199 $1M-Plus Homes For Sale In CdA

There were 199 homes listed on the Coeur d’Alene Multiple Listing Service last week at prices from $1 million to $17.5 million. At last year’s sales rate – 33 of the $1 million-plus listings sold – that’s a six-year supply. By comparison, the March inventory of all unsold homes in Spokane County represented about 10 months of sales. But as in North Idaho, Spokane County’s much smaller supply of $1 million homes will take some years to work off. Elgee said an imbalance between supply and demand for pricey homes is not unusual/ Bert Caldwell , SR. More here . (SR photo: Jesse Tinsley)

Question: If you had a million bucks to squander, would you look for a bargain on a $1 million-plus home in the area now?