Home Sales up 33% in Coeur d’Alene

MHProNews has learned overall sales of homes in the Coeur d’Alene Multiple Listing Service (MLS) are up 33 percent over 2012, although some rural areas are showing increases of 70 to 75 percent. The sales of newly-built homes doubled year-over-year, while foreclosures and short sales made up half of total sales this year compared to 2012. While manufactured homes saw an increase in the average price, sales declined eight percent from last year. As cdapress.com reports, multifamily housing sales rose 15 percent, the best performing sector in the commercial category, reflected as well in other parts of the country. As MHProNews knows, sales of manufactured homes have been rising nationally for three consecutive years.

(Photo credit: Chris Butler/Idaho Statesman–Delores Laredo working on a manufactured home in Nampa, ID)

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