market update: Is 2021 the Year to Size Up Your Home?
- 03/02/21 08:13 PM
Is 2021 The Year to Size up Your Home? 2020 was a year for change. Many lifestyle adjustments and plenty of time at home. During that time, you may have started to think about how much your current home suits your needs, even if you thought at one point that the home you’re in could be your forever home. Last year impacted the needs of many in a variety of ways, and it’s okay to recognize that the home in which you currently live might not fit your lifestyle now. If you’ve turned a room in your home into a makeshift office or (0 comments)
3-28-20 Coeur d'Alene, Idaho Area Real Estate Market Update. Here are the current numbers of Active, Pending and Recent Sold Homes in the Coeur d'Alene MLS.
Hayden/HaydenLake, Idaho Active- 83 Pending- 110 Sold in 30 days- 34 Average Days on Market- 110 Average Closed Sales- $366,122 (based on closed average sales) Most expensive home sold in 30 days: $1,075,000 Coeur d'Alene, Idaho Active- 202 Pending- 191 Sold in 30 days- 92 Average Days on Market- 85 Average Closed Sales- $399,514 (based on closed average sales) Most expensive home sold in 30 days: $1,499,000 Post Falls, Idaho Active- 108 Pending- 208 Sold in 30 days- 110 Average Days on Market- 106 Average Closed Sales- $345,872 (based on closed average sales) Most expensive home (9 comments)
According to the MLS stats, we have seen a decline in home sales starting in August. Why? Since the homes values increased, it has weeded out investors looking to “flip” homes or get homes at a huge discount. The number of short sales or lender owned properties have been declining month by month over the last year. The market is now full of traditional sellers.
The Government shut down did slow down the economy as a whole and truly removed the confidence of consumers. Buyers no longer feel the (0 comments)