Idaho Property Finder - RESOURCES

These conditions won’t last forever!

More competition in the Boise Real Estate market breeds a better product. This usually means better prices and terms for buyers.  

According to the Boise MLS, Ada County single-family home sales were down for the first quarter of 2008.

The biggest slowdown was in new construction home sales (down 43.28% over last year for the same time period).  

These conditions favor Boise home buyers. 

 1st Quarter 2008 Ada County Data:

Existing homes sold Q1 of ‘08: 816
Existing homes sold Q1 of ‘07: 1266

Percentage Change: -35.54%

New construction homes sold Q1 of ‘08: 283
New construction homes sold Q1 of ‘07: 499

Percentage Change: -43.28%

Total Single-family homes sold Q1 of ‘08: 1,102
Total Single-family homes sold Q1 of ‘07: 1,760

Percentage Change: -37.38%

While we are still in a softer market, many Boise home sellers and builders are more eager to sell.
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I can help you with any property you find on our website.

If you would like to know more about current opportunities in the Boise housing market, you may contact me at Direct: (208) 870-7470, Toll Free: 1-877-800-8167, or by email.

Tags: Ada County homes, Boise Home Builders, Boise home buyers, Boise Home Sellers, Boise Housing Market, Boise Idaho MLS, Boise MLS Search, Boise Real Estate Market

This entry was posted on Saturday, April 12th, 2008 at 9:04 am and is filed under Idaho MLS Search, Statistics & Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.