This week the median list price for Bonner County, ID is $768,400 with the market action index hovering around 33. This is less than last month’s market action index of 37. Inventory has held steady at or around 216.
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The average new listing price this last week is at $339,900 this week, while the 90-day overall average is $767,000. A drop in the 7-day but not the 90-day.
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The 7-day average per square foot this last week is $365 and the average 90-day per square foot is $368. No real movement since last week.
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Property with a decrease in price is at 17.13% and the 90 Day Average at 30.05%. All 4 segments had minor drops.
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This week’s inventory is at 216 properties. The 90-day average for the area is 252.
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The “sweet spot” for buyers this week is prices around the $650,000 range. The average days on the market at that price point is 91 days.
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The market action index dropped to 33. At 30 it becomes a Buyer’s Market.
Boundary County
This week the median list price for Boundary County, ID is $670,950 with the market action index hovering around 35. This is less than last month’s market action index of 38. Inventory has held steady at or around 102.-
The average new listing price this last week is at $0 this week. Nothing new is listed. Nothing reports sold, with the 90-day overall average stays at $670,900. No real movement from last week.
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The 7-day average per square foot this week dropped to $330 and the average 90-day per square foot is $345. No real change from last week.
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Properties with a price decrease this week dropped to 15.69%, above the 90-day average of 28.99%.
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This week’s inventory lowers to 102 properties. The 90-day average is 120.
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Since nothing was reported sold last week, there is no number. As of today, the lowest time on the market is in the $597,000 for 84 days. The most time on the market is 133 days in the $370,000.
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The market action index drops to 35. At 30 it becomes a Buyer’s Market.
Median List Prices Last Week:
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Athol - $895,000
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Clark Fork - $469,975
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Dover - $1,187,500
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Ponderay - $599,000
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Priest River - $504,499
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Sagle - $1,049,000