Tagged : ada county foreclosures

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Real estate sales started off on a strong note in Ada County this year. As you can see in the graph above 406 homes sold in January 2014, a 12% increase from January of last year.   Historically, January is noted for one of the lowest sales of the year; usually rising until it peaks through the summer months. Last year, July had the highest sales; right at the peak of the heat summer of '13. It will be exciting to see how 2014 reflects new increases in real estate sales as the season transitions through spring and summer.
The Ada County foreclosure rate is also continually dropping. As you can see in the graph below foreclosures dropped 14% from last year; foreclosures only accounted for 11.6% of total real estate sales. The…
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In the last three months, 51% of the home sales in Ada County have been foreclosure sales. 20% were short sales and 31% were bank-owned properties.

Areas around downtown Boise, that were largely developed before the boom of '05-'07 have a smaller percentage of foreclosures than areas on the peripheral of the county.  Please keep in mind that areas with a fewer number of overall sales can more easily fluctuate in percentages.

Here's a detailed breakdown of the Ada County foreclosure market:

Single Family Homes Total Sold Short Sales Bank-Owned Percentage
Garden City - 0700 3 0 0 0%
NE Boise - 0200 22 1 1 9%
SE Boise - 0300 93 16 18 37%
North Boise - 0100
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