Posts Tagged ‘ sold homes ’

Boise Real Estate Market Statistics for June 2012

Below are the Boise Real Estate Market statistics for June 2012. These numbers represent all active, pending, and closed sales during June in the Boise area (Ada County) for single family/ single family homes on acreage. All information is taken from the Multiple Listing Service.

Available Homes

# Available: 2097

# Vacant: 1001 (48%)

# Short Sale: 492 (24%)

# Bank Owned: 37 (2%)

Median Asking Price: $215,500

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Pending Sales

# Pending: 1223

Median Asking Price: $176,900

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Closed Sales – June 2011

# Closed: 657

# Short Sale: 99 (15%)

# Bank Owned: 212 (32%)

Median Sales Price: $150,000

Median Days on Market: 41

 

Closed Sales– June 2012

# Closed: 679

# Short Sale: 104 (15%)

# Bank Owned: 79 (12%)

Median Sales Price: $174,585

Median Days on Market: 24

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Boise Real Estate Market Still Going Strong!

As we settle into the dog days of summer we see the Real Estate market still going strong. July is typically a little slower due to summer vacations and the heat. While things seem to have slowed down a bit, the June numbers are showing a continuing healthy upward trend.

The number of Available Homes ticked up very slightly. This is due to an increase in new construction (hence the increase in vacant homes). Short sales are down and the number of bank owned homes is about the same from last month. However, we are seeing the asking price continue to go up (+ $7K) since last month and up from January’s $179.9K!

Pending Sales remain strong, down by just 42 with the Median Asking Price pulling back by $1K. I am expecting July Pending Sales to end strong though.

 A sign of low inventory is the Median Days on Market for sold homes. Last month it was 36 days, for June it was 24. We are looking at less than a month on market to get your home sold, not too shabby!

Number of Closed Homes was up and number of distressed properties continues going down. There was a $5K price decrease from last month but judging by the Pending Sales, I think we will see an increase in Median Sales Price for July.

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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%).

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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)

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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

Boise Real Estate Market Statistics – September 2011

The numbers are in for the Boise Real Estate Market, September 2011 and are posted below. These numbers are based on homes (single family/single family with acreage) that are for sale, pending or have sold during the month of September. The area that is included in these numbers are all in ADA County (Boise, Meridian, Eagle, Star and Kuna).

Available Homes

# Available: 2366

# Vacant: 1234 (52%)

# Short Sale: 681

# Bank Owned: 128

Median Asking Price: $184,900

The number of available home continues its decline. Last month had 2466 homes on the market. Median Asking Price is also up from August’s $179,900.

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Pending Sales

# Pending: 852

Median Asking Price: $152,300

The number of Pending Sales is down slightly from August’s 878 as is the Median Asking Price ($157K in August)

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Closed Sales- September 2010

# Closed: 515

# Short Sales: 87

# Bank Owned: 151

Median Sales Price: $158,900

Median Days on Market: 45

Closed Sales – September 2011

# Closed: 563

# Short Sales: 104

# Bank Owned: 126

Median Sales Price: $145,000

Median Days on Market: 39

September 2011 did not do as well as hoped for! while the year over year number of Closed Sales was up, the Median Sales Price was down. Actually the month over month Sales Price was down as well ($153,750 in August). The percentage of distressed properties that sold has decreased significantly since last year. September of 2010, 50% of all sales were distressed. In 2011, 43% of all sales were distressed. We need to see that number continue to come down to get back to a “normal” market.

If you would like to see what homes are currently going for in the Boise Real Estate Market, go to my web site (no sign up required): www.BoiseRealEstateChick.com

 

Canyon County Real Estate Market Statistics – July 2011

Below are the statistics for the Canyon County real estate market for July 2011. Canyon County consists of Nampa, Caldwell, Middleton and surrounding areas. These numbers are based on single family/single family with acreage from the Multiple Listing Service.

Available- July 2011

# Available: 1157

# Vacant: 539

# Short Sales: 471

# Bank Owned: 85

Asking Price: $110,000

Inventory is down from June (1216) but the Asking Price is down as well.  the number of distressed properties went up from June, which was 47% and now is 48% for July.

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Pending Sales – July 2011

# Pending: 413

Asking Price: $ 85,000

Pending Sales are down again (June-459) but the Asking Price is holding steady.

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Closed Sales – July 2011

# Closed: 275

# Short Sales: 57

# Bank Owned: 120

Median Sales Price: $80,000

Median Days on Market: 38

Well this is not pretty! Number of sales are down again as is the Sales Price (in June 326 closed at a Median Sales Price of $82,512).  Good news is that the number of distressed properties that sold was down in July to 64%  from June’s 68%. Median days on market are also down from June (42) and May (49).

Overall, the picture is still not good for Canyon County which continues to struggle to see any improvements. Since Canyon County followed Boise in the up market and now in the down cycle, we can only hope that Canyon will soon share ADA County’s improving real estate market.

