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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




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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.






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