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by Jace Stolfo
on Wednesday, August 19th, 2009 at 8:40pm.
The Boise Idaho real estate market had another strong month in July with 309 homes sales. This is about twice the number of homes that were selling 6 months ago and slightly more than a year ago. Boise short sales and Boise bank-owned homeshad the 4th consecutive month of decreasing market share (25.6% verses 38.5% in April). The number of Boise Idaho foreclosure sales has stayed about the same but there's been a large increase in "non-distressed" sales.
Below is a breakdown for the Boise Idaho real estate market by Boise MLS area. The largest increase was in West Boise were home sales surged from 11 last month to 27 in July.
The average sold price in Boise Idaho was about $198,000 and median about $170,000. The market price on Boise Idaho foreclosures has seem to stabilize over the last three months. Many of the bank-foreclosures will receive multiple offers within the first few day's of being on the market.
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Data Source: Boise MLS. Disclaimer: Information not guaranteed and no representation or warranty of any kind is made.