The stats are in for condo sales in Sandpoint. Idaho and Schweitzer Mountain! As we can see from the graph below, prices have been holding fairly well (only 16% below 2007's "sold" prices).
The lack of volume in 2009 is alarming but not much of a diversion from what we have seen nationally. Note the sale price/list price ratio and the days on market. ...fairly solid.
North Idaho is a strong retirement/baby-boomer area and the numbers above support that. Condos are one of the "homes of choice" for retirees and their value has held well through these difficult times.
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