by Phil Hoover, Real Estate Broker

Boise, Idaho Real Estate Stats For October 2008

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

Available Homes
# Available: 4,562
# Vacant: 2,372
Vacant Percent: 52.0%
Average Asking Price: $324,507
Median Asking Price: $246,700

Pending Sales
# Pending: 508
Average Asking Price: $255,455
Median Asking Price: $199,900

Closed Sales October 2007
# Closed: 480
Average Sales Price: $221,779
Median Sales Price: $229,213

Closed Sales – October 2008
# Closed: 422
% Change: -12.1%

Average Sales Price: $244,914
% Change: +10.4%

Median Sales Price: $200,000
% Change: -12.7%

Data taken from Intermountain MLS on 11/7/08 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

November 8th, 2008 Posted in About Boise, ID, Boise Market Stats Print This Post Print This Post

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