Boise Real Estate | Foreclosures in Boise | Market Stats Jan. '09

Posted by Jace Stolfo on Thursday, February 11th, 2010 at 11:23am.

Boise real estate sales were up 25% compared to last month and down 14% compared to a year ago.  The median home price was $168,300 and average $193,790, both up from the previous 4 months.  There were 151 real estate sales in Boise, with the largest market share in SW Boise.

Here you can see the average and median sold price in these Boise real estate areas:

Boise MLS Area # Sold Average $ Median $
North Boise - 0100 15 $253,398 $210,000
NE Boise - 0200 7 $382,143 $335,000
SE Boise - 0300 15 $210,400 $225,000
Boise Bench - 0400 14 $152,374 $138,950
South Boise - 0500 8 $176,238 $153,450
SW Boise-Meridian - 0550 40 $165,153 $164,950
West Boise - 0600 10 $162,312 $138,000
W Boise-Garden City - 0650 26 $154,927 $140,750
Garden City - 0700 1 $90,000 $90,000
NW Boise - 0800 15 $197,656 $176,000

Foreclosures in Boise decreased from last month but the market share continued to grow as fewer non-foreclosure properties sold.  In January, 48% of the Boise real estate market were either short sale or bank-owned homes.

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