Boise Foreclosures | Market Share Declines | Jan. - Apr. 2012

Posted by Jace Stolfo on Saturday, May 19th, 2012 at 8:10am.

Boise foreclosures (short sales & bank-owned) dropped slightly in the first four months of the year, from 138 in January to 123 in April.  During this same time period, total sales in the Boise Idaho real estate market increased by 48%, from 233 in January to 347 in April. Boise Real Estate Sales - Jan-Apr 2012 As shown on the graphs below, Boise foreclosure sales for March and April 2012 were fairly steady, with 125 in March and 123 in April.   The difference is the type of foreclosure sale.  In April there were 47 bank-owned and HUD properties sold, down from 73 in March;  there were also 76 short sales in April, up from 52 in March.  In comparison, there were 159 non-foreclosure sales in March 2012 and 224 in April, an increase of 40%. Boise Real Estate Sales by Type | April 2012   Boise Real Estate Sales by Type | March 2012 As previously mentioned, foreclosures in Boise have shown a steady decline since the beginning of 2012.  Boise foreclosure sales made up 59.2% of the home sale market in January 2012; 47.8% in February and 44.0% in March.  By the end of April, the market share of Boise Idaho foreclosures was 35.4% - the lowest percentage recorded since May 2010. disclaimer

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