by Phil Hoover, Real Estate Broker

Boise Homes For Sale: Vacant Homes

I’m often asked why there are so many vacant homes in MLS.

We currently have 1,685 single-family homes for sale in Ada County.

958 (56.9%) of them are vacant.

This seems shocking until you realize:

  • 247 of them are “To Be Built” (non-existent phantom listing inventory).
  • Another 133 homes are “Under Construction”.

Thus, only 578 (34.3%) of them are vacant existing homes.

It’s always interesting to understand the underlying details of real estate statistics! :)

 

February 11th, 2013 Posted in Boise Market Stats Print This Post Print This Post

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