I spent yesterday afternoon showing
waterfront homes for sale in Coeur d'Alene, along the Spokane River.
It wasn't exactly a picture perfect day, in fact it was drizzly and gloomy. Nevertheless, the beautiful waterfront setting, under the pines along the riverfront, was a lovely and picturesque backdrop for the wonderful homes we saw.
This time of year, inventory of waterfront homes for sale in Coeur d'Alene is at a seasonal low. As of this past week, there were a total of 218 waterfront homes for sale in our Coeur d'Alene MLS. This includes homes for sale on all of the various lakes and rivers in the area.
Of those 218 waterfront homes for currently for sale in Coeur d'Alene, 17 have contracts pending. In the past six months, 85 waterfront homes listed for sale in the Coeur d'Alene MLS have sold, with an average list to sales price ratio of 89.9%.
It is interesting to note that as the purchase price climbs, the list to sales price ration decreases, particularly when reaching and exceeding the million dollar price point.
As the weather warms and spring arrives, we will see the inventory of waterfront homes for sale in Coeur d'Alene increase.
However, in spite of the anticipated seasonal increase of inventory levels, it is anticipated that our inventory of waterfront homes for sale will remain lower than we have seen in the past several years.
If you are in the market to purchase a waterfront home,
it would be wise to be prepared to move quickly as soon as the home of your dreams appears on the market!
I an happy to provide you with complete market stats in every price range for waterfront homes for sale, and be of service to you in your waterfront home search in any way tht I can. Email or call me today!
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