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by Jace Stolfo
on Thursday, April 21st, 2011 at 9:40am.
As recent studies in Ada County have shown, the higher the price range, the fewer the percentage of foreclosures on the market.
The Eagle ID real estate market is no different. Near the beginning of April, there was a total of 195 home for sale in Eagle. Thirty-six percent of these were distressed properties (short sale or bank-owned). The following graph shows the percentage of foreclosures in Eagle by price class.
So far in 2011, overall real estate sales in Eagle have been about level with 2010 but up over '08 & '09.
The Eagle ID real estate market had 71 single-family home sales in the first quarter of 2011. Eight-nine percent of these were existing homes and eleven percent new homes. The Shores in Eagle ID had the largest number of new home sales with three of the eight total sales. For existing homes, Two Rivers in Eagle ID was one of the best selling neighborhoods.
If you're looking for distressed sales in Eagle, you can browse the list of Eagle ID Short Sales or sign up for a list of Eagle Bank-Owned Homes.