Coeur d'Alene Housing Market Sees Inventory Surge and Luxury Listings Boom
The Coeur d'Alene housing market is undergoing a notable transformation as summer begins. In May, the number of homes for sale surged by over 22%, giving buyers more choices than at any point in the past year. While this influx of inventory typically signals a cooling market, median home prices have defied expectations, spiking to $963,750—a 109% increase from April.
Market Overview
- Inventory Surge: The number of homes for sale in Coeur d'Alene increased sharply in May 2025, with 529 homes for sale—a 22.7% jump from April, indicating a growing inventory and more options for buyers.
- Median Price Spike: The median home sold price in May 2025 was reported at $963,750, up an extraordinary 109.6% from the previous month. This dramatic increase may reflect a surge in high-end or luxury home sales.
- Market Shift: Coeur d'Alene is currently considered a buyer's market, meaning homes are staying on the market longer and buyers have more negotiating power.
- Days on Market: The median days on market for homes is now 59, which is longer than earlier in the year, suggesting homes are taking about two months to sell.
Key Market Stats
Luxury Market Boom
Real estate professionals attribute the price jump to a wave of luxury home sales, with several listings exceeding $20 million. The luxury market remains strong with notable properties including:
Featured Luxury Listings
Expert Insights
"The prospect of your listing getting lost in a sea of inventory is increasing. Sellers need to prepare their homes carefully to stand out."- Jared McFarland, Local Real Estate Agent
What This Means for You
For Buyers
- • More inventory means more choices and options
- • Buyer's market gives you negotiating power
- • Homes staying on market longer (59 days average)
- • Time to shop at a more relaxed pace
- • Price adjustments becoming more common
For Sellers
- • Strategic pricing more critical than ever
- • Professional staging can help you stand out
- • Luxury market still showing strength
- • Prepare for longer marketing times
- • Quality presentation is key to success
Market Outlook
As the summer market heats up, all eyes are on whether this inventory boom will continue and if prices will stabilize or adjust downward to reflect the growing supply. The shift from a neutral to a buyer's market represents a significant development for the region, historically known for its competitive real estate scene.
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