Boise Real Estate | Boise Idaho | April '09 Market Stats

Posted 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.

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
Data Source: Boise MLS (IMLS).  Information not guaranteed.

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