You may be surprised to learn the the inventory of short Sales and Foreclosed Homes for Sale has been dropping over the last 6 months across the Boise market. Distressed properties make up the majority of inventory of the Boise Real Estate Market.
Boise Idaho Real Estate
Ada County Resale = 53.46% Distressed
| |
Homes on
the Market |
% of
Total |
| REO Property |
83 |
6.65% |
| Forclosed Property |
106 |
8.49% |
| Short Sale Homes |
446 |
35.71% |
| HUD Homes |
9 |
0.72% |
| Auction Properties |
10 |
0.80% |
| Traditional Real Estate Listings |
595 |
47.64% |
| Total |
1,249 |
100.00% |
Canyon County Real Estate Market
Canyon County Resale = 67.40% Distressed
| |
Homes on Market |
% of
Total |
| REO Property |
40 |
6.76% |
| Forclosure Property |
85 |
14.36% |
| Short Sale Homes |
260 |
43.92% |
| HUD Homes |
10 |
1.69% |
| Auction Properties |
4 |
0.68% |
| Traditional Real Estate Listings |
193 |
32.60% |
| Total |
592 |
100.00% |
source Mike Pennington, John L Scott
www.thepenningtonteam.com
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