Boise Idaho Real Estate Market | Feb 2010

Posted by Jace

March 22, 2010

Last month there was 179 home sales in the Boise Idaho real estate market. This is up about 15% over last year. Compared to Ada County as whole (Boise, Meridian, Eagle, Kuna, & Star), sales were up 32%. The average home price in Boise Idaho was $181,919 and the median was $163,000.

Boise Idaho real estate foreclosures accounted for 43.6% of the sales (Boise short sales & Boise bank-owned properties). This is roughly level of what we’ve seen over the last 3 months but higher than the spring and summer when they accounted for 26%-33%. This trend of a higher foreclosure market share was the same last winter as there’s a reduced number of non-foreclosures sales.

Below is the Boise Idaho real estate sales by MLS area. SE & W Boise had the most sales while NE Boise had the fewest (keep in mind there are far fewer homes for sale in some areas).