Ada County Real Estate Stats | June 2009
July 23, 2009 by stolforealestate.com
Filed under Market Statistics
The Ada County real estate market continued to improve in June ’09. The most significant improvement is reflected in the 6.7 month absorption rate. An absorption rate shows the supply of homes at a given sales rate. This ratio is the best the Ada County real estate market has seen since April of 2007. Below you can see the Ada County absorption rate since February.
Sales where up 23% in June from May with 559 homes sold. The graph below shows the Ada County real estate sales by month since 2/09.
There were about 3700 homes for sale in Ada County verses about 5000 this time during the last two years.
Search Homes for Sale in Ada County.
Data Source: Intermountain MLS (IMLS). Information not guaranteed.
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