Spirit Lake Real Estate August 2020

Spirit Lake Idaho August 2020 Housing Market Update

24 Homes sold in Spirit Lake Idaho during August 2020. The volume is up compared to last year which had 19 home sales in Spirit Lake.

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

Spirit Lake New Construction

6 New construction homes sold in Spirit Lake Idaho during the month of August 2020. The average sales price was $225 per sqft. The average lot size was 0.3 acres.

These homes sold for an average of 104% of the listed price. The high seller of the group sold for an average of $267 per sqft. The low seller of the group sold for an average of $208 per sqft. 

No August 2019 new construction home sales.

4 new Construction homes 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 home sales in this group has increased by one home and the average sales price has increased by $19 per sqft. compared to August 2019.

12 Existing homes on city lots sold in Spirit Lake Idaho during August 2020. The average sales price was $185 per sqft. The average time on the market was 63 days. The average lot size was 0.3 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $225 per sqft. The low seller of the group sold for an average of $72 per sqft.

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 this group during August 2020.

1 Home built on a 1-acre lot was sold in Spirit Lake for the month of August 2019. It sold 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 and the average lot size for this property was .85 of an acre. August 2017 we had one home sale and it sold for an average price of $93 per square foot.

Spirit Lake Homes on 5 Acres

The volume of home sales in this group has increased by one home and the average sales price has increased by $113 per sqft. compared to August 2019.

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. The average lot size was 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 $254 per sqft. The low seller of the group sold for an average of $238 per sqft.

1 Home on a 5-acre lot was sold in Spirit Lake for the month of August 2019. It sold for an average of $133 per sqft and spent an average of 101 days on the market.

Spirit Lake had 2 existing homes on 5 acre lots sell in August 2018.   They sold for an average price of $187 per square foot. and the days on market averaged out to 59 days.4 properties selling in 2017.  They sold for an average price of $ 198 per square foot. 91 days on market for those on average.

Spirit Lake homes on 10 Acres

2 Homes sold in the 10 acre group in Spirit Lake Idaho during August 2020.  

Existing Home Sales

One existing home sold in this group for an average of $195 per sqft. The average time on the market was 129 days. The average lot size was 10.2 acres. This home sold for an average of 96% of the listed price.  

New Construction

One new construction home sold in this group for an average of $255 per sqft. The average lot size was 10.5 acres. This home sold for an average of 100% of the listed price.

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

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.

These homes sold for an average of 89% of the listed price. The high seller of the group sold for an average of $361 per sqft. The low seller of the group sold for an average of $201 per sqft.

Spirit Lake Waterfront Homes

No waterfront home sales during August 2020.

1 Residential waterfront home sold in Spirit Lake Idaho for the month of August 2019. It sold for an average of $233 per sqft and spent an average of 66 days on the market.

We had No waterfront homes sell this August 2018. August 2017 had 1 waterfront sale and it sold for an average of $454 per sqft. and the average time on the market was 88 days.

Spirit Lake Waterfront Properties for sale

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