Blog Post

Sandpoint Market Analysis: Downtown vs Suburban Areas

Sales Velocity Comparison Report – ZIP Code 83864

🏔️ Sandpoint Market Analysis: Downtown vs Suburban Areas

Report Generated: February 18, 2026
ZIP Code: 83864 (Sandpoint, Idaho)
Analysis Period: Last 30 Days (January 19 – February 18, 2026)


📊 Executive Summary

Sales Velocity Overview

Downtown Sandpoint Core:

  • Average Days on Market: 38 days
  • Median DOM: 32 days
  • Sales Volume: 5 units (30 days)
  • Velocity Change-15.6% faster than overall market

Suburban/Outlying Areas:

  • Average Days on Market: 49 days
  • Median DOM: 44 days
  • Sales Volume: 13 units (30 days)
  • Velocity Change+8.9% slower than overall market

Overall Market (83864): 45-day average DOM


🏙️ Downtown Sandpoint Core Analysis

Geographic Definition

Boundaries:

  • North: Boyer Avenue
  • South: Lake Street (Lake Pend Oreille shoreline)
  • East: Division Avenue
  • West: 5th Avenue

Key Features:

  • Walkable historic downtown
  • Lake Pend Oreille views/access
  • Restaurant and retail corridor
  • Arts and culture district

Velocity Metrics (Last 30 Days)

Speed Indicators:

  • Average Days on Market: 38 days
  • Median DOM: 32 days
  • Quick Sales (<21 days): 2 properties (40% of sales)
  • Extended Market (>60 days): 0 properties (0%)
  • Fastest Sale: 12 days (renovated historic home)
  • Slowest Sale: 58 days (high-end condo)

Weekly Velocity Trend:

Week Sales Avg DOM Trend
Week 1 (Jan 19-25) 1 42 days Baseline
Week 2 (Jan 26-Feb 1) 2 35 days ↑ Accelerating
Week 3 (Feb 2-8) 1 38 days → Stable
Week 4 (Feb 9-15) 1 32 days ↑ Accelerating
Week 5 (Feb 16-18) 0 N/A Pending activity

Sales Volume & Pricing

Transaction Data:

  • Total Sales: 5 units
  • Median Sale Price: $525,000
  • Average Sale Price: $548,000
  • Price per Sq Ft: $325
  • List-to-Sale Ratio: 98.2%

Price Distribution:

  • $400k-$500k: 2 sales (40%)
  • $500k-$600k: 2 sales (40%)
  • $600k+: 1 sale (20%)

Demand Characteristics

Buyer Competition:

  • Multiple Offers: 40% of sales
  • Average Offers per Property: 2.1
  • Above-Ask Sales: 20%
  • Average Overbid: $10,500 (2.0% above ask)

Buyer Profile:

  • Out-of-State: 60%
  • Remote Workers: 40%
  • Retirees: 40%
  • Second Home: 20%

Showing Activity:

  • Average Showings: 9 per listing
  • Showing-to-Offer Ratio: 23%

Inventory Status

Current Supply:

  • Active Listings: 24 properties
  • New Listings (30 days): 8
  • Pending Sales: 6
  • Months of Inventory: 4.8 months

Property Types:

  • Single Family Homes: 14 (58%)
  • Condos/Townhouses: 8 (33%)
  • Mixed-Use: 2 (9%)

🏘️ Suburban/Outlying Areas Analysis

Geographic Definition

Included Neighborhoods:

  • Sagle/Sunnyside (South 83864)
  • Ponderay/Kootenai (North 83864)
  • Schweitzer Mountain Area (East, mountain access)
  • Rural Sandpoint (Outlying areas with acreage)

Velocity Metrics (Last 30 Days)

Speed Indicators:

  • Average Days on Market: 49 days
  • Median DOM: 44 days
  • Quick Sales (<21 days): 1 property (8% of sales)
  • Extended Market (>90 days): 3 properties (23%)
  • Fastest Sale: 8 days (waterfront property, Sagle)
  • Slowest Sale: 156 days (overpriced Schweitzer ski-in)

Weekly Velocity Trend:

Week Sales Avg DOM Trend
Week 1 (Jan 19-25) 2 58 days Baseline
Week 2 (Jan 26-Feb 1) 3 44 days ↑ Improving
Week 3 (Feb 2-8) 3 52 days ↓ Slowing
Week 4 (Feb 9-15) 4 43 days ↑ Improving
Week 5 (Feb 16-18) 1 35 days ↑ Strong

Sales Volume & Pricing

Transaction Data:

  • Total Sales: 13 units
  • Median Sale Price: $605,000
  • Average Sale Price: $638,500
  • Price per Sq Ft: $268
  • List-to-Sale Ratio: 96.2%

Price Distribution:

  • $300k-$500k: 3 sales (23%)
  • $500k-$700k: 6 sales (46%)
  • $700k-$900k: 2 sales (15%)
  • $900k+: 2 sales (15%)

Demand Characteristics

Buyer Competition:

  • Multiple Offers: 15% of sales
  • Average Offers per Property: 1.2
  • Above-Ask Sales: 15%
  • Average Overbid: $7,200 (1.2% above ask)

Buyer Profile:

  • Out-of-State: 69%
  • Remote Workers: 46%
  • Retirees: 38%
  • Second Home: 15%

Showing Activity:

  • Average Showings: 5 per listing
  • Showing-to-Offer Ratio: 24%

Inventory Status

Current Supply:

  • Active Listings: 118 properties
  • New Listings (30 days): 30
  • Pending Sales: 16
  • Months of Inventory: 9.1 months

Property Types:

  • Single Family Homes: 84 (71%)
  • Waterfront Properties: 20 (17%)
  • Condos/Townhouses: 4 (3%)
  • Land/Lots: 10 (8%)

Related Posts