by Phil Hoover, Real Estate Broker

Boise, Idaho Real Estate Stats For August 2008

Here’s a snapshot of August’s real estate activity for Boise, Idaho (Ada County):

Available Homes
# Available: 4,868
# Vacant: 2,433
Vacant Percent: 50.0%
Average Asking Price: $337,094
Median Asking Price: $257,750

Pending Sales
# Pending: 635
Average Asking Price: $283,201
Median Asking Price: $214,900

Closed Sales August 2007
# Closed: 656
Average Sales Price: $282,546
Median Sales Price: $235,000

Closed Sales – August 2008
# Closed: 494
% Change: -24.7%

Average Sales Price: $246,816
% Change: -12.7%

Median Sales Price: $205,000
% Change: -12.8%

Data taken from Intermountain MLS on 9/7/08 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

September 7th, 2008 Posted in About Boise, ID, Boise Market Stats Print This Post Print This Post

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