Market UpdateReal Estate Trends November 5, 2019

Idaho Market Update

The number one question we are asked is, “How is the Market?”   Our clients and those thinking about making a move here in North Idaho are always interested.   Is it a good time to buy? Sell? Build? Invest? 

It’s one of our favorite discussions.  Real Estate is dynamic and markets are always changing. There are numerous factors that impact the the Real Estate Market here locally.   Digging deeper and staying abreast of the key factors that effect our local market is our job.  Considering national and local trends along with evaluating key factors will have an impact on how we answer that question… How is the Market? It all depends on what you want to achieve.   

At Windermere, we are fortunate to have our own Chief Economist, Matthew Gardner.  He is an amazing resource and here is his report on our Idaho Market.   

The Gardener Report

 

“In Northern Idaho, Shoshone County experienced a 17.9% increase in sales over the third quarter of 2018. There was a modest increase in Bonner County and a very slight contraction in Kootenai County.” Matthew Gardener

 

 

 

Interested in knowing how this market will effect you in one of North Idaho’s 5 Counties (Kootenai, Shoshone, Bonner, Boundary or Benewah) for buying, selling, investing or building?   Connect with us her or find us on one of our social sites and we will be happy to discuss our market and how it will impact your Real Estate goals. 

 

 

John & Tracey Tindall Professional Agents

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John & Tracey Professional Agents
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Tracey Tindall
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Johntindall@windermere.com     208-818-2365

traceytindall@windermere.com   208-818-2365

Windermere, Coeur d’Alene Realty

1000 Northwest Blvd

Coeur d’Alene Idaho 83814