A 5 Year Snapshot of Boise and Nampa Home Prices
Average SOLD Nampa Idaho Home Prices:
· Nov. 2006 $184,393
· Nov. 2007 $182,754
· Nov. 2008 $162,037
· Nov. 2009 $128,479 (60% Distressed Properties)
· Nov. 2010 $108,041 (69% Distressed Properties)
About a 41% drop in Nampa Home Prices in 5 years.
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Average SOLD Boise Idaho Home Prices:
· Nov. 2006 $263,895
· Nov. 2007 $251,707
· Nov. 2008 $233,313
· Nov. 2009 $194,276 (29% Distressed Properties)
· Nov. 2010 $177,300 (42% Distressed Properties)
About a 33% drop in Boise Home Prices in 5 years.
Is this the bottom? If we wait to find out where the bottom is, it will be too late! With interest rates as crazy low as they are, for goodness sake, go buy a house!
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