2011 has come to a close and now is a great time to see what the numbers looked like for the year. These numbers are for Ada County only.
The low was in January with 340 sold. I have not provided the graphs for 2010 but am interested in comparing them year over year as well.
The low for 2010 was January as well at 285.
2010 had a high of 668 in April and 2011 saw it's high of 631 in June.
Total homes sold in Ada County for 2011 is 6262.
Total homes sold in Ada County for 2010 is 5905.
That is a total of 357 homes less in 2010 compared to 2011.
That's not nothing.
Now, compared to new construction. 744 of the 6262 homes in 2011 were new construction homes. 2010 actually had higher total number of new construction homes sold with 878.
I am actually surprised at the number of new construction homes sold both 2010 and 2011. We did have a lot of builders lose their shirts after the bust, but the there were some strong builders who have made it through and are still building and it is clear from these numbers.
Just for fun I wanted to check out 2005, the last full year of our peak. 4734 new construction homes sold in 2005 - with 11,860 total homes sold.
Wow, that puts it in perspective how different the boom versus the bust.
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