Resale Homes Sold in Ada County - Data
Resale Home Sales in Ada County
In the Idaho Real Estate Market, the price of a home plays a large role in how quickly it will sell. Take a look at how Idaho RESALE homes did in Ada County, by price range:
Idaho Resale Home Sales by Price Range
| Price Range | Total Current Active Listings | Sold in Last 30 Days | Ratio of Sold/Active | Average Days on Market |
| $120,000- $159,999 | 278 | 54 | 19.4% | 66 |
| $160,000- $199,999 | 705 | 83 | 11.7% | 55 |
| $200,000- $249,999 | 641 | 46 | 7.1% | 74 |
| $250,000- $299,999 | 436 | 32 | 7.3% | 91 |
| $300,000- $399,999 | 532 | 22 | 4.1% | 56 |
| $400,000- $499,999 | 258 | 15 | 5.8% | 70 |
| $500,000- $599,999 | 149 | 4 | 3.3% | 97 |
| $1,000,000 & Up | 107 | 4 | 3.7% | 182 |
The above information is all resale sales in Ada County Idaho obtained from IMLS for Feb 2008.
It’s not surprising the lower price ranges are the strongest. Homes under $200,000 are more affordable and have a larger pool of buyers.
I’m betting the numbers for March and the summer months will be much stronger for the Idaho housing market.
If you are an Idaho home seller in the resale market, pay attention to the average number of days on the market. If you see that your home is sitting on the market without activity longer than the above numbers, you probably want to make some changes to stay competitive with other sellers.
I will follow-up with data for Idaho New Construction market.
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Tags: Ada County Home Sales, Boise Idaho Real Estate Agent, Idaho Resale Homes