Posts Tagged ‘ Idaho ’

Canyon County Real Estate Statistics -September 2012

Below are the Canyon County real estate statistics for September 2012. Data is from the Intermountain Multiple Listing Service with the numbers reflecting available, pending, and sold, single family/single family with acreage. Canyon County consists of Nampa, Caldwell, Middleton and surrounding areas.

Canyon County September Market Statistics

Available Homes

# Available: 974                    

# Vacant: 493 (51%)

# Short Sale: 273 (28%)

# Bank Owned: 36 (4%)

Median Asking Price: $131,145

——————————————— 

Pending Sales

# Pending: 468

Median Asking Price: $108,400

 ———————————————-

Closed Sales – September 2011

# Closed: 260

# Short Sale: 67 (26%)

# Bank Owned: 111 (43%)

Median Sales Price: $79,500

Median Days on Market: 49

Closed Sales– September 2012

# Closed: 260

# Short Sale: 56 (21%)

# Bank Owned: 49 (19%)

Median Sales Price: $104,716

Median Days on Market: 28

 ——————————————–

Where is the market heading?

September’s real estate numbers seem to indicate that the market has settled down quite a bit since our crazy spring. We are no longer seeing prices increasing at almost $2K -$3K a week. I feel the leveling off is healthy since the economy locally could not support the rapid increase. I realize for many, the current prices are still lower than when they bought. That is unfortunate but we can not afford to see another bubble so soon after the last one when we are still recovering from it!

An interesting item that I noticed when gathering my statistics for this past month was the List Price to Sales Price (median). List Price is what the seller lists the home for and the sales price is what it actually sells for. For Canyon County LP/SP was 100+ percent (LP-$104,250/ SP-$104,716). In Nampa it was 100+ percent (LP- $108,500/ SP- $108,900)and in Caldwell it was at 101 percent (LP- $100,961/SP-$102,000).

Even though prices are leveling off and will more than likely remain flat for a few months, my gut tells me that we are going to see another surge in activity and prices come spring.

 If you would like to know what your home is possibly worth in this current market, please contact me through my website: www.BoiseRealEstateChick.com

Advertisements

Gorgeous Eagle Home on Acreage for Only $585K

Check out this beautiful Eagle home for sale on almost 5 acres. This home has it all! 

MLS#98498384

Image

  • For entertaining, there are multiple areas for large gatherings and a built-in swimming pool with tikki wet bar that will make you think you are at a resort!
  • Home has 4 good size bedrooms plus three bathrooms, large remodeled kitchen with all the bells and whistles.
  • 3803 sq. ft.
  • Main level master bedroom.
  • Scenic deck lets you take in the Boise Valley and amazing night lights view!
  • Large barn with 5 stalls and heated drinking fountains, with gated run-outs to sand arena and pasture.

Please click on the link below for more information and for virtual tour!

http://www.boiserealestatechick.com/propertydetails.cfm?searchType=mlsnumber&mlsid=98498384&thisid=98498384&mlsno=98498384

Meridian Idaho Real Estate Market Stats for Feb. 2012

Below are the real estate market statistics for Meridian, Idaho for the month of February 2012. These numbers are from the Multiple Listings Service and are based on single family/single family with acreage homes.

Meridian

February 2012 Market Statistics:

 

Available Homes

# Available: 474

# Vacant: 269 (57%)

# Short Sale: 162 (34%)

# Bank Owned: 18 (4%)

Median Asking Price: $177,990

Inventory is down yet again from previous month (504 January) and the Median Asking Price is up as well ($172,724 January).   Interesting to see that there are only 18 bank owned properties on the market and the number of vacant home is down from last months 310 (62%).

——————————————————————-

Pending Sales

# Pending: 291

Median Asking Price: $178,990

Number of Pending Sales is up from January’s 209 but the Median Asking Price is down ($189.7K -January)

——————————————————————-

Closed Sales – February 2011

# Closed: 107

# Short Sale: 28 (26%)

# Bank Owned: 35 (33%)

Median Sales Price: $155,000

Median Days on Market: 73

 

Closed Sales – February 2012

# Closed: 101

# Short Sale: 17 (17%)

# Bank Owned: 17(17%)

Median Sales Price: $183,640

Median Days on Market: 43

Just look at these numbers! Year over year, the Median Sales Price is way up but it is also way up from January ($159,070). The Median Days on Market is down by an entire month! Considering that February was a short month it did very well and with the number of Pending Sales up I think we are going to be looking at a pretty good March as well!

If you would like to see what homes are currently going for in the Meridian area, please go to my web site: http://www.BosieRealEstateChick.com

Eagle Idaho Real Estate Market Statistics-March 2011

The numbers are in for the Eagle Idaho real estate market area for March 2011 and they look pretty good. I will give commentary for each section below.

Available Listings:

# Available:256

#Vacant: 108 (42%)

# Short Sales: 66

# Bank Owned: 14

Median Asking Price: $349,375

Number of available is up by 23 compared to February(233), which is actually not to bad considering we are heading into the spring market. I anticipate that this number will go up next month also.

The percent of vacant  homes is down by 2%  from February (44%), but the number of short sales and bank owned are almost identical to last month..

Asking price is up slightly from February’s $344K.

—————————————————————————————-

Pending Sales:

# Pending: 61

Median List Price: $360K

Median Days on Market: 42

Pending’s  went up nicely from February’s 46 but the median asking price fell from $$394,500 to $360K.

