Ada County Real Estate | September 2009 Market Statistics

The Ada County real estate market had a 20% increase in sales in September compared to the previous year.  In fact, this was the 2nd highest month of home sales since August 2007.  This of course was largely due to first-time home-buyers trying to get in before the end the tax credit program (currently scheduled to expire 11/30/2009).   The graph below shows total home sales for the past five months in the Ada County real estate market:

The last four months have all had sales higher than the previous year. The graph below shows how the monthly sales in the Ada County real estate market have changed from the same month the previous year.

The following graph compares new and existing home sales for the past five months in the Ada County real estate market.  New home sales in September were the highest they’ve been in over a year.

Data source: MLS (IMLS).  Information not guaranteed.

Ada County Real Estate | Aug. ’09 | Foreclosures

Foreclosures in the Ada County real estate market rose slightly from 33% in July to 35% in August. Bank-owned homes made up 20% of sales, and short sales made up 15%.

In the Ada County real estate market, Eagle had the highest foreclosure percentage at 53% and Kuna had the lowest at 24%.

In August, the average home price in the Ada County real estate market was $204,200 and the median home price was $172,500. Home sales in the Ada County real estate market dipped from 559 in  June to 510 in July, but have come back up a bit  with 567 sales in August.

Information deemed reliable but not guaranteed.