Boise Real Estate | August '09 | Market Stats

Posted by Jace Stolfo on Wednesday, September 16th, 2009 at 5:40pm.

Home sales cooled slightly for the Boise real estate market with sales down about 12% compared to last month.   However, Ada County sales overall all were up 10% from last month and 16% from a year ago.  The graph below shows the Boise real estate sales over the last 5 months.

Boise Real Estate Sales

Currently, there's 2168 homes for sale in Boise.  At the August sales rate, that's about an 8 month supply.  A balanced market would be reflected by a 5 or 6 month supply.  The Boise foreclosure market made up 29% of home sales in August.   See graph below:

Boise Idaho Foreclosure Market

As you can see in the chart below, most of the Boise real estate sales were in SE & SW Boise.

Boise Real Estate Chart

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Data Source: Boise MLS. Information not guaranteed.

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