Homes sales moved slightly lower in the month of November but still remain strong. Total sales for the Boise area (including all of Ada County) were 533 homes. Of that number, 140 homes were new construction and 394 were existing homes.

Of the homes sold in November, 78 were short sales and 127 were foreclosed homes which indicates that we are selling off the inventory of distressed properties. According to a local company who tracks foreclosures, the number of new foreclosure starts was down 16% in Ada County last month. However, they warn that, the dip is consistent with historical trends. They expect another slight decrease in December and then a significant increase in January.

Here’s the sales numbers broken down by area:

Boise

North – 24 homes with a median price of $249,000
Northeast – 10 homes with a median price of $347,000
Southeast – 31 homes with a median price of $190,000
Bench – 29 homes with a median price of $124,000
South – 18 homes with a median price of $162,000
Southwest – 54 homes with a median price of $149,589
West – 21 homes with a median price of $140,000
West/Garden City – 42 homes with a median price of $161,000
Garden City – 1 homes with a median price of $120,000
Northwest – 32 homes with a median price of $189,000

Meridian

SE Meridian – 27 homes with a median price of $201,450
SW Meridian – 2 homes with a median price of $235,000
NE Meridian – 60 homes with a median price of $148,800
NW Meridian – 74 homes with a median price of $160,000

Eagle – 27 homes with a median price of $300,000

Star – 15 homes with a median price of $195,000

Kuna – 66 homes with a median price of $120,065

Statistics provided by Intermountain Multiple Listing Service

Posted In Blogroll, Monthly Homes Sales

This entry was posted on Friday, December 11th, 2009 at 7:47 am 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.