Spirit Lake Real Estate June 2020

Spirit Lake Idaho June 2020 Housing Market Update

14 Homes sold in Spirit Lake Idaho during June 2020. There are currently 28 homes on the market: about 2 month’s of inventory.

The volume of home sales is up by 1 home compared to June 2019 which had 13 home sales. June 2018 had 11 home sales and June 2017 had 20 home sales.

Spirit Lake New Construction

There are currently 5 new construction homes on city lots on the market: a little over 2 month’s of inventory.

2 New construction homes on city lots sold in Spirit Lake Idaho during June 2020 for an average of $224 per sqft. The average lot size was 0.25 acres.

These homes sold for an average of 112% of the listed price. The high seller of the group sold for an average of $252 per sqft. The low seller of the group sold for an average of $197 per sqft.

No New Construction sales in June 2019.

June 2018 had 3 total new construction homes sell this June for an average of $156 per square foot. June 2017 had 5 homes selling that were new construction. 3 Homes on 1 acre lots that average $153 per square foot.

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

The volume of home sales in this group has decreased by 6 homes and the average sales price has increased by $43 per sqft. compared to June 2019. There are currently 11 homes on the market in this group: a little over 2 month’s of inventory.

5 Existing homes on city lots sold in Spirit Lake Idaho during June 2020 for an average of $211 per sqft. The average time on the market was 50 days.

The average lot size was 0.3 acres. These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $282 per sqft. The low seller of the group sold for an average of $167 per sqft.

11 homes on city lots selling for an average price per sqft of $168 with an average of 71 days on the market during June 2019.

June 2018 had 8 existing homes selling for an average price per sqft of $160 with an average of 67 days on the market. June 2017 had 6  existing homes sell.  They averaged $130 per square foot and averaged 82 days on 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

No June 2020 home sales in this group. There are currently 2 homes on the market in this group.

One home on a 1-acre lot selling this June 2019.  It sold for an average price per sqft of $159 was on the market for 172 days.

No 2018 June sales on 1 acre lots. 2017 had 3 homes on 1 acre lots sell.  They averaged $148 per square foot with average days on market of 45 days. 

Spirit Lake Homes on 5 Acres

No June 2020 home sales in this group. There are currently 7 homes on the market in this group.

One home on a 5-acre lot selling during June 2019 for an average price per sqft of $152. It was on the market for an average of 44 days.

No 2018 June sales on 5 acre lots. 2017 had 3 homes on 5 acre lots sell.  They averaged $126 per square foot.  The average days on market was 170 days.

Spirit Lake homes on 10 Acres

5 Homes sold in the 10 acre group in Spirit Lake Idaho during June 2020. There are currently 3 homes on the market in this group.  

New Construction on 10 Acres

1 New construction home sold in this group for an average of $265 per sqft. and the average time on the market was 101 days. The average size of the lot was 11 acres. This home sold for an average of 95% of the listed price. 

Existing Homes on 10 Acres

4 Existing homes sold in this group for an average of $200 per sqft. and the average time on the market was 61 days. The average lot size was 10.5 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $218 per sqft. The low seller of the group sold for an average of $191 per sqft.

No Homes sold on 10 acre lots in June 2019.

One home sale in this group in June 2018.  It sold for an average price per square foot of $226 and was on the market for an average of 56 days. 2017 had 3 homes sell and they sold for an average price per square foot of $175.  The average days on market was 170 days.

Spirit Lake Homes with over 10 Acres

1 Home with over 10 acres sold in Spirit Lake Idaho during June 2020. This home sold for an average of $191 per sqft. and the average time on the market was 54 days.

The average size of the lot was 20 acres. This home sold for an average of 100% of the listed price.

No June 2019 or 2018 home sales to compare to.

Spirit Lake Waterfront Homes

1 Residential waterfront home sold in Spirit Lake Idaho during June 2020 for an average of $138 per sqft. The average time on the market was 434 days.

The average lot size was 0.4 acres. This home sold for an  average of 82% of the listed price.

No Waterfront home sales for June 2019.

No June waterfront home sales for June 2018 or June 2017.

Spirit Lake Waterfront Properties for sale

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