Ada County Foreclosure Market Share in Last 3 Months

Posted by Jace

March 26, 2010

In the last three months, 51% of the home sales in Ada County have been foreclosure sales. 20% were short sales and 31% were bank-owned properties.

Areas around downtown Boise, that were largely developed before the boom of ’05-’07 have a smaller percentage of foreclosures than areas on the peripheral of the county. Please keep in mind that areas with a fewer number of overall sales can more easily fluctuate in percentages.

Here’s a detailed breakdown of the Ada County foreclosure market:

Single Family Homes	Total Sold	Short Sales	Bank-Owned	Percentage
Garden City – 0700	3	0	0	0%
NE Boise – 0200	22	1	1	9%
SE Boise – 0300	93	16	18	37%
North Boise – 0100	56	12	11	41%
NE Meridian – 1020	116	20	28	41%
NW Boise – 0800	66	14	15	44%
W Boise-Garden City – 0650	116	20	31	44%
South Boise – 0500	29	6	7	45%
Boise Bench – 0400	56	5	22	48%
West Boise – 0600	43	4	17	49%
SE Meridian – 1000	47	12	12	51%
SW Boise-Meridian – 0550	113	25	41	58%
Eagle – 0900	69	14	28	61%
NW Meridian – 1030	176	39	71	63%
Kuna – 1100	75	21	27	64%
Star – 0950	34	9	16	74%
SW Meridian – 1010	12	7	4	92%
Ada County Total	1126	225	349	51%