Is Sandpoint Idaho still a sellers Market? Without a 2nd thought the answer is a resounding YES ! Resourced by NAR, Core Logic, and Fannie Mae the chart shows clearly a National Average as ‘Sellers Market’.
As with many areas through out the Nation, Sandpoint Idaho is a Niche of its own. Inventory actually lower than the National average. Year to year $$ appreciation is higher than the already state average of $55,000.
The nearby surrounding areas of Sagle, Priest River, Naples, Bonners Ferry, Clark Fork, Hope Idaho all are separate Niches of their own, with most having Niches within those. It would be impossible to generalize all North Idaho into a single bracket, even a city has different facets.
Consider the fact that any of the above cities may sitting next to a lake, have a river, multiple creeks, mountainous terrain, pastures, ski resort, airport or Spokane International Airport approximately 2 hours distant from any of them.
While the housing market may be leveling a bit in North Idaho I try to bring a little clarity to it with this: The difference between 300 degree water and 240 degree water is quite substantial. Yet both are boiling. Trying to describe the difference in boiling temperatures becomes very difficult.
Contact me for answers to questions concerning Niches within different North Idaho cities or information on the different cities and housing market in general.
‘Experience the Difference’ in working with a full time Professional Idaho REALTOR®. Your wants and needs will always be my priorities.
Mark Don McInnes
Broker – REALTOR®
208 255-6227
SandpointNorthIdaho.com – North Idaho Home & Land Searches
Sandpoint Realty LLC
1205 Highway 2
Sandpoint, Idaho 83864
‘Friday Flag’ this ‘Friday Flag’ this week was seen as coming back from a listing appointment in Sandpoint Idaho. Spotted just off Highway 200 in Ponderay Idaho, I had to turn around to take a few pics. Thank you Northern Idaho Business, Diedrich Roasters, for Proudly flying Ole Glory,
