Boise Real Estate Stats | April 2009

Posted by Jace

May 6, 2009

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.

Boise Real Estate	# Sold	Average Price	Median Price	DOM
North Boise – 0100	14	$286,293	$219,750	55
NE Boise – 0200	8	$280,438	$265,350	83
SE Boise – 0300	27	$233,526	$215,000	110
Boise Bench – 0400	28	$145,304	$137,500	76
South Boise – 0500	14	$199,238	$180,625	81
SW Boise-Meridian – 0550	42	$171,136	$159,914	86
West Boise – 0600	18	$160,808	$142,450	90
W Boise-Garden City – 0650	40	$173,426	$155,950	86
Garden City – 0700	2	$121,950	$121,950	72
NW Boise – 0800	20	$200,093	$170,450	132