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by Jace Stolfo
on Wednesday, May 6th, 2009 at 4:28pm.
The Boise real estate market had 213 home sales, up from 199 in March. The increase in home sales seemed to be spurred by the $8000 tax credit, interest rates, home prices and the historical increase of sales during the spring.
The majority of the Boise real estate sales were in the lower price ranges with a median sale price of $163,000. The highest median price was in NE Boise at $265,000 and lowest in Garden City ($122,000) and the Boise Bench ($127,500).
The area of Boise where homes were selling most quickly was in the North End at only 55 average day's on market. North West Boise had the higest day's on market with 132.
The Boise real estate foreclosure market (short sales or bank-owned) made up 39% of the home sales. This is down slightly from the 46% in March.
The spreadsheet below gives an overview of the Boise real estate activity for April. If you're looking for specific numbers on a Boise subdivision or have other questions feel free to email me.