May 2014 Statistics for Ada County Idaho

By
Real Estate Agent with John L Scott Boise Real Estate

 

The following are May 2014 Single Family Home Sales Statistics for Ada County.  They are broken up by Resale, New and County.  Canyon County coming tomorrow.

 

Ada County

 

There are almost 1000 more listings this year then same period last year.  Only 21 more sales then last year, but most importantly average price sale price is up $13,000. The buyers are there purchasing, lurking waiting to strike, but waiting for the right house for them. 

 

The average list price is almost $71,000 higher than a year ago.  This shows that more higher end homes have come on the market.  They are also the homes staying longer on market, which distorts the average days on market.   Homes under $200,000 are averaging half this time on market.

 

New home sales are up, with inventory increasing the buyers have many more choices than year ago.  The average new home price has increased to over $312,266, which is almost a $15,000 increase to year ago. 

 

 

 

RESALE SF

 

ADACounty

                2680               

TotalActiveResidentialListings

                1893               

ComparedtoLastYearatthisTime

 

    $              293,092.00 

 

AverageListPrice

    $              221,216.00 

ComparedtoLastYearatthisTime

 

                  47                 

AverageMarketTime

                  46                 

ComparedtoLastYearatthisTime

 

             125.60%            

ListPricetoSalesPriceRatio

             100.21%            

ComparedtoLastYearatthisTime

 

                2335               

NumberofResidentialSalesYeartoDate

                2314               

ComparedtoLastYearatthisTime

 

             $233,351            

AverageResidentialSalesPrice

             $220,759            

ComparedtoLastYearatthisTime

 

                 2.39                

HowManyMonthsofInventoryisThere

                  2.1                 

ComparedtoLastYearatthisTime

 

 

 

 

NEW SF

 

ADACounty

                767               

TotalActiveResidentialListings

                520               

ComparedtoLastYearatthisTime

 

  $               294,371.00

 

AverageListPrice

 

  $               293,845.00

 

ComparedtoLastYearatthisTime

 

                 77                

AverageMarketTime

                 61                

ComparedtoLastYearatthisTime

 

             94.27%           

ListPricetoSalesPriceRatio

             98.84%           

ComparedtoLastYearatthisTime

 

                546               

NumberofResidentialSalesYeartoDate

                636               

ComparedtoLastYearatthisTime

 

 

 

           $312,266          

AverageResidentialSalesPrice

           $297,288          

ComparedtoLastYearatthisTime

 

               2.55              

HowManyMonthsofInventoryisThere

               3.29              

ComparedtoLastYearatthisTime

 

 

 

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