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Hidden Springs Idaho - Market Report 4th Quarter 2011

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Real Estate Agent with Silvercreek Realty Group

Hidden Springs Market Report 
4th Quarter 2011 (All Data Reported as of January 1, 2011)

Hidden Springs Market Statistics


 

Hidden Springs Sales (Excluding New Construction)

 

Compared to 4th quarter in previous year

 

 

# of Sales in 4th quarter 2011

Average Sale Price

Avg price per sq ft

# of Sales in 4th quarter 2010

4th quarter 2010 average sale price

4thquarter 2010 price per sq ft

% change

 

All Resales

 

9

$278,400

$95.21

23

$265,560

$93

+5%

Non-Distressed Sales

 

5

$271,340

$104.68

 

$263,166

$105

+3%

Distressed Sales (Short Sales/Bank-owned properties)

4

$287,225

$83.37

 

$266,406

$89

+7.2%

 

Hidden Springs New Construction Sales

 

Compared to 4th quarter in 2010 

 

# of Sales in 4th quarter 2011

Average Sale Price

Avg price per sq ft

# of Sales in 4th quarter 2010

4th quarter 2010 average sale price

4th quarter 2010 price per sq ft

 

New Construction

4

$338,300

$129.20

3

$425,768

$138

 

 

 In Hidden Springs, the demand for homes has continued to increase as inventories remain at a 3 year low for the neighborhood.  New construction starts are on the increase as resale opportunities remain low.

For additional information about buying or selling a home in the Hidden Springs planned unit development, please feel free to visit our Hidden Springs Idaho Home Page at contact me at (208) 284-7732.  

 

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