Tagged : Boise Id real estate

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Boise ID real estate sales remain strong as we near the end of the year. In fact, this year's total has already surpassed last year in sales. With one month of data left to collect, the total for 2012 so far is 3,612. Home sales for 2011 were just under that, at 3,588. Still, the margin will be wider once December numbers are gathered. The chart below shows the total sales each year since 2009. Sales for the Boise ID real estate market have consistently surpassed the previous year.

Boise ID Real Estate Sales 2009 - 2012

There were 316 Boise real estate sales this past November. And although numbers dipped a bit from October (342), a few areas in the Boise ID real estate market saw sales climb. SE Boise and the W. Boise-Garden City area posted higher numbers in November than Oct., 44 and

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Homes sales over this fall have been very strong but did cool considerably in December as people began focusing on the holidays. The Boise ID real estate market had about 11% more sales in December of ‘09 compared to December ‘08. There were 203 homes sales in the Boise real estate market with a median sold price of $158,650 and a average sold price of $186,128.

Total sales in the Boise ID real estate market was about even in 2009 versus 2008 with 3017 this year compared to 2996 last year. However, the distribution of these sales was quite uneven as you can see in the following graph. 2009 home sales started off very weak but ended very strong as low rates and the first-time home buyer tax credit spurred sales. In November, there was almost 50% more

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Sales in the Boise, ID Real Estate market made a nice rebound during September 2009, posting an 18% increase from the month of August.  This is largely due to buyers trying to get in before the tax credit deadline.  With 322 home sales, this is 14% more than a year ago. As shown in the graph below, September even outpaced the spring and summer months.

Total Boise ID Real Estate Sales

Many of the September sales in the Boise, ID Real Estate market were on foreclosure properties which made up 32.9% of the home sales.  Of the 106 foreclosures, 50 were bank-owned sales and 56 were Boise ID Short Sales.  This is up significantly from previous months, as can be seen in the following graph:

Boise ID Foreclosures

When broken down by area , SW Boise-Meridian led the way in September, with 54 houses

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