—————————————————————————————-

Closed Sales

# Closed: 35

# Short Sales: 14

# Bank Owned: 8

Median Sales Price: $275K

Median Days on Market: 90

Closed sales were up from February (28) with short sales and bank owned doing a flip from last month(February had 7 short sales and 13 bank owned). Median sales price went up very nicely from $234,750 in February. Days on market increased as well though by 26 days (64 DOM in Feb.) but this is probably due to the increase in short sales that closed.

——————————————————————————————-

Overall, the Eagle area looks pretty solid with increases in sold and pending which continues a positive trend for the year. The only area of concern is that the pending list prices are down which could mean that sold prices for April could go down as well.  Tomorrow I will post Meridian’s numbers which look very promising as well. (I will update the Eagle numbers if necessary since some of the solds may not have been entered yet.)

If you are considering buying or selling your home in the Eagle area, please go to my website to see the local Eagle real estate market area homes that are for sale (no sign up required): www.BoiseRealEstateChick.com and if you would like a current market analysis of your home or are interested in purchasing, please feel free to contact me (contact information is on my website).

Boise Real Estate Listings for Under $140K!!!

Yesterday I posted about real estate listings in Meridian for under $140K. Today I will show you some really great deals in the Boise area for under $140K. This is a great opportunity for not investors but especially renters.

If your rent is $575 -$625 you can afford a home for $100K and under, and there are quite a few to choose from.

If your rent is $640-$745 you can afford a home for $130K and under.

And if your rent is $750-$850 you can afford a home  $140k and under.

Here are some great deals:

Boise Home for $100K

This is a fantastic deal! MLS#98456873

——————————————————————————————————

$110K home in Boise

 Wonderful Boise home with a three car garage! MLS#98445503

—————————————————————————————————–

$120k home in Boise

Another great deal in Boise for under $120K! MLS# 98461449

————————————————————————————————-

$130K home in Boise

Two story home with front porch! MLS#98459588

——————————————————————————————————–

$140K home in Boise

Lots of square footage for the money! MLS#98432491

—————————————————————————————————–

Buyers, now is a great time to buy! Prices are still very reasonable and mortgage rates are still low. It is definitely cheaper to own a home than to rent, If you would like additional information on the homes listed above or any other homes in the Boise real estate market, go to my website (no sign up required) and enter the MLS number, www.BoiseRealEstateChick.com

Meridan Real Estate Listings for Under $140K!!!

Home buyers looking to get a great deal in the Meridian, Idaho real estate market take a look at the following homes:

Meridian home for $100K!

This is a 3 bedroom/2 bathroom home! What a deal?!! MLS#98462722

——————————————————————————————————————

This one is for $110K in Meridian, Idaho! MLS#98453929

This is a great house for the money! MLS#98453929

——————————————————————————————————————-

Home for just$120K!!! Meridian, Idaho

This is a really great deal in Meridian, ID! MLS#98459675

———————————————————————————————————————

Look at this!!! $130K in Meridian, Idaho

This home is absolutley gorgeous! MLS#98444593

———————————————————————————————————————

Can you believe it! Only $140K in Meridian, Idaho!

This is an unbelievable price at $140K! MLS#98463035

———————————————————————————————————

If you are paying rent in the range of $575 – $825 a month then one of these homes could be yours! The deals are still out there and the interest rates are still low! If you want to see additional pictures and information about  these homes, please go to my website (no sign up required) : www.BoiseRealEstateChick.com and plug in the MLS #. Contact me if you would like information on any home in the Boise Multiple Listing area. Are you ready to change your address?

New Homes Sales Plunged in February,hmm…

There was yet another doom and gloom real estate story in my favorite local newspaper. Its headline was, “New-home Sales Plunged in February to Record Low”. Now the ordinary reader who is not a Realtor would read that and think,” Wow the real estate market is still really bad”.

One of those ordinary readers was my husband who read the headline and asked me, “Are things really that bad?” I told him, read the rest of the article and you will see that the story is for  the national new-home sales, and not the local Boise real estate area, which has actually been seeing a consistent upward trend.

A few things about the national picture first. Weather has been absolutely horrible in most parts of the country. Winter weather and heavy rains have delayed many new-homes from being completed, therefore, no closing.  If you look at their chart they show sales going back to 1963 till present.  Today’s national numbers are about half of what they were in 1963 but  are about what they were in the late 1960’s and again in the mid 1980’s. But if you look at the numbers from 2005 (height of the market) it looks like a heart monitor that suddenly has no beat. Anything that you compare in the real estate market from 2005 to 2011 is going to look bad. Actually I think that 2010 was the polar opposite of 2005 and as I continue to watch the statistics, 2011 is actually looking very good.

Here in the Boise area, the real estate market is looking very, very good. Existing home sales jumped in February (by 24%) and so did the pending sales which indicates that March sales are going to be even better. I know as a Realtor my phone has started to ring quite a bit from buyers who realize now is the time to buy. Talking with other Realtors in my office and around the Boise area, they are all saying the same thing, “Business is picking up and it is not the spring market yet”. We all feel the same way, this is going to be a good year!

If you are a buyer or a seller and want additional information regarding the Boise real estate market, please go to my website (no sign up needed): www.BoiseRealEstateChick.com

Advertisements
%d bloggers like this: