Schweitzer Mtn. Resort Real Estate, 2009 - 2010 Market Trends

By
Real Estate Agent with Century 21 RiverStone

I recently ran a report comparing sales data at Schweitzer Mountain Resort from 2009 to 2010, and a few trends become readily apparent. Units sold were up by almost 35% and average and median price had declined by almost $150,000. What does this mean for buyers?----It's a great time to buy as affordability both in price and interest rates have never been better.

Here is a look at some of the numbers:

                                    2009                    2010

High Sold Price:         $856,000                $460,000

Low Sold Price            $116,500                $70,000

Average Sold Price     $434,316                $282,088

Average DOM               222                         271

Number Sold                 24                           31

 

The ski season for this year has been pretty good, definitely more powder days than last year! The old adage at Schweitzer that "you never know unless you go" has never rang more true. Many days I have been in the office and decided to go up for "just a few turns", and ended up skiing untracked powder on every run. The snow report seems to run a little shy in regards to actual conditions, or so it has seemed this year, which has been great for those of us willing to see what conditions are for ourself. I will be posting some video pretty soon of a 1/2 day at Selkirk Powder, last Monday January 31st, and it can be described in two words bluebird and powder! Hope to see you on the mountain, stop by the Century 21 RiverStone office in the Lazier Building and I'll do my best to tell you the best snow on the mountain for that day.

 

 

Posted by

Agent Photo

Shawn Taylor

Owner, Associate Broker, GRI, Realtor

Century 21 RiverStone, Sandpoint, Idaho

shawntaylor@century21.com

 

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Rainmaker
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Adrian Willanger
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Shawn-

Thanks for the ski and year over year report. I own a house on Crooked Lane and like to keep up on community and RE news. Thanks for the post.

March 25, 2011 10:03 AM #1
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