Nampa Homes: Looking at a 4 year snapshot

By
Real Estate Agent with RE/MAX Executives Nampa, ID

Nampa Homes: Looking at a 4 year snapshot

It's interesting to see how the number of sales changes in a declining market and even more interesting to see what the average price does!

Let's take a glance at Nampa, Idaho Home Sales for the past 4 years:

Total number of single-family homes sold in Nampa Idaho in Jan. and Feb. in the following years:   

2007:     315 Homes SOLD                        Average Sales Price = $182,880

2008:     179 Homes SOLD (Down 43%)      Average Sales Price = $169,562     (Down 7%)

2009:     124 Homes SOLD (Down 31%)      Average Sales Price = $146,166     (Down 13.7%)

2010:     209 Homes SOLD (Up 68%)          Average Sales Price = $120,075     (Down 17.8%)

The number of sales is great for 2010, however we are looking for some stabilization for Nampa Home Prices.

Distressed Appraisals

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It's a fabulous time to buy homes for sale in Nampa Idaho!  With low prices, low interest rates, tax incentives and great selection, you can't go wrong! NOW is the time to buy Nampa Homes!

 

Comments (5)

1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

2010 numbers up and prices down... stabilization would be nice. 

Mar 05, 2010 02:03 PM
Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

Bring on the stabilization! It could actually happen if the banks would ACTUALLY stream-line short sales and release more foreclosure inventory!

Mar 05, 2010 02:18 PM
Don Wixom
RE/MAX Executives Nampa, ID - Nampa, ID
"Looking out for your next move..."tm

Judi, YES! With appraisers not making adjustments for distressed properties vs. traditional sales, stabilization will be difficult!

Todd & Devona, A stream-lined Short Sale process would be great!

Thanks for reading!

Mar 05, 2010 02:41 PM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Hope your average sales price under 121 is the bottom so you can stabilize! Cherise

Mar 06, 2010 01:30 AM
Don Wixom
RE/MAX Executives Nampa, ID - Nampa, ID
"Looking out for your next move..."tm

Cherise, you're not kidding! Boise is a touch higher, but we certainly need something to change soon! Thanks for stopping by!

Mar 06, 2010 01:54 AM