With all the gloom and doom that we read about in the newspaper and hear in the news media, I thought it might be interesting to compare some statistics from the Intermountain Multiple Listing Service website. Here’s the facts for Ada County:

2002
Total homes sold 6,836
New Construction 2,211
Existing Homes 4,685

2003
Total homes sold 7,886
New Construction 2,611
Existing Homes 5,275

2004
Total homes sold 9,123
New Construction 3,123
Existing Homes 6,000

2005
Total homes sold 12,222
New Construction 4,686
Existing Homes 7,336

2006
Total homes sold 10,136
New Construction 3,707
Existing Homes 6,411

2007
Total homes sold 6,789
New Construction 1,779
Existing Homes 5,006

The fact is that homes are still selling if they’re priced right, in good condition, and in a good location. And since you can’t change “location”, you need to change the items you can – condition and price. That’s what it takes.

Posted In Blogroll, Monthly Homes Sales

This entry was posted on Monday, January 28th, 2008 at 6:31 pm and is filed under Blogroll, Monthly Homes Sales. 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.