North Idaho Waterfront - Great buys available and recent stats: Sandpoint Real Estate Blog
By Gary Lirette, Business & Investing in the Inland Northwest
In a current search of waterfront homes sold in the last year, 45 listings have transpired. The criteria for this search are all homes in the immediate Sandpoint/Sagle/Hope area that are on Lake Pend Oreille and the Pend Oreille River. These include homes directly on the water, but also homes with water access. To be sure, some did not have water views. Here are the stats: LIST PRICE: SOLD PRICE: DOM: HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT $2,199,500 $185,000 $686,868 $570,000 $30,909,063 45 $1,922,500 $125,000 $611,046 $549,000 $27,497,070 1612 0 224 102 Noting the numbers, the homes that are selling are still averaging prices in the $550,000 to 700,000 range. In the past, people have decided to wait until homes fell below that magic half million level. While we have ...
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