by Phil Hoover, Real Estate Broker

Archive for the ‘Boise Market Stats’ Category

Boise Real Estate: Pending Sales Increasing

Wednesday, June 8th, 2011 Posted in Boise Market Stats | 3 Comments »

Here’s a look at 2011 YTD pending sales statistics: January: 682 (baseline number) February: 794 (+16.4%) March: 887 (+11.7%) April: 906 (+2.1%) May: 985 (+8.7%) Pending sales are a leading indicator of future closed sales. It's a healthy sign that this upward trend is continuing as we ...

Boise, Idaho Real Estate Stats – June 2011

Monday, June 6th, 2011 Posted in Boise Market Stats | No Comments »

Here’s a snapshot of May's real estate activity for Boise, Idaho: Available Homes # Available: 2,620 # Vacant: 1,305 Vacant Percent: 49.9% Average Asking Price: $240,855 Median Asking Price: $177,000 Pending Sales # Pending: 985 Average Asking Price: $204,203 Median Asking Price: $159,900 Closed Sales – May 2010 # Closed: 673 Average Sales ...

Boise Real Estate’s Inventory Shortage

Friday, June 3rd, 2011 Posted in Boise Market Stats, Buyer Stuff, Seller Stuff | No Comments »

A couple of years ago we were awash in listing inventory. You could have your choice of a dozen, two dozen, or several dozen homes in some of our major subdivisions. As I recall, Paramount, Bridgetower, Lochsa Falls, and Two Rivers all ...

Why Some Statistics Are Bovine Compost

Friday, May 27th, 2011 Posted in Boise Market Stats | No Comments »

Both of my blog readers will attest to the fact that I'm a student of the numbers. But, some statistics are of questionable value, including: Days On Market Intermountain MLS has two fields of data for days on market. One (DOM) pertains to the ...

Boise Real Estate: Pending Sales Trending Up

Saturday, May 14th, 2011 Posted in Boise Market Stats | 1 Comment »

Here’s a look at 2011 YTD pending sales statistics: January: 682 (baseline number) February: 794 (+16.4%) March: 887 (+11.7%) April: 906 (+2.1%) Pending sales are a leading indicator of future closed sales, so this is a good trend despite the weaker April number. It will be ...
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