Tagged : Ada County

There are currently 12 blog entries matching this tag.

The Ada County real estate market showed relativity strong home sales compared to a year ago.  Overall home sales were off only 8% despite the financial turmoil and fear in the markets we've seen for the last 6 weeks.

In terms of year-over-year comparison, 8% is actually the second best month we've seen since June 2006.  That follows September were home sales increased from the previous year by 18%.

Inventory continues to shrink, there are about 10% less homes for sale in Ada County than a year ago.  Most of that decrease is due to the new construction market which currently has 28% fewer listings than last year.

Both the average home price and median home price in Ada County are lower than last year.  The largest percentage change is the median

923 Views, 0 Comments.

Single Family Homes sold in Ada County rose over 19% in September 2008 compared to September 2007.  This is the first year-over-year increase since December 2005.  This follows the positive signs we saw in July and August when inventory started declining.  The market is showing signs of correction.

It's important to remember September sales are actually a reflection of activity in August as it usually takes 3 to 4 weeks to close a transaction.  With the recent financial turmoil in the news, this trend may not continue into October but we'll see.

September 2008: 497 Single Family Homes Sold

September 2007: 402 Single Family Homes Sold

I will post all the sale data when it comes out in about a week.

Data Source: Intermountain MLS. The

763 Views, 0 Comments.