SANDPOINT, IDAHO QUARTERLY MARKET TRENDS

Kent, great stats. I am wondering (our market has many luxury second homes as well as the lower priced inventory) do you have skewed stats on the higher priced inventory due to variations such as a listing that is higher than the norm? I see that here, and it skews the data, or should I say, it makes me believe the stats should be a bit different. I hope we see a healing of that luxury home market, but it is good to see lower priced, more realistic homes are finally selling!

Kent, had to come back. We can separate those out, yet overall when for instance Bloomberg quotes stats, or NAR issues stats, they are included in there. I don't have the answer. I, like you, publish stats too. And it is always a question in my mind what to do about it. Those higher priced listings certainly skew the stats. But really, your stats to tell a story for the lower priced listings, people are buying, the market is improving, and things are going forward! And for the luxury market, well, it is a GREAT time to buy there too! As long as the buyer has an agent who understand this market, who can guide them to that home that is a better value for the price, it is a win win situation!

Kent, nice work on the stats, definitely reflects what I've been experiencing in the market. I think if you look at the 500k to 1m numbers Schweitzer has seen some success in that price range relative to waterfront sales in that range......