Posts Tagged ‘ Boise real estate listings ’

Boise Real Estate Market Statistics-December 2016

Ada County December Market Statistics

Available Homes

# Available: 1519

# Vacant: 1135 (75%)

# Short Sale: 13 (1%)

# Bank Owned: 10 (1%)

Median Asking Price: $299,900

—————————

Pending Sales

# Pending: 976

Median Asking Price: $276,832

—————————-

Closed Sales—December 2015

# Closed: 835

# Short Sale: 14 (2%)

# Bank Owned: 11 (1%)

Median Sales Price: $232,000

Median Days on Market: 29

—————————

Closed Sales—December 2016

# Closed: 831

# Short Sale: 5 (1%)

# Bank Owned: 12 (1%)

Median Sales Price: $244,888

Median Days on Market: 24

—————————–

Happy New Year!!!

Happy New Year! May your 2017 be a healthy, happy, and prosperous New Year! If you are a home seller, 2017 is looking VERY good for you! If you are a buyer, not so much. Interest rates are going up and home prices are continuing to trend upwards as well! There are still some very well priced homes on the market, you just have to act quickly to get them!

Inventory is at an unbelievable low! We are now down to 1519 homes on the market. Demand continues to be high and amazingly the median asking price hasn’t skyrocketed just yet.

The Pending sales had a pretty good pullback in December, finally getting under the 1000 mark. Median Asking price went up by $16K though. We will see if that holds true for January’s sold prices.

The number of Closed sales was down by 38 and the sold price was pretty much flat. However, due to the low inventory, the Days on Market are still sitting at the under 24 day mark.

With the New Year starting off with such low inventory, now is a great time to sell your home! Contact me if you would like additional information.

Brokerage: Sivercreek Realty Group-1099 S Wells Ste. 200-Meridian ID 83642

 

Boise Real Estate Market Statistics-November 2015

Ada County November Market Statistics

Available Homes

# Available: 2017

# Vacant: 1295 (64%)

# Short Sale: 63 (3%)

# Bank Owned: 26 (1%)

Median Asking Price: $275,990

————————–

Pending Sales

# Pending: 1243

Median Asking Price: $249,900

————————–

Closed Sales—November 2014

# Closed: 562

# Short Sale: 8 (1%)

# Bank Owned: 23 (4%)

Median Sales Price: $216,197

Median Days on Market: 35

————————

Closed Sales—November 2015

# Closed: 632

# Short Sale: 10 (2%)

# Bank Owned: 12 (2%)

Median Sales Price: $240,150

Median Days on Market: 22

————————-

Happy Holidays!

As the year 2015 comes to a close, I want to wish you the very best during this holiday season and for a prosperous and healthy New Year!

As we head into the final month of the year, inventory continues to drop. We are down by 326 homes since last month! Of note is that in Meridian seventy four percent of the homes (415) available are vacant! Of those vacant homes 320 are new construction! The asking price has remained flat for the past three months.

Pending Sales were up by another 60 homes! We normally see a pull back in the market through the fall months but that has yet to happen. The median asking price was down though.

The number of Closed Sales did see a pull back from last month but year over year it is up. The Closed Sales Price was up by $12K month over month, and by $24K year over year. The Median Days on Market have not budged for the past few months, staying at 22. This is also unusual for this time of year. Normally homes sit a little longer going into the winter months so if we continue on this trend, we could see homes selling in a matter of days come spring!

If you would like to more information regarding the Boise Real Estate Market, please go to my website: http://www.BoiseRealEstateChick.com

Brokerage: Silvercreek Realty Group-1099 S Wells Ave Meridian ID 83642

 

 

 

 

%d bloggers like this: