The Boise Valley

I've just updated the "Local Market Reports" page on my website, TheBoiseValley.com.  Below i've put together some "average" data of Canyon and Ada counties.  Please keep in mind that this is not very "specific" data and there can be some significant differences between the two counties, various cities, areas, neighborhoods, price points, ect...remember "All Real Estate is LOCAL"!  If you need a better breakdown you can download the reports from the "Local Market Reports" page or just contact me and I can put together a report with as much or little specificity as required.  I will post updated data around the middle of each month and will post "quarterly" data as it comes in.

• Average rolling Monthly sold Price: -1.65%
• Monthly sold Volume (6 months): 374
• Inventory (12 months): 9.8 months

According to Realtytrac, The Boise Valley was in the top three metro areas with increases, over the past year, in foreclosures.  Specifically, third quarter foreclosures are projected to be 4,157, or 1.76% of the market (that's 1 in 57!).  This represents a surge of 22.16% over the same quarter from last year and moves into the top 20 in the nation.  The national average is projected to be .73% which represents an increase of 22.5%.
CLICK HERE for the entire article from RealtyTrac.