Boise Real Estate Blog

Boise Homes For Sale: MLS Area 0600 (West Boise)

philhoov — Mon, 06 Feb 2012 16:34:20 +0000

Here’s a breakdown of our current West Boise listing inventory.

Total Available: 79
Average Asking Price: $141,708
Median asking price: $129,900
Short Sale Listings Available: 27
Real Listings Available: 52
REO Listings Available: 7
Months’ Supply (all listings): 2.8
Months’ Supply (real listings): 1.8

Data extracted from Intermountain MLS on 2/4/12.

Data pertains to single-family homes on lot/acreage; data does not include condo/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Copyright © 2012 Boise Real Estate Blog. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact Phil@PhilHoover.com so we can take legal action immediately.

On The Road Again: Cannon Beach, Oregon

philhoov — Sun, 05 Feb 2012 15:58:55 +0000

We spent four days at one of our favorite places last week ~ Ocean Lodge at Cannon Beach, Oregon.

We stayed in Room #112, our favorite ground floor room just a few steps from the beach.

Our intent was to experience the coast during a raging Winter storm, but instead, we had excellent weather.

Oh well!

Ocean Lodge

Beach Access

Haystack Rock

Is Housing The New 3rd Rail of Politics?

philhoov — Sat, 04 Feb 2012 15:36:57 +0000

Social Security reform used to be considered the 3^rd rail of politics.

Touch that rail and your campaign was dead if you were running for office.

Now, housing seems to have replaced Social Security as the 3^rd rail of politics.

Why aren’t any of the presidential candidates talking about solutions for our struggling national housing industry?

Do the candidates think the issue is unimportant?

Or, is it because they can’t come up with any solutions?

It should be apparent to everyone by now that low interest rates alone will not propel our housing market back to health.

How about some ideas, guys?

Boise Homes For Sale: MLS Area 0500 (South Boise)

philhoov — Fri, 03 Feb 2012 15:00:58 +0000

Here’s a breakdown of our current South Boise listing inventory.

Total Available: 52
Average Asking Price: $188,258
Median asking price: $160,945
Short Sale Listings Available: 23
Real Listings Available: 29
REO Listings Available: 1
Months’ Supply (all listings): 1.9
Months’ Supply (real listings): 1.0

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Boise Homes For Sale: MLS Area 0400 (Boise Bench)

philhoov — Thu, 02 Feb 2012 15:00:31 +0000

Here’s a breakdown of our current Boise Bench listing inventory.

Total Available: 91
Average Asking Price: $187,073
Median asking price: $119,900
Short Sale Listings Available: 46
Real Listings Available: 45
REO Listings Available: 3
Months’ Supply (all listings): 2.4
Months’ Supply (real listings): 1.2

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Boise Homes For Sale: MLS Area 0300 (SE Boise)

philhoov — Wed, 01 Feb 2012 15:00:49 +0000

Here’s a breakdown of our current Southeast Boise listing inventory.

Total Available: 126
Average Asking Price: $235,189
Median asking price: $209,445
Short Sale Listings Available: 25
Real Listings Available: 101
REO Listings Available: 5
Months’ Supply (all listings): 3.5
Months’ Supply (real listings): 2.8

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Boise Homes For Sale: MLS Area 0200 (NE Boise)

philhoov — Tue, 31 Jan 2012 15:00:05 +0000

Here’s a breakdown of our current Northeast Boise listing inventory.

Total Available: 74
Average Asking Price: $465,815
Median asking price: $314,800
Short Sale Listings Available: 9
Real Listings Available: 65
REO Listings Available: 1
Months’ Supply (all listings): 4.7
Months’ Supply (real listings): 4.1

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Boise Homes For Sale: MLS Area 0100 (North Boise)

philhoov — Mon, 30 Jan 2012 15:00:58 +0000

Here’s a breakdown of our current North Boise listing inventory.

Total Available: 114
Average Asking Price: $412,651
Median asking price: $294,000
Short Sale Listings Available: 17
Real Listings Available: 97
REO Listings Available: 4
Months’ Supply (all listings): 4.1
Months’ Supply (real listings): 3.5

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

Boise Homes For Sale: Listing Inventory Analysis Series

philhoov — Sun, 29 Jan 2012 16:46:09 +0000

As I have previously posted, I prepare my Ada County Real Estate Market Review of the prior year each January.

This exhaustive 547-line Excel spreadsheet helps me to understand the details of what is happening in the Boise real estate market.

Starting tomorrow, I will be posting details of our current MLS listing inventory, complete with average/median prices, short sale listings, REO listings, and months’ supply ~ broken out by MLS area.

Enjoy!

Craigslist Rental Scam Hits Boise

philhoov — Sat, 28 Jan 2012 15:37:51 +0000

Intermountain MLS has cautioned its members after learning about a Craigslist rental scam that occurred here in Boise.

Information about a home listed for sale in MLS was scraped from a real estate agent’s website and posted on Craigslist as a home for rent.

The ad said the owner was out of the country, wanted to rent the home, and that the keys would be sent upon receipt of the security deposit.

The renter sent their deposit and, unfortunately, the keys were not sent.

Be careful when responding to Craigslist ads about real estate.