ADA County Market Trends For October 2007 Through December 2008

Although it may not always be good news, knowing what trends are occurring in the real estate market is always valuable to the savvy buyer and seller. Here are the most recent real estate trends for ADA County in three important areas from October 2007 through December 2008: For Sale vs. Solds, Average Price for Sale & Sold Properties, and Months of Inventory.

The For Sale vs. Solds graph indicates the following: a -25% change in homes for sale, a -32% change in homes sold and a -15.2% change in homes that are pending.

The Average Price For Sale & Sold Properties graph indicates the following: a -13.2% change in average listing price and a -22.9% change in the average sold price.

The Months of Inventory graph indicates the following: a 10.3% change showing 12.9 months of inventory of homes available based on homes listed vs. homes sold.

For more detailed market data specific to an area, feel free to email me at Doug@BoiseHomeGuru.com and I will be happy to provide the market data you request.

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