Enclosed is the most complete statistical report for the ending of 08’regarding the North Idaho Real Estate market you can get. We ended 2008 with 7,368 listings, 188 sold for the month with a total of a 39 MONTHsupply of property. We sold 3029 properties in 08’. Total amount ofavailable inventory is around $2.75 Billion. Average sold price is hoveringaround 230K. If you would like a breakdown on each price category, numberof pending, actives, solds, see the TMO (Total Market Overview) above.Also, I just acquired a TMO for every area in Kootenai County (i.e. CDA,Post Falls, Rathdrum, MF) individually. If you have interest in one ofthose let me know. In particular, look at the price range 400-450. Thereis nothing in the “hopper” in that price range reported in the MLS. Also,enclosed is the two year trend line of sales, price reductions, volume, andmonth supply of inventory. Take a look.
If you would like to be added onto a property email list (i.e MultifamilyREO under 200K, immediately sends out notification of listing to you) let meknow. Just let me know what you’re looking for and let me represent you innavigating the purchase.
1. As always, you can view the list of Short Sales here:
http://www.flexmls.com/link.html?onb6ifzf2gm,7,1
2. Bank Owned Properties Here (REO):
http://www.flexmls.com/link.html?onb6i9ink2d,7,1
3. Lake Coeur d’ Alene Waterfront Here:
http://www.flexmls.com/link.html?onb6iiatws5,7,1
Multi-Family Properties Here
http://www.flexmls.com/link.html?onb6in6hxcq,7,1
