Posts Tagged ‘ home selling ’

Boise Real Estate Market Statistics – July 2013

Below are the Boise Real Estate Market Statistics for July 2013. These numbers are based on information from the Intermountain Multiple Listing Service for single family/single family with acreage homes that are Available, Pending, or have Sold.

Ada County July Market Statistics

Available Homes
# Available: 2312
# Vacant: 1140 (49%)
# Short Sale: 216 (9%)
# Bank Owned: 63 (3%)
Median Asking Price: $233,145

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Pending Sales
# Pending: 1239
Median Asking Price: $212,500

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Closed Sales—July 2012
# Closed: 647
# Short Sale: 102 (16%)
# Bank Owned: 56 (9%)
Median Sales Price: $172,000
Median Days on Market: 23

Closed Sales—July 2013
# Closed: 892
# Short Sale: 57 (6%)
# Bank Owned: 46 (5%)
Median Sales Price: $206,487
Median Days on Market: 20

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Dog Days of Summer

Things have settled down a bit in Ada County! Keep in mind I am speaking relative to our crazy spring. All numbers indicate we are still going very strong but as is typical this time of year, the market flattens out a bit.

Available inventory had another increase by about 300 properties over last month and an increase of over 500 properties since May. We saw another slight pull back in the asking price. Over the past few months it looks as if the median asking price is settling in the $230K range.

The number of Pending Sales pulled back, down another 100 since last month. The median asking price was down as well by $4k.

Oddly the number of Closed Sales was up! Especially considering that we have seen historic highs the past few months and these are July numbers. However, the Median Sales Price is down by about $4k reflecting the pullback in pricing for Available and Pending listings. I think the market will continue to stay relatively strong but I do think as we head into fall, the prices will not be moving much in either direction.

If you would like additional information regarding the Boise Real Estate Market, please go to my website: www.BoiseRealEstateChick.com or you can e-mail me: mary@BoiseRealEstateChick.com

 

 

Canyon County Real Estate Market Statistics- June 2013

Below are the statistics for the Canyon County Real Estate Market for June 2013. These numbers are from the Intermountain MLS for single family/single family with acreage homes for available, pending and sold properties. The Canyon County area consists of Caldwell, Nampa, Middleton, and the surrounding area.
Canyon County June Market Statistics

Available Homes

# Available: 1186

# Vacant: 612 (52%)

# Short Sale: 145 (12%)

# Bank Owned: 43 (4%)

Median Asking Price: $155,254

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 Pending Sales

# Pending: 583

Median Asking Price: $129,500

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Closed Sales—June 2012

# Closed: 261

# Short Sale: 57 (22%)

# Bank Owned: 36 (14%)

Median Sales Price: $103,000

Median Days on Market: 23

 

Closed Sales—June 2013

# Closed: 311

# Short Sale: 35 (11%)

# Bank Owned: 41 (13%)

Median Sales Price: $131,200

Median Days on Market: 14

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Summer Market

The Canyon County summer market is behaving as expected. Sales are slowing down a bit,  allowing for inventory to increase. June closed out the spring market with very strong numbers and July is not looking too shabby!

The Available inventory finally starting to inch back up. The Median Asking Price stayed the say from May. As inventory increases we will see the median asking price start to level off or decrease.

The Pending Sales saw a decrease of 12 and the Median Asking price only rose by $4K. As the summer market continues we should see these number continue to shrink a bit.

The number of Closed Sales saw a slight decrease from May. The percent of distressed homes also stayed the same at about 24 percent of the market. The big news is the Median Sales Price! It was up by $7500K from last month and over $9K since April! That is a huge! Year over year it is up by over $28K! Are you thinking of selling? Come on in, the water is definitely warm!

If you would like additional information regarding the value of your home, please go to my website: www.BoiseRealEstateChick.com or you can e-mail me at : mary@BoiseRealEstateChick.com

 

By the Numbers….Boise -June 2013

By the Numbers…Boise (Ada County

Number of homes on the market:
June 2011: 2583
June 2012: 2097
June 2013: 2081

Median Asking Price:
June 2011: $179,900
June 2012: $215,500
June 2013: $235,000

Number of Pending Sales:
June 2011: 926
June 2012: 1223
June 2013: 1342

Median Sold Price:
June 2011: $150,000
June 2012: $174,585
June 2013: $210,823

Number of Distressed Homes Sold:
June 2011: 283
June 2012: 183
June 2013: 99

Boise Real Estate Market Statistics for June 2013

Below are the numbers for the Boise Real Estate Market for June 2013. These numbers are taken from the Intermountain Multiple Listing Service for Ada County (Boise, Meridian, Eagle, Kuna, and Star) for single family/single family with acreage.

 

Ada County June Market Statistics

 Available Homes

# Available: 2081

# Vacant: 996 (48%)

# Short Sale: 232 (11%)

# Bank Owned: 59 (3%)

Median Asking Price: $235,000

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 Pending Sales

# Pending: 1342

Median Asking Price: $216,731

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Closed Sales—June 2012

# Closed: 706

# Short Sale: 109 (15%)

# Bank Owned: 79 (11%)

Median Sales Price: $174,000

Median Days on Market: 24

 

Closed Sales—June 2013

# Closed: 822

# Short Sale: 55 (7%)

# Bank Owned: 44 (5%)

Median Sales Price: $210,823

Median Days on Market: 17

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Summer Market

The Ada County summer market is behaving as expected. Sales are slowing down a bit, allowing for inventory to increase. June closed out the spring market with very strong numbers and July is not looking too shabby!

