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by Jace Stolfo
on Friday, July 10th, 2009 at 2:48pm.
Boise real estate homes sales jumped about 16.5% over May. There were a total of 303 home sales of which 26% were Boise foreclosures. The median home price dipped just slightly to $168,250 and average down about 10% to $201,156.
The foreclosures in the Boise real estate market dropped from 38.5% just two months ago to 26.4% in June. The reduction is not from less foreclosures selling but instead an increase in "non-distressed" sales.
Most of the Boise real estate market had increased in sales including the North End, SE Boise, and South Boise. The only areas that had a decrease in sales were NE Boise , SW Boise/Meridian, West Boise, and Garden City.
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Data Source: Boise MLS (IMLS). Information not guaranteed.