Housing sales down from last year

COEUR d'ALENE — The Kootenai County housing market is up when it comes to prices, but down when it comes to sales.

According to the Coeur d'Alene Regional Realtors, the median single-family home price in the county was $550,000 in October, up 15.8% from the same month last year. In June, the median home price was $560,000.

The number of homes sold through October, 2,260, was down 23% from one year ago.

The number of active residential listings on Nov. 3, 930, was down 8.3% from September, but well up from 382 that were listed Nov. 10, 2021.

The number of days a home spent on the market was down to 70, a drop of 8% from October 2021.

"Homes are still selling fast and at higher prices than a year ago," according to the Coeur d'Alene Regional Realtors.

Winter tends to be a slower time in the real estate market, as fewer people are looking to relocate in the cold months.