Hidden Springs 4th Quarter 2013 Resale Market Data

By
Real Estate Sales Representative with Group One Sotheby’s International Realty

Hidden Springs Idaho Real Estate -

Market Report (4th Quarter 2013)

Click for Hidden Springs New Construction Report - 4th Quarter 2013

  

    About Hidden Springs Idaho  Hidden Springs Boise Homes for Sale  Contact Eva Hoopes

 

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).

October 1 - December 31 2013

 HIDDEN SPRINGS CLOSED SALES

In Hidden Springs, for the past 3 months there have been 14 closings of resale homes, with an average of 4.66 closings per month.

The average sale price of all existing home sales in Hidden Springs for the 3rd quarter was $322,647 ($122.31 per square foot).  Average days on the  market for all existing homes sold was 81 days.

 HIDDEN SPRINGS PENDING SALES

 1)      There are currently 3 pending sales in Hidden Springs, with an average sale price of $466,600 ($142 per foot per the list price).  Average days on the market equal 141.     

 HIDDEN SPRINGS ACTIVE LISTINGS

 1)      There are currently 13 active listings in Hidden Springs.  Based on the past 3 month sale history, this equates to a 2.8 month supply of homes, which we designate as a strong seller's market.  Average listing price is $436,184 ($130 per square foot).  Average days on the market equal 109

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

www.LivingInHiddenSprings.com

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Eva Hoopes

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