Eagle, Idaho Real Estate Stats For Sept. 2007

Here’s a snapshot of September’s real estate activity for Eagle, Idaho:
Available Homes
# Available: 518
Average Asking Price: $703,873
Median Asking Price: $589,900
Pending Sales
# Pending: 48
Average Asking Price: $486,575
Median Asking Price: $347,000
Closed Sales – September 2006
# Closed: 47
Average Sales Price: $415,764
Median Sales Price: $357,000
Closed Sales – September 2007
# Closed: 11
% Change:  -76.6%
Average Sales Price: $405,611
% Change: -2.4%
Median Sales Price: $370,000
% Change:  +3.6%
Data taken from Intermountain MLS on 10/1/07 and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.

Eagle, Idaho Market Stats For August 2007

Here’s a snapshot of August’s real estate activity for Eagle, Idaho:
Available Homes
# Available: 535
Average Asking Price: $680,144
Median Asking Price: $552,450
Pending Sales
# Pending:  31
Average Asking Price: $591,113
Median Asking Price: $469,000
Closed Sales – August 2006
# Closed:  53
Average Sales Price: $452,117
Median Sales Price: $409,200
Closed Sales – August 2007
# Closed: 36
% Change:  -32%
Average Sales Price: $471,417
% Change: + 4.3%
Median Sales Price: $420,000
% Change:  +2.6%
Data taken from Intermountain MLS and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.

Eagle, Idaho Market Stats For July 2007

Here’s a snapshot of July’s real estate activity for Eagle, Idaho:
Available Homes
# Available: 514
Average Asking Price: $667,487
Median Asking Price: $549,250
Pending Sales
# Pending:  50
Average Asking Price: $544,250
Median Asking Price: $411,750
Closed Sales – July 2006
# Closed:  46
Average Sales Price: $472,797
Median Sales Price: $455,400
Closed Sales – July 2007
# Closed: 46
% Change:  No Change
Average Sales Price: $559,150
% Change:  +18.3%
Median Sales Price: $492,500
% Change:  +8.2%
Data taken from Intermountain MLS and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.

Eagle ID Real Estate Stats For June 2007

Here’s a snapshot of June’s real estate activity for Eagle, Idaho:
Available Homes
# Available: 496
Average Asking Price: $680,052
Median Asking Price: $567,250
Pending Sales
# Pending:  60
Average Asking Price: $624,690
Median Asking Price: $517,400
Closed Sales – June 2006
# Closed:  69
Average Sales Price: $418,400
Median Sales Price: $490,649
Closed Sales – June 2007
# Closed: 44
% Change: – 36.2%
Average Sales Price: $429,113
% Change: + 2.6%
Median Sales Price: $379,900
% Change: – 22.6%
Data taken from Intermountain MLS and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.

Eagle, Idaho's High-End Listing Inventory

A quick look at current MLS data for Eagle, Idaho residential listings reveals some interesting facts:

  • There are 141 homes priced above $800,000 currently for sale in Eagle, Idaho with an average asking price of $1,247,488.
  • There are 8 homes priced above $800,000 now in escrow, with an average asking price of $1,230,000 (sales prices are not reported until a transaction has closed in our MLS).
  • 18 homes above $800,000 have closed escrow year-to-date, with an average selling price of $960,764.

So ~ what does all that mean?

  • First ~ we have an absorption rate of 3.6 homes/month during 2007.
  • Second ~ we have 39+ months’ supply of homes above $800,000 in Eagle, Idaho.
  • Third ~ it is definitely a “buyer’s market” if you are buying or selling a home in Eagle, Idaho!

(data taken from Intermountain MLS on 6/4/07 and pertains to single-family residential properties on lots/acreage)