If you would like to see what homes are currently going for in the Canyon County area please go to my web site (no sign in required): www.BoiseRealEstateChick.com

 

Boise Real Estate Market Statistics-July 2011

The numbers are in for the ADA County area real estate market and they continue to look pretty decent. We are actually seeing an improvement in volume of sales year over year as we try to get the Sales Price back up. All the numbers below are based on single family/single family with acreage from the Multiple Listing Service.

Available – July 2011

# Available: 2534

# Vacant: 1307

# Short Sale: 729

# Bank Owned: 108

Asking Price: $179,900

Inventory continues to go down but all other numbers are the same compared to June 2011.

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Pending Sales- July 2011

# Pending: 930

Asking Price: $163,170

Pending sales went up slightly from June’s 926 as well as a slight increase in asking price ($159,995).

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Closed Sales- July 2011

# Closed: 577

# Short Sales: 88

# Bank Owned: 127

Sales Price: $149,900

Days on Market: 39

While the number of closed sales is down from June’ s 630, the Sales Price remained relatively the same. Interestingly though, compared to July 2010 the number of closed sales is way up. July 2010 saw only 422 closings and ended an artificially inflated 2010 spring ($8k credit ).  It  was also the start of the very big slide in sales that continued to January of 2011.

Overall. the real estate market remains very stable here in the Boise area. I continue to believe that we will see year over year price improvements by October of this year. I will post Meridian numbers in a few days where we will see that Sales prices for year over year have finally met!

If you would like to see what the  available homes are going for in  your subdivision or area in the Treasure Valley, please go to my website: www.BoiseRealEstateChick.com (no sign in required). If you have any questions or comments please fee free to post them here or contact me through my website.

 

 

Boise Real Estate Market Statistics for July 1-25th 2011

With less than a week to go I thought I would take a peek at how the Boise Real Estate Market is doing. In the Available and Pending areas things look pretty stable but the Closed Sales are making me a little bit nervous. So let us take a look at the current numbers for July 2011.

Available as of July 25th

# Available: 2579

# Vacant: 1326

# Short Sale: 726

# Bank Owned: 112

Median Asking Price: $179,900

Inventory is slightly down from June’s 2583 but other than that all other categories are almost identical.

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Pending Sales-as of July 25th

# Pending: 980

Median Asking Price: $159,900

Pending sales are up from June’s 926 but as you will see in the current closed sales, we need to see more of these pending  sales become closed. Median Asking Price remains the same month over month.

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Closed Sales- July 1-25 2011

# Closed: 375

# Short Sales: 57

# Bank Owned: 84

Median Sales Price: $149,900

Days on Market: 42

We are going to need quite a few Pending Sales to close in order to catch up with June’s 630 Closed Sales. This July has been pretty quite but it would be nice to see the closed numbers get in the high 500’s. Good news is that so far the Median Sold Price is staying steady.

I will check back next week to see how the month of July finished out. Fingers crossed, we do not want to see a pullback in the market right now. We have had over four straight months of steady improvement and I would hate to see that end.

If you would like to see properties that are available or would like to know what your home is currently worth please go to my website (no sign in required): www.BoiseRealEstateChick.com to contact me for further information.

Boise Real Estate Market Statistics-Eagle, Idaho- June 2011

Below are the June 2011 real estate statistics for the Eagle, Idaho area. These numbers represent active, pending and closed sales based on information from the Multiple Listing Service for single family/single family with acreage.

Available-June 2011                                                       May 2011

# Available: 280                                                                       259

# Vacant: 118                                                                             108

# Short Sales: 57                                                                        53

#Bank Owned: 8                                                                           16

Median Asking Price: $349,900                                      $354,900

Number of Available properties is up slightly but the percentage of distressed properties is down. In May it was 27% of the Available listings and in June it was only 23%. Very nice to see this number coming down!

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Pending-June 2011                                                       May 2011

# Pending: 71                                                                             88

Median Asking Price: $319,500                                     $333,4450

Not good to see the number of Pending Sales go down, we will see how that plays out for July closing numbers. Median Asking Price went down as well….

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Closed Sales-June 2011                                           May 2011

# Closed: 49                                                                            49

#Short Sale: 3                                                                          6

# Bank Owned: 15                                                                13

Median Sales Price: $295,000                                    $292,400

Median Days on Market: 39                                             61

Number of closed was identical from last month and the number of distressed was almost the same as well. Median Sales Price inched up slightly but Days on Market dropped quite a bit.

Overall, no real movement one way or the other for the Eagle area. That can be looked at a few ways but we will try to stay positive and say that it means that there was no further decline.  The real good news though is that the number of distressed properties coming on the market continues to decrease. We need to see this in order for the market to heal!

If you would like to see homes that are currently on the market please go to my website (no sign in required): www.BoiseRealEstateChick.com , you can also contact me through the website.

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