by Phil Hoover, Real Estate Broker

Boise Real Estate’s REO Inventory

I am often asked about the Boise real estate market’s REO activity.

There’s a lingering perception that we remain awash in foreclosure listings, but MLS data seems to indicate that we have worked our way through most of those properties.

Here’s a breakdown of available, pending, and YTD closed REO listings.

Available Listings

  • Boise: 24
  • Meridian: 17
  • Eagle: 7
  • Kuna: 1
  • Star: 1
  • Total: 50

Pending Sales

  • Boise: 24
  • Meridian: 13
  • Eagle: 1
  • Kuna: 5
  • Star: 1
  • Total:  44

YTD Closed Sales

  • Boise: 331
  • Meridian: 141
  • Eagle: 24
  • Kuna: 51
  • Star: 21
  • Total: 568

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

 

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

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