Boise, ID Real Estate | September ’09 Market Statistics

Posted by Jace Stolfo

October 13, 2009

Sales in the Boise, ID Real Estate market made a nice rebound during September 2009, posting an 18% increase from the month of August. This is largely due to buyers trying to get in before the tax credit deadline. With 322 home sales, this is 14% more than a year ago. As shown in the graph below, September even outpaced the spring and summer months.

Total Boise ID Real Estate Sales

Many of the September sales in the Boise, ID Real Estate market were on foreclosure properties which made up 32.9% of the home sales. Of the 106 foreclosures, 50 were bank-owned sales and 56 were Boise ID Short Sales. This is up significantly from previous months, as can be seen in the following graph:

Boise ID Foreclosures

When broken down by area , SW Boise-Meridian led the way in September, with 54 houses sold. There was an increase in houses sold in all but two sectors of the Boise, ID Real Estate market. The graph below shows how many houses were sold in the different areas of Boise:

Boise ID Sales By Area