Boise Real Estate: 2012 YTD Closed Sales By Property Age
Here’s a breakdown of our 2012 YTD closed home sales by property age.
Property Age
- To Be Built: 53 (1.1% of total)
- Under Construction: 290 (5.9% of total)
- New-Never Occupied: 591 (12.0% of total)
- Under 1 Year: 17 (.34% of total)
- 1-5 Years: 382 (7.7% of total)
- 6-10 Years: 973 (19.7% of total)
- 11-20 Years: 1,040 (21.0% of total)
- 21-30 Years: 355 (7.2% of total)
- 31-50 Years: 672 (13.6% of total)
- 50+ Years: 571 (11.6% of total)
- Total Closed 2012 YTD Sales: 4,944
Data pertains to Ada County single-family homes on lot or acreage. Data does not include condo or townhome properties.
September 14th, 2012 Posted in Boise Market Stats
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4 Responses to “Boise Real Estate: 2012 YTD Closed Sales By Property Age”
By Chris G on Sep 14, 2012
This is some new and interesting data…thanks! (Not sure what it tells me, but it’s thought-provoking.)
By philhoov on Sep 15, 2012
I thought it was interesting to see the ages of the properties that are selling nowadays.
Those “under construction” and “new, never occupied” numbers didn’t exist 3-4 years ago.
I also thought it was interesting that there were so few “to be built” (build jobs) in the data.
I think many build jobs never show up in MLS data.
By Steve on Sep 15, 2012
I find it interesting that so many old homes were sold. Alot more than I thought there would be. Thanks Phil.
By philhoov on Sep 15, 2012
Hi Steve ~
Yeah, I was surprised at that too.
And, I was also very surprised at the meager number of “to be built” homes, but I think that’s because many of those never get listed in MLS.