by Phil Hoover, Real Estate Broker

Boise Real Estate’s Cash Buyers

I keep hearing about all of the investors who are paying cash for homes in the Boise real estate market, so I decided to drill into our Intermountain MLS data and see if it’s true.

Here’s a breakdown of YTD all-cash sales for Ada County.

Total Closed Sales

  • # Closed Sales: 3,485
  • Cash Sales: 685 (19.7% of total sales)

Under $200,000 Sales

  • # Closed Sales: 2,250
  • Cash Sales: 515 (22.9%)

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

YTD = First six months of 2012.

 

July 30th, 2012 Posted in Boise Market Stats Print This Post Print This Post

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