North Idaho Housing marktet set to explode in 2024? January real estate market update

Dive into the latest trends and numbers with our January 2024 market update for North Idaho's real estate landscape! In this video, we're breaking down everything you need to know about the current state of the market, from active listings and new on the scene properties to sold listings, median list prices, and the all-important median sale prices. Plus, we've got the latest stats on median days on market and absorption rate to help you gauge the pace of sales.

But that's not all – we're also tackling current interest rates and sharing insights on what to expect throughout the year. Despite the winter season traditionally seeing a slowdown, we're observing a busier market than usual this year, signaling a growing demand in North Idaho.

For those thinking of buying, now is the time to connect with a lender and start getting to know the market. With our expert advice on timing and negotiation tactics, you'll be well-equipped to navigate this competitive landscape. And for anyone worried about market stability, rest assured, we're not anticipating a market crash in North Idaho.

Key Takeaways:

The North Idaho real estate market is bustling with activity, showing a significant uptick compared to previous years.
With interest rates expected to decline gradually over the year, prospective buyers have a valuable window of opportunity.
Getting in touch with a lender and gaining market knowledge are critical steps for buyers aiming to secure a good deal.
In a competitive market, the right timing and negotiation skills are your best assets.
Whether you're a first-time buyer, a seasoned investor, or simply keeping an eye on North Idaho's real estate scene, this update is packed with valuable insights to guide your decisions. Don't miss out – hit play, and let's explore what the North Idaho market has in store!

If you’re thinking about moving to North Idaho be sure to give us a call, shoot us a text, send us an email, or schedule a Zoom call. We’d love to help you make a smooth move to North Idaho!
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📲 Call or Text us: (208) 618-4421
📩 Email: Seth@yournorthidahoagent.com
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If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in North Idaho, then subscribe 🔺 and tap the bell 🛎️ for notifications so you can be the first to know about the current market conditions in North Idaho. 😃

We get calls and emails every day from people just like you, looking for help on making their move to Coeur d'Alene Idaho and north Idaho. Whether you're moving in now or 12 months from now, give us a call ☎️, shoot us a text💬, or send us an email📧.

Seth Horst - Idaho Real Estate License: SP52928
📲 Call or Text: (208) 618-4421
📩 Email: Seth@yournorthidahoagent.com

Dave Faller - Idaho Real Estate License: SP52181
📲 Call or Text 208-572-2266
📩 Email: Dave@yournorthidahoagent.com

Eric Boardman - Idaho Real Estate License: SP58741
📲 Call or Text 208-446-9364
📩 Email: Eric@yournorthidahoagent.com

Brokered by Keller Williams Realty Coeur d'Alene
Each office is independently owned and operated.
Equal housing opportunity
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****Most stats and data come from the following sites and are not based on our opinions:
Great Schools: https://www.greatschools.org/idaho/coeur-d'alene/
Neighborhood data: https://www.niche.com/?ref=places-to-live
Census data: https://data.census.gov/
More about Coeur d'Alene: https://en.wikipedia.org/wiki/Coeur_d%27Alene,_Idaho

***All stats, data, housing prices and anthing else mentioned are subject to change and provided merely as examples at the time of recording***
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IREC: https://irec.idaho.gov/consumer/

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