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Boise Idaho Real Estate Report July 2012

The Real Estate Market in Boise Idaho is a dynamic industry. There are several types of homes for sale from used homes to new homes for sale, building lots and distressed property including short sales, foreclosures, Bank Owned Properties and properties being auctioned

Boise Idaho Real Estate Report

Ada County

Boise, Eagle, Kuna, Meridian, Star

Boise Home Sales Report

	July 2012	July 2011	June 2012
Idaho MLS Listings	2,161	2,538 (-377)	2,054 (+107)
Total Used Homes Listed For Sale	1550	1906	1482
Total New Homes Listed for Sale	611	632	572

Existing Homes Sold	503	503 (No Change)	567 (-64)
New Homes Sold	130	77 (+53)	123 (+7)

Average Sales Price of Boise Homes

	July 2012	July 2011	June 2012
Overall	$205,139	$184,015	$208,906
Existing Homes	$196,102	$176,748	$199,544
New Homes	$243,974	$231,488	$252,063

Source: Intermontain MLS

The Boise Real Estate Market continues to gain momentum with additional new listings since June 2012. This may indicate more people are looking to sell their house and that home sellers expect to get more from their house.

The average sales price of new homes is relatively the same though new home values were up.

New home sales were strong in July up 40% from the previous year but relatively the same from a year ago.

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Posted by tlangford at 8/13/2012 1:32:00 AM

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