January 2013

There are 5 blog entries for January 2013.

Boise bank-owned homes dropped dramatically in 2012 when compared to 2011.  December 2012, for instance, saw just 15 REO sales.  The year before there were 66 in December.  In all, there were 1,109 bank-owned homes sold in 2011.  That's approximately 54% more than in 2012, when there were just 513.  When referring to data about bank-owned homes in Boise, HUD properties are included.

Boise Bank-Owned & Hud Sales 2011 vs. 2012

In 2011 REO sales outnumbered short sales.  But, because fewer Boise bank-owned homes are available, short sales were the more dominant type of distressed sale in 2012.  When looking at the total distressed market in Boise (short sales, bank-owned homes, HUD homes), Boise foreclosures have dropped considerably from 2011, nearly 31% in fact.  In 2012, there were 1,189

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Eagle ID real estate sales in 2012 have gone up compared to 2011.  For example, this past December there were 37 home sales.  In December 2011, there were just 26, a difference of about 30%.  The chart below shows sales for real estate in Eagle Idaho over the past two years.  With a few exceptions, each month in 2012 outperformed sales from the same month in 2011.

Eagle ID Real Estate Sales 2011 vs. 2012

Another change in the Eagle ID real estate market has been the amount of new home sales.  The past six months have been particularly strong, especially October which had 21 new home sales.  That's an 86% climb from October 2011 when there were just 3 new homes sold.  Similarly, December 2012 saw 11 more new homes sold than December 2011.  Overall there were 113 new homes sold in 2012 and

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Meridian ID bank-owned homes are down significantly compared to 2011.  In fact, December 2012 posted the lowest number this past year for REO and HUD properties with 9.  That's roughly a 72% drop from the year before.  Most months in 2012 had fewer than 20 bank-owned sales.  The chart below shows the dramatic change for sales of bank-owned homes in Meridian since 2011.  Each month in 2012 posted significantly lower numbers than the same month in 2011.

Meridian Bank-Owned & Hud Homes 2011 vs. 2012

Of the 9 Meridian ID bank-owned homes sold in December, none were in the same subdivision.  However, 6 of them were sold in Northwest Meridian.  Of the remaining three, 2 properties were sold in Northeast Meridian and the remaining one was in Southeast Meridian. The prices of those homes ranged from

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Boise real estate sales in 2012 are up from the year before, making it the 4th consecutive year of increasing transactions.  The average number of homes sold on the Boise MLS each month this past year was 323.2, and the total for 2012 was 3878.  This represents a 26% increase over 2009, and an 8% increase over 2011.  The increasing market demand has been realized in most places in Idaho, and especially Ada County.

Boise Real Estate Sales 2009-2012

For the month of December, Charter Pointe subdivision had the most homes sold in a single subdivision with 6.  In fact, they have been one of the more popular subdivisions in the Boise real estate market all year.  Attracting much of the attention to the neighborhood was that of the 96 sales in 2012, 43 were foreclosure sales (44.8%). 

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4505 W Cassia Boise, Idaho 83705

Status: SOLD

Curtis Sub

3bd/1ba + RV Parking and/or Room to Build A Shop*

Here's a great new listing in a prime location on the Boise Bench.  This 3bd/1ba home is 1128 sq/ft, and just across from Cassia Park!  Hardwood floors are throughout with a large kitchen, newer windows, and brand new roof!  For those of you needing room for R.V. parking, or potential room to build a shop, this lot has tons of space... check out the aerial photo.

The Boise Bench is a desirable area just to the south of Downtown Boise.  From this location on Cassia, you're only about a 1.5 miles to the 153 acre Anne Morrison Park, and about 3 miles to Downtown Boise.

*Buyer to verify all information.  No guarantee or warranty is made. 

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