Tag: Boise foreclosures
The Boise Market Today
by admin on Nov.27, 2009, under Uncategorized
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October 2009 Market Statistcs
Main / Market Insight
More Activity! New contracts written (pendings) in October were 79% higher this year than last year in Ada County and 105% higher in Canyon County. It continues to be difficult to get those new contracts closed as almost half have been falling out. Despite the difficulty in getting new contracts closed, closings in October were 41% higher in Ada County than last October and 61% higher in Canyon County. New Construction in Canyon county remains down but pending transactions for new construction in Ada County increased 46% compared to last October while closings increased 37%. The median price of new construction closings in Ada County in October was $147,400, 45% below the median price of a new home which closed in 2007.
More Activity!
New contracts written (pendings) in October were 79% higher this year than last year in Ada County and 105% higher in Canyon County. It continues to be difficult to get those new contracts closed as almost half have been falling out.
Despite the difficulty in getting new contracts closed, closings in October were 41% higher in Ada County than last October and 61% higher in Canyon County.
New Construction in Canyon county remains down but pending transactions for new construction in Ada County increased 46% compared to last October while closings increased 37%. The median price of new construction closings in Ada County in October was $147,400, 45% below the median price of a new home which closed in 2007.
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