Boise Real Estate Blog

Boise, Idaho Real Estate Stats – November 2009

Here’s a snapshot of November’s real estate activity for Boise, Idaho (Ada County):

Available Homes
# Available: 3,699
# Vacant: 1,987
Vacant Percent: 53.7%
Average Asking Price: $256,838
Median Asking Price: $185,000

Pending Sales
# Pending: 646
Average Asking Price: $218,644
Median Asking Price: $173,950

Closed Sales – November 2008
# Closed: 299
Average Sales Price: $236,119
Median Sales Price: $185,000

Closed Sales – November 2009
# Closed: 579
% Change: +93.7%

Average Sales Price: $190,688
% Change: -19.2%

Median Sales Price: $157,900
% Change: -14.7%

Data taken from Intermountain MLS on 12/5/09 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

December 8th, 2009 Posted in Boise Market Stats |

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Meridian, Idaho Real Estate Stats – November 2009

Here’s a snapshot of November’s real estate activity for Meridian, Idaho:

Available Homes
# Available: 1,017
# Vacant: 637
Vacant Percent: 62.6%
Average Asking Price: $208,369
Median Asking Price: $177,900

Pending Sales
# Pending: 203
Average Asking Price: $196,266
Median Asking Price: $183,490

Closed Sales – November 2008
# Closed: 85
Average Sales Price: $206,954
Median Sales Price: $175,750

Closed Sales – November 2009
# Closed: 178
% Change: +109.4%

Average Sales Price: $177,740
% Change: -14.1%

Median Sales Price: $161,456
% Change: -8.1%

Data taken from Intermountain MLS on 12/5/09 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

December 8th, 2009 Posted in Meridian Market Stats |

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Eagle, Idaho Real Estate Stats – November 2009

Here’s a snapshot of November’s real estate activity for Eagle, Idaho:

Available Homes
# Available: 348
# Vacant: 144
Vacant Percent: 41.4%
Average Asking Price: $476,164
Median Asking Price: $374,250

Pending Sales
# Pending: 50
Average Asking Price: $485,373
Median Asking Price: $380,063

Closed Sales – November 2008
# Closed: 20
Average Sales Price: $432,170
Median Sales Price: $425,000

Closed Sales – November 2009
# Closed: 33
% Change: +65.0%

Average Sales Price: $348,985
% Change: -19.3%

Median Sales Price: $309,750
% Change: -27.1%

Data taken from Intermountain MLS on 12/5/09 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

December 8th, 2009 Posted in Eagle Market Stats |

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Boise Real Estate Statistics To Munch On

64.9% of closed YTD Ada County home sales were under $200,000.

13.1% of Closed YTD Ada County home sales were over $300,000.

Statistics pertain to single-family homes on lot or acreage and do not include condo or townhome properties.

December 7th, 2009 Posted in Boise Market Stats |

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Sometimes I Dream

Sometimes I dream of offering ala carte fees for each service I provide.

And, when I dream, I wonder what it would be like to get paid for:

Each home I show to a buyer (with fond memories of the buyer I showed 200 homes ).
Each listing proposal I present to a seller who thinks I’m “negative”.
Each home I preview for a buyer.
Each home inspection I arrange and attend.
Each negotiation over price, terms, closing date, possession, personal property included/excluded, and home inspection repairs that I successfully conclude.
Each document I prepare.
Each document I review.
Each question I answer.
Each phone call I return.
Each e-mail I reply to (with fond memories of the buyer who exchanged 565 e-mails with me, then bought one of the homes I recommended from another agent).
Each home I photograph.
Each virtual tour I prepare.
Each flyer I prepare/print.
Each closing I attend.
Each time I tell the truth, even it’s to my detriment.

Most of all, I dream of getting paid for my services when I provide them instead of only getting paid if and when a transaction closes.

If I could get paid for each service I provide, when I provide it, I wouldn’t have to charge a percentage-based commission and listen to people complain about my fee.

But, for now, I must stick with the existing system, regardless of how flawed it may be.

I must settle for getting paid only for results.

Which is, perhaps, as it should be.

November 23rd, 2009 Posted in Inside Real Estate |

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