 The Available inventory finally went over the 2000 mark for the first time since November 2012. The Median Asking Price pulled back by $4k from May. As inventory increases we will see the median asking price start to level off or decrease.

 The Pending Sales saw a decrease of 116 and the Median Asking price only rose by $200. As the summer market continues we should see these number continue to shrink a bit.

 The number of Closed Sales stayed exactly the same, which was at historical highs last month. The percent of distressed homes also stayed the same at 12 percent of the market. The big news is the Median Sales Price! It was up by $15K from last month and over $25K since April! That is a huge! Year over year it is up by over $36K! Are you thinking of selling? Come on in, the water is definitely warm! 

If you would like to know what your home may be worth please go to my website: http://www.BoiseRealEstateChick.com

 

 

 

 

Boise Real Estate Market Statistics- May 2013

Below are the Boise Real Estate Market Statistics for May 2013. These numbers are from the Intermountain Multiple Listing Service for Available, Pending and Closed sales, single family/single family with acreage in the Boise, Idaho area.

Ada County May 2013 Market Statistics

Available Homes

# Available: 1880
# Vacant: 918 (49%)
# Short Sale: 229 (12%)
# Bank Owned: 49 (3%)
Median Asking Price: $239,900

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Pending Sales
# Pending: 1458
Median Asking Price: $216,530

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Closed Sales—May 2012
# Closed: 625
# Short Sale: 115 (18%)
# Bank Owned: 71 (11%)
Median Sales Price: $179,688
Median Days on Market: 35

Closed Sales—May 2013
# Closed: 822
# Short Sale: 59 (7%)
# Bank Owned: 40 (5%)
Median Sales Price: $194,995
Median Days on Market: 17

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Spring Market Ends Strong!

As the spring market comes to an end, it did so with strong numbers. The number of homes that sold in May are numbers that we have not seen since 2005/2006. As long as we can avoid the housing bubble of those years we should be alright!

Available inventory barely inched up by 76 homes. Not near enough to help meet buyer demand. The worrisome detail is that due to the lack of inventory many buyers are waiting for the “perfect” home and in the meantime interest rates are on the rise. For some, this could price them out of the market within the next few months.

As expected, the Pending Sales continued to do well. So did the median Pending Sales price! Up another $7500!

The number of Closed Sales are at historical highs. The percent of distressed homes fell by 10 percent month over month (22 percent in April and 12 percent in May). Only 40 homes that sold in May were Bank Owned and currently there are only 49 Bank Owned homes available for sale! We are getting to the point where I may not have to have the number of distressed homes in my statistics anymore! Now wouldn’t that be nice?!?

For more information regarding the Boise Real Estate Market or to contact me, please go to my website: www. BoiseRealEstateChick.com

 

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Canyon County – By the Numbers….April 2013

Canyon County-By the Numbers…

Number of homes on the market:
April 2011: 1309
April 2012: 926
April 2013: 933

Median Asking Price:
April 2011: $109,000
April 2012: $117,820
April 2013: $151,990

Number of Pending Sales:
April 2011: 470
April 2012: 481
April 2013: 596

Median Sold Price:
April 2011: $79,900
April 2012: $87,000
April 2013: $121,650

Number of Distressed Homes Sold:
April 2011: 230
April 2012: 164
April 2013: 77

The Canyon County area is still in need of decent inventory! Please, if you know anyone who is considering selling their home but they aren’t sure of what they could get, send me their info and I will gladly follow-up! I ALWAYS appreciate your referrals!
For more info, go to my website: http://www.BoiseRealEstateChick.com

Boise Real Estate Statistics- April 2013

Below are the Boise Real Estate statistics for the month of April 2013. These numbers are pulled from the Intermountain Multiple Listing Service for Active, Pending, and Sold single family homes/single family homes on acreage. The Boise area consists of Boise, Meridian, Eagle, Kuna, and Star, Idaho.

Boise Area- April 2013 Market Statistics

Available Homes
# Available: 1804
# Vacant: 920 (51%)
# Short Sale: 267 (15%)
# Bank Owned: 50 (3%)
Median Asking Price: $237,869

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Pending Sales
# Pending: 1388
Median Asking Price: $209,000

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Closed Sales – April 2012
# Closed: 668
# Short Sale: 141 (21%)
# Bank Owned: 95 (14%)
Median Sales Price: $158,245
Median Days on Market: 39

Closed Sales– April 2013
# Closed: 704
# Short Sale: 86 (12%)
# Bank Owned: 68 (10%)
Median Sales Price: $185,250
Median Days on Market: 20

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Spring Market Staying Strong!

The frantic pace that we saw in April has finally settled down a bit! Normally this time of year we see an increase in homes coming on the market. However, the inventory has only risen by 12 homes! Due to the lack of inventory, the median asking price is up by another $12K.

With the continued strong spring market, Pending Sales continue to rise as well. April was up (1388) from March’s 1239. And yes, another $10k increase in the Median Asking Price. Year over year the Median Asking Price is up by $29K!

Not surprisingly, the number of homes that Closed for April was up for both month over month, and year over year. What was a bit surprising was that the Median Sales Price remained relatively flat. The number of bank owned and short sales homes that closed was up and may be part of the reason that sold prices didn’t rise. If you look at the Median Days on Market, you can see how frantic the market was for April, it was down to 20 days. This means that homes were getting offers on them within 20 days of being on the market. Not sure the last time I have seen the Median DOM so low!

Please contact me if you would like to have an updated Current Market Analysis done for your home in the Boise area. You can either e-mail me: mary@BoiseRealEstateChick.com or go to my website: http://www.BoiseRealEstateChick.com

 

 

 

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