Eagle Idaho Real Estate Market | Nov. ’10

Posted by Jace

December 10, 2010

There’s currently 194 homes for sale in Eagle with 35 sales being recorded last month. Eagle real estate sales were up slightly over last year (28) and more than double from 2008 when there was just 16.

Here’s the monthly real estate sales for Eagle Idaho in 2010.

Eagle Idaho Real Estate Closings

With the current inventory levels and last months sales Eagle’s absorption rate of 5.5 months is very strong.

The majority of sales were existing homes (32) while all three new home sales were concentrated in Lakemoor subdivision.

Fifty-four percent of the Eagle Idaho real estate sales were foreclosure properties (short sale or bank-owned). This is a larger market share than over the summer but lower than early 2010. Below you can see the breakdown of closings by sale type since May ’10.