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Boise ID Real Estate, Meridian ID Real Estate, Eagle ID Real Estate, Idaho City ID Real Estate, Nampa Real Estate To search all Boise area home listings click on the Idaho MLS link to the left! Median priced home in Boise, December 2008 $175,000 down from $230,000 just a few months ago. Should I buy now? Boise Real Estate. SOME Boise area homes for sale are down for the year so far. But Boise is still reported as the third fastest growing metropolitan area in at the country. Click on the detailed statistics link below for the latest recorded real estate sales statistics. Click on the link above for the most current Boise Real Estate statistics and Idaho home sale statistics. The statistics are changing by the day. That is why if you are buying you need an experienced Realtor who knows how to use the tools to do market analysis on any home you may buy. Don't rely on inexperience in a real estate market like this. Call one of the agents on Our Realtors® on the left.
November 12, 2008, CNBC reported "The National Association of Realtors said Monday that sales of existing homes fell 3.1 percent to a seasonally adjusted annual rate of 4.98 million in October, from a downwardly revised pace of 5.14 million in September. The median sales price plunged 11.3 percent from a year ago to $183,000. That was the largest year-over-year drop on records going back to 1968 and the lowest median sales price since March 2004" This is down from a peek of about $235,000. Yahoo reported "The median sales price plunged 11.3 percent from a year ago to $183,000. That was the largest year-over-year drop on records going back to 1968 and the lowest median sales price since March 2004" CNBC on its morning real estate report November 12, 2008 reported that across the country almost half of home sales were foreclosures and short sales. Sales are actually UP in the west and in the Boise area month over month. Prices have dropped and it is our experience that they are still dropping. To get the best price it is more important than ever that you have a buyer's agent who can provide you the information you need to justify your offer to sellers and seller's agents.
Overall Home Sales listed by IMLS. Link to the source: August
2008 home sale statistics.
Total active listings: 5055 Total sold homes: 494 (-24.00% to July 2007) Median home price: $210,000 (-12.28% to July 2007) Average home price: $250,340 (-10.72%to July 2007) Existing Home Sales
Total active listings: 3935 Total sold homes: 372 (-24.24% to July 2007) Median home price: $208,000 (-8.73% to July 2007) Average home price: $242,131 (-10.49% to July 2007) New Home Sales
Total active listings: 1120 Total sold homes: 115 (-27.67% to July 2007) Median home price: $214,990 (-24.83% to July 2007) Average home price: $255,039 (-18.73% to July 2007) The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. It may be adjusted in the future. Below is a report from June 8 2007 for your
comparison. FOR IMMEDIATE RELEASE: June 8, 2007 This was written by Sue Nielsen, President of the Ada County association of Realtors® and released via email to Realtors®. Boise, ID- The Kuna area led Ada County in the lowest number of days on the market for home sales in May, according to the Sold Market Analysis by the Intermountain MLS. Currently, homes are on the market an average of 52 days in Ada County, with Kuna the lowest at 33 days, followed by the Northeast Boise area at 36 days. For sellers, the increased number of days on market is simply a product of the higher inventory levels, according to ACAR President Sue Nielsen, "but our members are telling us that updated and clean homes are moving the quickest" "REALTORS® in Meridian, where homes are on the market an average of 70 days, are saying that they continue to be in a strong buyers' market with interest rates inching up and inventory unusually high. Sellers are becoming more flexible in the pricing of their properties." In May, 1953 homes were placed on the market, 8.5 percent less than the same period last year. Also in May, 739 sales closed, 7.4 percent higher than last month's numbers, but down 27 percent from last year. The highest reported median sales price in Ada County was in the Eagle area at $391,460. Nationally, the median existing single-family home price was $220,500 in April, which is 0.9 percent below a year ago, according to the National Association of REALTORS®. The median is a typical market price where half of the homes sold for more and half sold for less. "Pricing continues to be the key factor in getting your home sold in a timely manner," added Nielsen. "With the help of a professional, sellers can price their home correctly and market if for a successful outcome." The Ada County Association of REALTORS® (ACAR) is the business advocate for real estate professionals in Ada County. ACAR represents more than 4,000 REALTORS® active in all phases of real estate brokerage, management, development, and appraisal.
According to HousingTracher.net the Boise Nampa Metropolitan area's medium home price on 2-12-2007 was $267,500. Inventory over 9 months earlier is up 57%. Informed buyers get better home prices. Informed home sellers sell there homes faster for more net gain. Informed Real Estate agents help there clients do the best real estate transactions. March existing home sales statistics out 4-24-2007! Below
expectations! Closings down 9.1% in the west compared to a year ago.
Over all March 2007 existing home sales were down 8.4% from February 2007 and
down 11.3% from March 2006! These statistics are from CNBC's report
4-24-2007. On 4-24-2007 CNBC reported new home
sales UP 2.6%! For the latest Boise Idaho area home statistics click here on this button.
For January sales activity and median home sales prices for Boise and Meridian Idaho scroll down. Call a Jon Gosche Real Estate agent to help you. Please click our Realtors®. We do Real Estate right! Boise and Meridian Idaho home sales activity. Statistics from Intermountain MLS. Boise, Idaho Real Estate
Statistics January 2007. Meridian, Idaho Real Estate
Statistics January 2007.
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