by Phil Hoover, Real Estate Broker

Interesting Boise Real Estate Stats

  • 1.8% of all U.S. homes are IN foreclosure (which means 98.2% are NOT!)
  • 33% of all owner-occupied homes don’t even have a mortgage!
  • 18% of all U.S. mortgages are upside with 2/3 of them located in 7 states (Arizona, California, Florida, Nevada, Ohio, Michigan, Georgia)
  • 2.8% of all U.S. mortgages are three or more months in arrears.
  • There are 18.6 million vacant homes in the U.S. now.
  • 54.4% of all Ada County homes for sale are vacant
  • Average Ada County agent sold 1.6 homes in 2008
  • Ada County average price = $311,607
  • Ada County median price = $234,900

Sources: Title Solutions, Inc./Intermountain MLS

Average and median prices are for January closed sales of single-family residences on lot/acreage and do not include condo or townhome properties.

February 10th, 2009 Posted in Combined Market Stats, Inside Real Estate Print This Post Print This Post

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