Hidden Springs Idaho Real Estate - Market Report (3rd Quarter 2013)

Hidden Springs Idaho Real Estate -

Market Report (3rd Quarter 2013)

Click for Hidden Springs New Construction Report - 3rd Quarter 2013

Hidden Springs, Boise, Idaho Real Estate Market Report

Quarterly Update Hidden Springs, Boise Real Estate Activity  (Existing Homes - Excludes New Construction.  Click to read New Construction Sales Reports for Hidden Springs).

July 1 2013 - September 30, 2013

 HIDDEN SPRINGS CLOSED SALES

In Hidden Springs, for the past 3 months there have been 15 closings of resale homes, with an average of 5 closings per month (see New Construction Sales Hidden Springs - 3rd Quarter Report)

The average sale price of all existing home sales in Hidden Springs for the 3rd quarter was $337,320 ($119.32 per square foot).  Average days on the  market for all existing homes sold was 61 days.

Sale data for the same quarter in 2012 reflects a 20% increase in the number of sales and a 15.4% increase in the average sale price.

 HIDDEN SPRINGS PENDING SALES

 1)      There are currently 7 pending sales in Hidden Springs, with an average sale price of $311,086 ($127 per foot per the list price).  Average days on the market equal 77.     

 HIDDEN SPRINGS ACTIVE LISTINGS

 1)      There are currently 16 active listings in Hidden Springs.  Based on the past 3 month sale history, this equates to a 3.2 month supply of homes, which we designate as a strong seller's market  Average listing price is $425,368 ($131 per square foot).  Average days on the market equal 97.

2)      OTHER NOTES

On average, homes in Hidden Springs have sold at 97% of the asking price for the past quarter. 

The past quarter sales were only 14% distressed sales. 

87% of all of the homes sales in Hidden Springs for the past quarter have sold under $450,000.  In contrast, 40% of the current inventory is listed over $450,000 which I believe is equating to longer days on the market. 

For additional information about Hidden Springs current homes for sale, visit http://www.realestateboiseid.com/Hidden_Springs_Idaho/page_2408271.html

 I specialize in Hidden Springs properties, including bare ground, new construction and resale homes.  For moe information about the community and current and upcoming inventory, feel free to contact me at (208) 284-7732. 

 A website devoted to Hidden Springs events and market data can be found at