Market Intelligence for Sandpoint, Idaho

REAL Market Update - Brought to you by Jackie Suarez, Associate Broker

*Data based on Selkirk MLS effective date 4/23/2026. 

What is the current real estate market climate in North Idaho?

 The spring winds have ushered in an active sales season in Bonner and Boundary Counties, and the market is showing clear signs of warming. Yeartodate home sales are up 8% compared to 2025, and the 2026 median sales price of $565,000 reflects a 4% increase over the same period last year. True to seasonal form, activity is heating up fast — sales volume over the past 30 days surged 54% compared to the previous month. Mortgage interest rates are holding steady, and homes are closing 12 days sooner. Cash buyers accounted for 31% of recent sales, and VA loan activity continues to rise. Veterans — congratulations on your new homes and Thank You for your service.

The land market is beginning to thaw, though it hasn’t fully shaken off its winter slumber. Only 40 parcels have sold so far this year — less than half of 2025’s pace — with a median price of $222,500. Cash financed 57% of these “dirt deals,” giving buyers a chance to strike while conditions are still cool enough for negotiation.

Ready to find your lake home? The waterfront market is breaking open like ice on the Pend Oreille. Five homes have sold so far this year at an average price of $3,425,000. Approximately 22 waterfront offerings are currently available. Call me for details on a fantastic 4bedroom home just minutes from Sandpoint, priced right at $1,575,000 — a true bluesky opportunity.

Translation: It’s a buyer’s market, and sellers are rolling out earlyseason deals before competition clouds the horizon.

Thinking about buying or selling?
As spring continues to bloom, more listings will come to market — and buyers will be ready to take advantage of wellpriced opportunities. If you’ve been waiting for the right conditions, the forecast suggests this could be your moment. In North Idaho, the real estate climate is shifting, and the right deal may be just over the next ridge.

3 Forecast-Proof Tips for Navigating This Market: 

1.  Go local. Work with fulltime pros who know the terrain, trends, and microclimates — the ones who can read the market like a seasoned weather watcher.
2. Sellers – Mind the forecast. Strong presentation and realistic pricing keep you competitive. Too much blue sky invites a correction.
3. Buyers – Line up financing, inspect carefully, and be ready to engage with motivated sellers. Clear skies favor the prepared.

Our market is constantly changing.  

What is important to me remains the same - God, Family and Relationships. 

Print Media