Posts Tagged ‘ Pending sales ’

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).

Advertisements

Real Estate Statistics for Eagle, ID -February 2011

The February 2011 Real Estate Statistics for Eagle, ID  are listed below. I will add commentary for each grouping (active, sold, and closed sales). Please note that these numbers are for Single family and Single Family with acreage ending 2/28/2011.

Available Homes:

# Available: 233

# Vacant: 102

#Short Sales: 68

# Bank Owned: 14

Median Asking Price: $344K

The number of available homes is up slightly from January’s 194. The Median Asking Price has dropped a little bit from January’s $352,300

Pending Sales

# Pending: 46

Median Asking Price: $394,500

Pendings are down slightly from January’s 57 and the Median Asking Price is up from $348K

Closed Sales

# Closed: 28

Median Sold Price: $234,750

Median Days On Market: 64

The number of closed is up from January’s 21 but the Median Price has dropped drastically from $393K. My best guess is that a few more distressed properties have moved through the system and the fact that February was a shorter month.  I will be watching March’s numbers carefully to see if this trend continues. I would find that hard to believe since the Pending Median Price is up.

Tomorrow I will post Meridians February numbers and see how that part of town has faired!  If you would like additional Statistics for the Boise Real Estate Market please see my posts under “Boise Real Estate Statistics” or go to my website (no sign up required): http://www.BoiseRealEstateChick.com

Advertisements
%d bloggers like this: