Spirit Lake Idaho Real Estate Market August 2021

Spirit Lake Idaho August 2021 Housing Market Update

23 Homes sold in Spirit Lake, Idaho during August 2021. The volume of home sales in Spirit Lake has decreased by one home compared to August 2020 which had 24 home sales.

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

Spirit Lake New Construction

3 New construction homes sold in August 2021, these will be in the acreage section.

6 New construction homes sold during 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.  2 Homes on city lots sold for an average price per square foot of $164. August 2017 had 8 new Construction Homes selling for an average price per square foot of $140

Spirit Lake New Construction for sale

Existing Homes on City Lots in Spirit Lake

The volume of existing-home sales on city lots has decreased by 6 houses and the average sales price has increased by $66 per sqft. compared to August 2020.

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. The average lot size was 0.3 acres.

These homes sold for an average of 102% of the listed price. The high seller of the group sold for an average of $322 per sqft. The low seller of the group sold for an average of $121 per sqft. and was from the Lakeview subdivision.

12 Existing homes on city lots sold during August 2020 for an average of $185 per sqft. The average time on the market was 63 days. 

11 Existing homes built on city lots were sold in Spirit Lake Idaho for the month of August 2019. The average sales price was $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 less than 1 Acre

Spirit Lake Homes on Acreage

Spirit Lake Homes on Acreage for sale

Spirit Lake homes on 1 Acre

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.

Spirit Lake Homes on 5 Acres

7 Homes sold in the 5-acre group in Spirit Lake, Idaho during August 2021. The volume of home sales in the 5-acre group has increased by 5 houses and the average sales price for existing homes has increased by $12 per sqft. compared to August 2020.

New Construction

3 New construction homes sold in this group for an average of $381 per sqft. The average lot size was 5.04 acres. These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $414 per sqft. and was from the Quail Ridge subdivision. The low seller of the group sold for an average of $359 per sqft.

Existing Homes

4 Existing homes sold in this group for an average of $258 per sqft. The average time on the market was 79 days. The average lot size was 5.5 acres. These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $453 per sqft. and was from the Seasons Acres subdivision. The low seller of the group sold for an average of $145 per sqft.

2 Homes sold in the 5-acre group in Spirit Lake Idaho during 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.

Spirit Lake Homes on 10 Acres

The volume of home sales in the 10-acre group has increased by 3 houses and the average sales price has increased by $97 per sqft. compared to August 2020.

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. The average lot size was 11.12 acres.

These homes sold for an average of 96% of the listed price. The high seller of the group sold for an average of $455 per sqft. and was from the Spirit Lake East subdivision. The low seller of the group sold for an average of $220 per sqft. and was also from the Spirit Lake East subdivision.

August 2020 had 2 homes sell in the 10-acre group: 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.

Spirit Lake Homes with over 10 Acres

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.

Spirit Lake Waterfront Homes

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. The average lot size was 0.2 acres.

These homes sold for an average of 95% of the listed price. The high seller of the group sold for an average of $888 per sqft. The low seller of the group sold for an average of $206 per sqft. and was from the Spirit Shores subdivision.

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

Spirit Lake Manufactured Homes on Leased Lots

The volume of home sales in this group has increased by one home and the average sales price has increased by $29 per sqft. compared to August 2020.

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

These homes sold for an average of 88% of the listed price and were both from the Scenic Mobile Estates park. The high seller of the group sold for an average of $110 per sqft. The low seller of the group sold for an average of $93 per sqft.

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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