Ada County Real Estate up 18.6% over 2014!

By
Real Estate Agent with Progressive Realty (Boise Idaho) www.Progressive-Realty.info DB-17066

Did you know that in Ada County (Boise Idaho) in March, we closed 108 more single family residential homes in 2015 than we did in March of 2014?

In Ada County, for March of 2014, 580 single family homes closed according to statistics obtained via the Intermountain MLS.  In March of 2015, that number jumped to 688 homes closed in Ada County.  That is an 18.6% increase in real estate sales over 2014.

Based on current inventory and last months sales volume, we only have about 2.3 months of inventory (when you take out To Be Built new homes and homes that already have contingent or pending offers).

In this type of hyperactive market, it is imperative that your Realtor be tech savy, available and continuously analyzing the market conditions.  

I have an investor client that wanted to see a home the day it was listed and the property already had multiple offers and within a day they had 8 offers submitted.  Being fast wasn't fast enough, so I set him up on a different automated program that sent him emails as soon as a home was listed meeting his criteria.  Even though there are over 3,000 Realtors in the Ada County Association of Realtors, I was the first agent to show two new listings to that investor.  At 8:30pm he tells me that he wants to see a vacant new listing I had sent him.  I met him there at 8:50pm and by 10:15 their offer was submitted to the seller all digitally signed by my client and we got the offer accepted before most agents were out of their morning sales meeting!

Last night, after 9:37pm I had emails, texts and voice mails from an agent following up on a past sale, the investor asking about the home inspection, one of my agents about three of his contracts, a referral follow up on a listing I took last night, and two different seller clients.  By 8 AM this morning, I already had 4 more follow ups from some of them and another seller question about an upcoming closing.

I have to wonder as I get ready to head out to my five scheduled meetings before lunch how some of my competitors find time to also work as a greeter for Walmart or to tend bar or wait tables?

If you are ready to talk to a full time Realtor with 24 years of licensed real estate experience in Idaho, feel free to call, text or email Jim Paulson! 

 

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Rainmaker
1,542,335
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Jim Paulson Super blog. It sounds like you are certainly working your business for success. Here's to a strong 2015.

Apr 09, 2015 12:21 AM #1
Rainer
71,040
Sarah Cole
Strategic Digital Marketing Consultant - http://www.coleconnectmarketing.com - Tully, NY
Strategic Social Media Consultant

So great to hear people keeping busy and more than busy even!  Good for you!! 

Apr 09, 2015 06:30 AM #2
Ambassador
2,863,819
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

We're up slightly over last year, but not that much.  But we do have lots of folks milling around in the market right now.

Apr 12, 2015 01:02 PM #3
Rainmaker
2,256,034
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Those are some very impressive numbers, hope this trend continues.

Make it a great week!

Apr 13, 2015 09:52 AM #4
Rainmaker
4,077,625
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim, your market is sure looking good, and hope this continues through the rest of 2015.

Apr 14, 2015 08:34 AM #5
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Rainmaker
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Jim Paulson

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