by Phil Hoover, Real Estate Broker

Boise Real Estate’s Pending Sales Breakdown

Here’s a breakdown, by price range, of our current Boise real estate pending sales.

Under $200,000

  • Number Pending: 777
  • Average Asking Price: $139,583
  • Median Asking Price. $139,000
  • % of Total: 61.9%

$200,000 to $299,999

  • Number Pending: 282
  • Average Asking Price: $246,580
  • Median Asking Price. $244,950
  • % of Total: 22.5%

$300,000 to $399,999

  • Number Pending: 129
  • Average Asking Price: $346,766
  • Median Asking Price. $348,775
  • % of Total: 10.3%

$400,000 to $499,999

  • Number Pending: 39
  • Average Asking Price: $437,374
  • Median Asking Price. $430,000
  • % of Total: 3.1%

$500,000 and Above

  • Number Pending: 48
  • Average Asking Price: $522,168
  • Median Asking Price. $462,572
  • % of Total: 3.8%

Total Listings

  • Number Pending: 1,256
  • Average Asking Price: $205,599
  • Median Asking Price. $176,365

My Random Observations

  • The under-$200,000 price range remains red hot with 61.9% of total pending sales!
  • 84.4% of pending sales are under $300,000.
  • There are more pending sales in the $500,000 and above price range than in the $400,000 to $499,999 price range.

Data pertains to Ada County single-family homes on lot/acreage.  Data does not include condo or townhome properties.

 

June 27th, 2012 Posted in Boise Market Stats Print This Post Print This Post

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