Eagle Idaho Real Estate Stats – August 2017

Here’s a snapshot of August’s activity for Eagle Idaho real estate.

Available Listings

# Available: 313
Average Asking Price: $618,580
Median Asking Price: $515,000
Months’ Supply: 3.8

Pending Sales

# Pending: 228
Average Asking Price: $478,775
Median Asking Price: $457,350

Closed Sales -August 2016

# Closed: 99
Average Sales Price: $471,993
Median Sales Price: $429,399

Closed Sales -August 2017

# Closed: 115
% Change: +16.2%

Average Sales Price: $452,550
% Change: -4.1%

Median Sales Price: $410,000
% Change: -4.5%

Data extracted from Intermountain MLS on 9/5/17 and pertains to Eagle Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors® (of 5,600) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

Eagle Idaho Real Estate Stats – July 2017

Here’s a snapshot of July’s activity for Eagle Idaho real estate.

Available Listings

# Available: 341
Average Asking Price: $592,074
Median Asking Price: $495,000
Months’ Supply: 4.3

Pending Sales

# Pending: 224
Average Asking Price: $481,974
Median Asking Price: $439,512

Closed Sales – July 2016

# Closed: 114
Average Sales Price: $445,918
Median Sales Price: $425,450

Closed Sales – July 2017

# Closed: 90
% Change: -21.0%

Average Sales Price: $478,309
% Change: +7.3%

Median Sales Price: $478,309
% Change: +3.3%

Data extracted from Intermountain MLS on 8/6/17 and pertains to Eagle Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors® (of 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

Eagle Idaho Real Estate Market: 2017 Mid-Year Analysis

The first half of the Eagle Idaho real estate market is now in the books.

Now is a good time to look back on the past six months’ numbers and analyze where we stand.

Current Available Listings
  • End of June 2016: 296
  • End of June 2017: 352
  • % Change: +18.9%
Pending Sales
  • End of June 2016: 205
  • End of June 2017: 208
  • % Change: +1.5%
YTD Closed Sales
  • 2016: 454
  • 2017: 451
  • % Change: -.66%
Average Sales Price:
  • 2016: $439,587
  • 2017: $488,713
  • % Change: +11.2%
Median Sales Price:
  • 2016: $408,500
  • 2017: $423,765
  • % Change: +3.7%
Takeaways
  • We have 18.9% more available listing inventory this year vs. last year.
  • We have 1.5% more current pending sales this year vs. last year.
  • We have closed almost the same number of homes this year vs. last year.
  • Our current average sales price is 11.2% higher this year vs. last year.
  • Our current median sales price is 3.7% higher this year vs. last year.
  • 29.8% of our current pending sales are To-Be-Built or Under Construction.
  • Many buyers are building custom homes to get what they want vs. settling for an existing home.
  • We have 4.3 months’ supply of available listings, which is more than double the months’ supply numbers for Ada County and Meridian.
  • To summarize, we have more listing inventory, higher sales prices, and about the same number of pending and closed sales vs. last year.

Date range is January through June of each year.

Data pertains to Eagle Idaho single-family homes on lot or acreage.

Data does not include condo or townhome properties.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only ten local Realtors® (of nearly 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

Eagle Idaho Real Estate Stats – June 2017

Here’s a snapshot of June’s activity for Eagle Idaho real estate.

Available Listings

# Available: 352
Average Asking Price: $606,201
Median Asking Price: $492,400
Months’ Supply: 4.3

Pending Sales

# Pending: 208
Average Asking Price: $488,559
Median Asking Price: $458,220

Closed Sales – June 2016

# Closed: 129
Average Sales Price: $434,385
Median Sales Price: $405,000

Closed Sales – June 2017

# Closed: 132
% Change: +2.3%

Average Sales Price: $488,713
% Change: +12.5%

Median Sales Price: $423,765
% Change: +4.6%

Data extracted from Intermountain MLS on 7/7/17 and pertains to Eagle Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors® (of 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

Eagle Idaho Real Estate Stats – May 2017

Here’s a snapshot of May’s activity for Eagle Idaho real estate.

Available Listings

# Available: 304
Average Asking Price: $602,446
Median Asking Price: $505,920
Months’ Supply: 3.8

Pending Sales

# Pending: 230
Average Asking Price: $486,788
Median Asking Price: $435,000

Closed Sales – May 2016

# Closed: 96
Average Sales Price: $442,776
Median Sales Price: $396,077

Closed Sales – May 2017

# Closed: 96
% Change: No Change
Average Sales Price: $476,250
% Change: +7.6%
Median Sales Price: $435,250
% Change: +9.9%

Data extracted from Intermountain MLS on 6/5/17 and pertains to Eagle Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors® (of 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.