Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

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Mon - Fri: 9:00 - 5pm

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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

Real Estate News

Spirit Lake Idaho Real Estate News July 2022

Real Estate News Spirit Lake Idaho
Real Estate News Idaho

Spirit Lake Housing Market Trends

16 Homes were sold in Spirit Lake, Idaho in July 2022 with existing homes on 5 acres making up the majority of the sales. The volume of home sales has remained the same compared to July 2021.

July 2020 had 30 home sales, July 2019 had 12 home sales, July 2018 had 11 home sales, and July 2017 had 30 home sales. 

Spirit Lake New Construction on City Lots

3 New construction homes on city lots sold in July 2022 for an average of $331 per SqFt. The average lot size was 0.16 acres.

These homes sold for an average of 96% of the original listed price and were from the Lakeview Spirit Lake subdivision. The high seller of the group sold for an average of $342 per SqFt. The low seller of the group sold for an average $316 per SqFt. 

No new home sales on city lots in July 2021.

July 2020 had 4 new homes sell for an average of $207 per SqFt. No July 2019 home sales. July 2018 had 1 new home sell for an average of $145 per SqFt.

Spirit Lake New Construction for Sale

New Construction Sales Spirit Lake Idaho
Real Estate News Spirit Lake July 2022

Existing Homes on City lots in Spirit Lake

The volume of home sales in this group has decreased by 3 homes & the average sales price has increased by $44 per SqFt compared to July 2021. 

4 Existing homes on city lots sold in July 2022 for an average of $316 per SqFt. The average time on the market was 46 days. The average lot size was 0.28 acres. 

These homes sold for an average of 102% of the original listed price. The high seller of the group sold for an average of $442 per SqFt. The low seller of the group sold for an average of $198 per SqFt. 

July 2021 had 7 homes sell for an average of $272 per SqFt & the average time on the market was 47 days.

July 2020 had 9 homes sell for an average of $208 per SqFt & the average DOM was 83. July 2019 had 6 homes sell for an average of $149 per SqFt & the average DOM was 47. July 2018 had 6 homes sell for an average of $184 per SqFt. July 2017 had 9 homes sell for an average of $115 per SqFt & average DOM was 72. 

Spirit Lake Homes on Less than 1 Acre for Sale

Spirit Lake Homes on Acreage

spirit Lake Homes on 1 Acre

The volume of home sales in the 1-acre group has remained the same and the average sales price has increased by $294 per sqFt compared to July 2021. 

1 Home sold in the 1-acre group in July 2022 for an average of $451 per SqFt. The average time on the market was 41 days. The average size of the lot was 1.08 acres.

This home sold for an average of 91% of the original listed price and was from the Spirit Lake 1st subdivision. 

July 2021 had 1 home sell for an average of $157 per SqFt & the average time on the market was 50 days. 

July 2020 had 3 homes sell for an average of $235 per SqFt & the average DOM was 52. No July 2019 or 2018 home sales on 1-acre. July 2017 had 1 home sell for an average of $105 per SqFt & average DOM was 68. 

Real Estate News Spirit Lake Idaho July 2022

Spirit Lake New Homes on 5 Acres

The volume of new construction homes on 5-acre lots has increased by one home & the average sales price has increased by $44 per SqFt compared to July 2021. 

2 New construction homes on 5-acre lots sold in July 2022 for an average of $419 per SqFt. 

These homes sold for an average of 102% of the original listed price and are from the Quail Ridge subdivision. The high seller of the group sold for an average of $465 per SqFt. The low seller of the group sold for an average of $372 per SqFt.

1 New construction home sold in July 2021 for an average of $375 per SqFt. 

July 2020 had 1 new construction home sell for an average of $274 per SqFt. 

Spirit Lake Existing Homes on 5 Acres

The volume of home sales in this group has increased by 3 homes and the average sales price has decreased by $133 per SqFt compared to July 2021. 

4 Existing homes on 5-acre lots sold in July 2022 for an average of $367 per SqFt. The average time on the market was 57 days. The average lot size was 5.6 acres.

These homes sold for an average of 94% of the original listed price. The high seller of the group sold for an average of $506 per SqFt & was from the Quail Ridge subdivision. The low seller of the group sold for an average of $280 per SqFt & was from the Edgemere Estates. 

July 2021 had 1 home sell for an average of $500 per SqFt & the average time on the market was 66 days. 

July 2020 had 3 homes sell for an average of $223 per SqFt & the average DOM was 71. July 2019 had 2 homes sell for an average of $206 per SqFt & the average DOM was 82. No July 2018 home sales. July 2017 had 2 homes sell for an average of $188 per SqFt & the average DOM was 107. 

Real Estate News Spirit Lake Idaho

Spirit Lake Homes on 10 Acres

1 New construction home sold in the 10-acre group in July 2022 for an average of $490 per SqFt. The average size of the lot was 10.2 acres. This home sold for an average of 99% of the original listed price and was from the Spirit Lake East subdivision. 

1 Existing home sold in the 10-acre group in July 2021 for an average of $151 per SqFt. The average time on the market was 30 days. 

July 2020 had 5 homes sell for an average of $216 per SqFt & the average DOM was 99. July 2019 had 2 homes sell for an average of $208 per SqFt & the average DOM was 55. July 2018 had 3 homes sell for an average of $157 per SqFt & the average DOM was 49. 

Spirit Lake Homes with Over 10 Acres

No July 2022 home sales in this group. 

July 2021 had 2 homes with over 10 acres sell for an average of $303 per SqFt. The average DOM was 61.

July 2020 had 3 homes sell for an average of $211 per SqFt & the average DOM was 90. July 2019 had 2 homes sell for an average of $203 per SqFt & the average DOM was 103. 

Real Estate News July 2022 Spirit Lake Idaho

Spirit Lake Waterfront Homes

The volume of waterfront home sales has decreased by 2 homes and the average sales price has increased by $277 per SqFt compared to July 2021. 

1 Waterfront home sold in July 2022 for an average of $702 per SqFt. The average time on the market was 65 days. The average size of the lot was 0.32 acres. This home sold for an average of 94% of the original listed price. 

July 2021 had 3 waterfront homes sell for an average of $425 per SqFt & the average DOM was 47.

July 2020 had 2 waterfront homes sell for an average of $466 per SqFt & the average DOM was 54. No July 2019 waterfront home sales. July 2018 had 1 waterfront home sell for an average of $355 per SqFt & the average DOM was 23. July 2017 had 2 waterfront homes sell for an average of $250 per SqFt & the average DOM was 150. 

Spirit Lake Waterfront Properties for Sale

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Spirit Lake Homes for Sale

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