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 April 28th, 2023 at 10:21 am

 

Spirit Lake Idaho May 2022 Housing Market Update

10 Homes sold in Spirit Lake, Idaho in May 2022. Spirit Lake homes sold for an overall average of $348 per sq.ft., were on the market for an average of 58 days, and sold for an average of 98% of the original listed price in May 2022. The average sales price per square foot is up 17% over May 2021. Volume is down 50%. 

May 2021 had 20 home sales in Spirit Lake: overall the average sales price per sq.ft. was $297, they were on the market for an average of 58 days, and sold for an average of 102% of the original listed price. 

May 2020 had 17 home sales, May 2019 had 10 home sales, May 2018 had 11 home sales, and May 2017 had 12 home sales.

For more information about Spirit Lake, visit our Spirit Lake Real Estate page here! 

Spirit Lake New Construction

3 New construction homes sold in May 2022 for an average of $351 per SqFt. The average lot size was 0.16 acres.

These homes sold for an average of 96% of the listed price and were from the Lakeview Spirit Lake subdivision. The high seller of the group sold for an average of $379 per SqFt. The low seller of the group sold for an average of $313 per SqFt.

No new construction home sales during May 2021.

2 New construction homes sold during May 2020 for an average of $198 per sqft. No 2019 new construction sales in May 2019 that were on a city lot. May 2018 had 1 home selling for an average of $153 per sqft and May 2017 had 3 new construction homes sell for an average price per sqft of $141.  

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 7 homes and the average sales price has decreased by $114 per SqFt. compared to May 2021.

1 Existing home on a city lot sold in May 2022 for an average of $156 per SqFt. The average time on the market was 28 days. The average size of the lot was 0.33 acres. This home sold for an average of 98% of the listed price.

8 Homes sold in May 2021 for an average of $270 per sqft. The average time on the market was 47 days. 

7 Homes sold during May 2020 for an average of $204 per sqft. The average time on the market was 70 days. May 2019 had 6 homes sell for an average of $151 per sqft. & the average time on the market was 57 days. May 2018 had 2 homes sell for an average of $121 per sqft with an average of 45 days on the market. May 2017 had 4 homes sell for an average price per sqft of $101 with an average of 66 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 decreased by one home and the average sales price has increased by $108 per SqFt. compared to May 2021.

2 Homes sold in the 1-acre group in May 2022 for an average of $338 per SqFt. The average time on the market was 52 days. The average lot size was 1.5 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $346 per SqFt. The low seller of the group sold for an average of $330 per SqFt.

3 Homes sold in May 2021 for an average of $230 per sqft. The average time on the market was 123 days.

May 2020 had 2 homes sold in this group: 1 new construction sold for an average of $229 per sqft. and 1 existing home sold for an average of $147 per sqft. & the average time on the market was 57 days. May 2019 had 2 homes sell for an average of $201 per sqft. & the average time on the market was 88 days. May 2018 had no home sales on 1 acre lots and May 2017 had 1 home sell for an average of $162 per sqft.

Considering Selling Your Spirit Lake Home?

Free No Obligation Home Valuation Here

Spirit Lake Homes on 5 Acres

The volume of home sales in this group has decreased by one home and the average sales price has increased by $193 per SqFt. compared to May 2021.

1 Home sold in the 5-acre group in May 2022 for an average of $489 per SqFt. The average time on the market was 88 days. The average size of the lot was 5 acres. This home sold for an average of 96% of the listed price and was from the Quail Ridge subdivision.

2 Homes sold in May 2021 for an average of $296 per sqft. The average time on the market was 58 days.

3 Homes sold in May 2020 for an average of $227 per sqft. The average time on the market was 181 days. May 2019 had 1 new construction home that sold in the 5-acre group for an average of $183 per sqft. May 2018 had 2 homes sell for an average of $139 per sqft with an average of 59 days on the market.  No May 2017 sales.

Spirit Lake Homes on 10 Acres

The volume of home sales in this group has decreased by 5 homes and the average sales price has increased by $51 per SqFt. compared to May 2021.

2 Homes sold in the 10-acre group in May 2022 for an average of $379 per SqFt. The average time on the market was 56 days. The average lot size was 11 acres.

These homes sold for an average of 103% of the listed price. The high seller of the group sold for an average of $520 per SqFt. and was from the Spirit Lake East subdivision. The low seller of the group sold for an average of $237 per SqFt.

7 Homes sold in May 2021 for an average of $328 per sqft. The average time on the market was 45 days.

3 Homes sold in May 2020 for an average of $190 per sqft. and the average time on the market was 88 days. 1 Home sold for an average price per sqft of $107 with an average of 30 days on the market during May 2019. May 2018 had 5 homes sell for an average price per sqft of $178 with an average of 69 days on market.  May 2017 had 2 homes sell for an average price per sqft of $138 with an average of 75 days on the market.  

Spirit Lake Waterfront Homes

No waterfront home sales in May 2022.

No waterfront home sales during May 2021.

No May 2020 waterfront home sales. No May 2019 Sales. May 2018 had no sales.  May 2017 had 1 home sell for an average price per sqft of $187.

Spirit Lake Waterfront Properties for Sale

Spirit Lake Manufactured Homes on Leased Lots

1 Manufactured home on a leased lot sold in May 2022 for an average of $133 per SqFt. The average time on the market was 44 days. This home sold for an average of 104% of the listed price and was from the Scenic Mobile Estates.

No May 2021 home sales in this group.

No May 2020, 2019, 2018, or 2017 home sales in this group. 

Considering Selling Your Spirit Lake Home?

Free No Obligation Home Valuation Here

Spirit Lake Homes for Sale