A Comparison Of Star, Idaho's August 2007 Market vs. August 2006

By
Real Estate Agent with Keller Williams Boise
Brian Brumpton

A Comparison Of Star, Idaho's August 2007 Market vs. August 2006

A comparison of August numbers against last years August shows Star is an area that decided not to participate in a market slow down.  I've broken down the major categories to give you a feel for how the market in Star, Idaho is doing. 

Total number of homes sold in Star:

Star, Idaho home sales for the month of August 2007: 21

Star, Idaho home sales for the month of August 2006: 28

Total Dollar Volume of Home Sales in Eagle:

Star, Idaho sales volume for the month of August 2007: $7,782,195

Star, Idaho sales volume for the month of August 206: $6.782.808

Average Number of Days on the Market:

Average Days On Market in Star, Idaho August 2007: 75

Average Days On Market in Star, Idaho August 2006: Data Not Available

Average Sales Price of Star Homes:

Average Sales Price of Star, Idaho Homes August 2007: $370,580

Average Sales Price of Star, Idaho Homes August 2006: $242,243

Price appreciation from August 2006 to Present: 35%

That seems completely opposite of what you may be seeing in the media.  However residence of Star, Idaho are well aware that the county tax assessor hit them for an 18% appreciation rate this year.  There has also been and influx of luxury homes being built in Star which may be skewing the data. 

If you would like more specific information regarding the homes in your immediate area visit me on the web at http://www.brianbrumpton.com/ and send me an email.  Until next time, happy selling.

 

Brian Brumpton
1065 S. Allante Place • Boise, ID 83709
Office: 208-472-8629
Direct: 208-407-3265


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