of 49 days on the market. One home sold in the month of August 2018 for an average price per square foot of $215.  The average days on market were 49 days. August 2017 had one home sale and it sold for an average price of $93 per square foot.

New Construction on 5 Acres

New Construction real estate for sale

The volume of new homes on 5 acres has decreased by one home and the average sales price has increased by $150 per SqFt compared to August 2021 sales.

2 New construction homes on 5 acres sold in Spirit Lake in August 2022 for an average of $531 per SqFt. The average lot size was 5 acres.

These homes sold for an average of 106% of the listed price. The high seller of the group sold for an average of $579 per SqFt. The low seller of the group sold for an average of $484 per SqFt and was from the Quail Ridge subdivision.

3 New construction homes sold in August 2021 for an average of $381 per sqft. The average lot size was 5.04 acres. 

Existing Homes on 5 Acres

The volume of existing home sales on 5 acres has decreased by 3 homes and the average sales price has increased by $280 per SqFt compared to August 2021.

1 Existing home sold in the 5-acre group in Spirit Lake in August 2022 for an average of $538 per SqFt. The average time on the market was 85 days. The average lot size was 5 acres. This home sold for an average of 87% of the original listed price.

4 Existing homes sold in August 2021 for an average of $258 per sqft. The average time on the market was 79 days. The average lot size was 5.5 acres. 

2 Homes sold in the 5-acre group in Spirit Lake Idaho in August 2020. The average sales price was $246 per sqft. and the average time on the market was 104 days.

August 2019 had 1 home sell for an average of $133 per sqft and spent an average of 101 days on the market. 2 Existing homes in August 2018 sold for an average price of $187 per square foot. and the days on market averaged out to 59 days. 4 Homes sold in August 2017 for an average price of $ 198 per square foot and spent an average of 91 days on the market.

Homes on 10 Acres

10 acre homes for sale Spirit Lake Idaho

The volume of home sales on 10 acres has decreased by 3 homes and the average sales price has decreased by $24 per SqFt compared to August 2021.

2 Homes sold in the 10-acre group in Spirit Lake in the month of August 2022. The average sales price was $328 per SqFt. The average time on the market was 74 days. The average lot size was 10.7 acres.

These homes sold for an average of 82% of the listed price. The high seller of the group sold for an average of $375 per SqFt and was from the Terrace View subdivision. The low seller of the group sold for an average of $280 per SqFt and was from the Spirit Lake East subdivision.

5 Existing homes sold in the 10-acre group in Spirit Lake during August 2021 for an average of $352 per sqft. The average time on the market was 50 days.

August 2020 had 2 homes sell: 1 new construction sold for an average of $255 per sqft. and 1 existing home sold for an average of $195 per sqft. and the average time on the market was 129 days. 3 10-acre homes were sold in Spirit Lake Idaho for the month of August 2019. They sold for an average of $191 per sqft and spent an average of 74 days on the market.

Homes with Over 10 Acres

There were no Spirit Lake home sales with over 10 acres in August 2022.

No home sales in this group during August 2021.

2 Homes with over 10 acres sold in Spirit Lake Idaho during August 2020. The average sales price was $281 per sqft. and the average time on the market was 72 days. The average lot size was 18.5 acres.

Waterfront Home Sales

The volume of Spirit Lake waterfront home sales has decreased by 2 homes and the average sales price has increased by $659 per SqFt compared to August 2021.

1 Waterfront home sold in Spirit Lake in August 2022 for an average of $1,145 per SqFt. The average time on the market was 186 days. The average size of the lot was 2.4 acres.

This home sold for an average of 99% of the listed price and was from the Spirit Lake subdivision.

3 Waterfront homes sold in Spirit Lake during August 2021 for an average of $486 per sqft. The average time on the market was 47 days. 

No waterfront home sales during August 2020. 1 Waterfront home sold in Spirit Lake in August 2019 for an average of $233 per sqft and spent an average of 66 days on the market. No waterfront home sales in August 2018. August 2017 had 1 waterfront home sell for an average of $454 per sqft. and the average time on the market was 88 days.

Spirit Lake Waterfront Properties for Sale

Waterfront Homes for Sale Spirit Lake Idaho

Manufactured Homes on Leased Lots

No manufactured homes on leased lots were sold in Spirit Lake, Idaho in August 2022.

2 Manufactured homes on leased lots sold in August 2021 for an average of $101 per sqft. The average time on the market was 34 days.

August 2020 had 1 home sell in this group for an average of $72 per sqft. and it spent an average of 90 days on the market. August 2019 and 2018 didn’t have any home sales in this group. 

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