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by Jace Stolfo
on Friday, January 22nd, 2010 at 4:48pm.
In 2009, there were about 7% more home sales in Ada County than in 2008. It was the 2nd half of 2009 that showed the strongest surge in home sales when monthly sales were as much as double the previous year. In fact, home sales from September through December were the strongest they've been since 2006. The graph below shows home sales in Ada County from 2006 through 2009.
The number of homes for sale in Ada County has dropped considerably compared to '07 & '08 (data not available in '06).
The number of foreclosures filed (Notice of Default) in Ada and Canyon counties in 2009 rose 66 percent over 2008 (Idaho Business Review).
According to IdahoDataProviders.com, 8,639 notice of defaults were filed in Ada & Canyon County in 2009 compared to 5,202 in 2008 and 2,402 foreclosures in 2007.
As today (1.22.10), 39.6% of the homes for sale in Ada County (IMLS) are listed as foreclosures (short sales or bank-owned).
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Data Source: Intermountain MLS. Information not guaranteed.