As we enter spring, the Sandpoint and Bonner County real estate market continues to evolve, bringing both opportunities and challenges for buyers and sellers alike. With inventory increasing and home prices holding steady, now is a crucial time to understand what’s happening in the market.
Market Overview
The latest MLS data reveals a significant shift in market dynamics. More homes are hitting the market, giving buyers more options, while sellers are adjusting to slightly longer listing times. However, inventory remains relatively low overall, and we anticipate further increases as we move from the colder months into spring. Whether you’re planning to buy or sell in Sandpoint or the greater Bonner County area, staying informed about these trends can help you make the best decisions.
Inventory is Expanding
One of the most notable changes this month is the rise in available homes. New listings increased by 37.5% in February 2025 compared to last year, a welcome sign for buyers looking for more choices. However, demand remains steady, and as more homes enter the market, they are likely to be quickly absorbed by buyers who have been waiting for the right opportunity—especially in desirable areas like Sandpoint.
Homes Taking Longer to Sell
While homes are still moving, the average days on market has risen by 63.7% compared to last year. This means sellers must be patient and strategic with pricing and presentation to attract the right buyers. In Sandpoint and throughout Bonner County, properties that are well-priced and properly marketed are still seeing strong interest. Partnering with an experienced real estate professional can make all the difference in this shifting landscape.
Steady Home Prices
Despite the increase in inventory, home values remain resilient. The median sales price in Bonner County is now $759,179, reflecting a 0.4% year-over-year increase. While some may wonder if prices will drop, experts predict that home values will likely remain stable due to pent-up demand absorbing new listings as they come onto the market. In Sandpoint, where demand remains particularly strong, well-positioned homes continue to sell at competitive prices.
For buyers, this stability means that waiting for a significant price decrease may not be the best strategy. With mortgage rates expected to level out, now is an excellent time to secure a home before competition picks up.
New Construction on the Rise
The new construction sector is experiencing a surge, with new listings up 27.3% and pending sales doubling from last year. Builders are responding to demand, offering more opportunities for those seeking modern layouts and energy-efficient homes. If new construction is on your radar, now is a great time to explore available options in Sandpoint and surrounding areas before prices climb further.
A Balanced Market Ahead
Looking forward, the Sandpoint and Bonner County real estate markets are shaping up to offer balanced opportunities for buyers and sellers. Compared to recent years, we are likely to see a more predictable market with less volatility. While interest rate adjustments and seasonal inventory increases will influence activity, the overall outlook remains optimistic.
What This Means for You
The Sandpoint and Bonner County housing market is in a state of transition, offering both buyers and sellers unique opportunities. If you’ve been thinking about making a move, understanding these trends can help you navigate the process with confidence.
- Sellers: With more market inventory, competitive pricing and showcasing your home effectively are key to attracting buyers.
- Buyers: More choices and stable prices mean this could be the right time to find the perfect property.
If you’re curious about what your home is worth or ready to explore properties in Sandpoint or Bonner County, let’s connect. Visit our Contact Us page to get in touch today. Whether you’re buying or selling, we’re here to help you navigate the market with expert insights and local knowledge