The Inside Scoop on Houses & Happenings.
Hey Kootenai County! Did you know May is National Home Improvement Month?
With the warmer weather beckoning, it’s the perfect time to cultivate your home’s potential! Consider tackling projects that not only enhance your daily enjoyment but can also add significant value. Think about refreshing your curb appeal with landscaping and a fresh coat of paint, updating your kitchen or bathroom for a modern touch, or creating an inviting outdoor living space. These improvements can truly make your home blossom!
Let’s make May a month of opportunity and growth whether you’re considering a move or simply nurturing the haven you already have. Just like the flowers in bloom, let’s see what exciting possibilities we can unearth together!
May Real Estate Trends
The longer days are giving eager buyers more time to dig for their dream homes, meaning listings are disappearing in a flash! Sellers, you’re in a prime position to see quick sales and potentially a bouquet of competitive offers thanks to high demand. Don’t forget to keep an eye on those interest rates as the economy enjoys a little springtime growth!
The market is moving – are you ready to make your move?
The Market's Budding Deals: Your May Real Estate Scoop - KOOTENAI COUNTY
SPRING MARKET REPORT
Increased Buyer Activity: Spring traditionally marks the start of the busiest home buying season. We’re witnessing a significant uptick in buyer interest, fueled by favorable weather, school calendar considerations, and a renewed sense of optimism. Open houses are buzzing, and showing schedules are filling up quickly.
Inventory Dynamics: Inventory levels remain a key factor in our local market. While we’re seeing some new listings come online, the demand still outpaces supply in many desirable neighborhoods. This creates a competitive environment, particularly for well-priced homes.
Pricing Trends: Home prices are showing SLIGHT FLUCTUATIONS. Sellers are achieving strong results with strategically priced homes, while buyers should be prepared for potential multiple-offer situations.
Interest Rates: Interest rates are 6.9% holding steady/experiencing minor adjustments. Staying informed about rate trends is crucial for both buyers and sellers as it directly impacts affordability and purchasing power.
Days on Market: The average days on market is 99 DAYS, indicating buyer hesitation.
Discover The Delight of May: Local Events & Activities!
As the vibrant energy of spring continues into May, Kootenai County offers a diverse array of engaging community events. This month’s newsletter highlights key local activities, providing you with opportunities to connect with neighbors, explore our area’s offerings, and experience the best of springtime in our community. Discover the exciting happenings that await!
TAILSPAWLOOZA HEALTHY PET FAIR
Saturday, May 10, 2025 Time: 10am-2pm
Location: Pointe Pkwy Walmart 6405 W. Pointe Pkwy, Post Falls
COMMUNITY HISTORY: TOUR OLD KOOTENAI CO. JAIL
Saturday, May 10, 2025 Time: 11am-1pm
7940 W. 2nd St., Rathdrum Presented by Community Library Network
ANNUAL KITE FESTIVAL
Saturday, May 10, 2025 Noon-2:30
2784 W. Broadmoore Dr., Hayden
“AMERICAN HEROES DAY” AT SILVERWOOD THEME PARK
May 24-26
27843 Hwy 95, Athol.
All military personnel, veterans, firefighters, police officers, & EMS receive FREE admission (identification/proof required)!
