RE/MAX Tops RealTrends 2012 Survey!
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Eagle Homes For Sale: Banbury Meadows Update
Here’s a breakdown of current/YTD activity for Banbury Meadows subdivision in Eagle, Idaho.
- Available: 12
- Average Asking Price: $350,691
- Median Asking Price: $337,450
- Short Sale Listings: 2
- REO Listings: 1
- Pending: 3
- YTD Closed: 9
- Average Sales Price: $320,234
- Median Sales Price: $310,000
Data extracted from Intermountain MLS on 5/3/12.
Data pertains to single-family homes on lot/acreage.
Data does not include condo/townhome properties.
Closed sales date range = 1/1/2012 thru 4/30/2012.
May 17th, 2012 Posted in Eagle Market Stats |
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Boise Real Estate: Pending Sales By Price Range
We currently have 1,241 pending sales in MLS.
That compares to 906 pending sales at the end of April 2011 ~ a stunning 37% increase!
Here’s a breakdown of those pending sales by price range:
- Under $200,000: 744 (60.0%)
- $200,000 to $299,999: 277 (22.3%)
- $300,000 to $399,999: 127 (10.2%)
- $400,000 to $499,999: 47 (3.8%)
- $500,000 and above: 46 (3.7%)
Data pertains to Ada County single-family homes on lot/acreage. Data does not include condo or townhome properties.
May 16th, 2012 Posted in Boise Market Stats |
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Multiple Offers Are Back Across The U.S.
The Boise real estate market isn’t the only place where multiple offers are occurring.
A recent Wall Street Journal article describes how multiple offers are back in various recovering real estate markets around the country.
Slim listing inventory, combined with cheap mortgage money, has created bidding wars across the country in some markets.
The result?
Homes are often selling above the asking price, buyers are forgoing inspections or seller-paid repairs, and buyers are no longer asking for seller-paid closing costs.
Gee ~ seems like yesterday that sellers were begging buyers to make an offer on their homes!
Source: Wall Street Journal article
May 15th, 2012 Posted in Inside Real Estate |
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Eagle Homes For Sale: Lexington Hills Update
Here’s a breakdown of current/YTD activity for Lexington Hills subdivision in Eagle, Idaho.
- Available: 9
- Average Asking Price: $402,494
- Median Asking Price: $358,900
- Short Sale Listings: 2
- REO Listings: None
- Pending: 3
- YTD Closed: 10
- Average Sales Price: $248,308
- Median Sales Price: $219,545
Data extracted from Intermountain MLS on 5/3/12.
Data pertains to single-family homes on lot/acreage.
Data does not include condo/townhome properties.
Closed sales date range = 1/1/2012 thru 4/30/2012.
May 14th, 2012 Posted in Eagle Market Stats |
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