North Idaho seeing the rebound of the high-end vacation home market
There's another monthly update on Spokane County home sales in the June 6 Spokesman Review.
Near the bottom is the interesting little detail out of North Idaho.
Here's how the story reported it:
While Spokane’s home sales are slightly behind a year ago, they’re increasing in Kootenai County.
Through April this year, home sales are up 5 percent – from 583 to 613, said Kim Cooper of the Coeur d’Alene Association of Realtors.
Median prices there are up 6 percent, from $169,000 to $179,500, he added.
What’s clear, Cooper said, is there’s a rebound in sales of high-end, waterfront properties. In the first four months of 2013, there was one home sale in excess of $1 million.
This year so far, Kootenai County has had eight such sales, Cooper said.
“That tells me we’re seeing the rebound of the vacation-home market here,” Cooper said