Hidden Springs Idaho Real Estate - Market Report (4th Quarter)
Hidden Springs, Boise, Idaho Real Estate Market Report
Quarterly Update Hidden Springs, Boise Real Estate Activity (Existing Homes - Excludes New Construction)
October 1 - December 31st (4th Quarter)
HIDDEN SPRINGS CLOSED SALES
In Hidden Springs, for the past 3 months there have been 23 closings, with an average 7.6 closings per month (see New Construction Sales - 4th Quarter Hidden Springs )
The average sale price of all existing home sales in Hidden Springs for the 4th quarter is $265,560 ($93 per square foot). Average days on the market for all existing homes sold was 98 days.
- Excluding distressed sales (Hidden Springs short sales or REO properties), the average sale price of the existing homes in Hidden Springs was $263,166 ($105 per square foot). Average days on the market equal 96 days.
- The average sale price of financially distressed properties in Hidden Springs (Short Sales and bank owned/REO properties) is $266,406 ($89 per foot). Average days on the market equal 98 days.
See "Recent Hidden Springs Closings" for more information about specific sales.
HIDDEN SPRINGS PENDING SALES
1) There are currently 4 pending sales in Hidden Springs, with an average sale price of $291,097 ($107 per foot per the list price). Average days on the market equal 48.
2) There are currently 3 pending sales in Hidden Springs that are not financially distressed properties (short sales or REO & bank owned properties. The average sale price of non-distressed sales in Hidden Springs is $332,962 ($112 per foot). Average days on the market equal 82 days
3) There is currently 1 pending sale in Hidden Springs that is either a short sale or bank owned property. The average sale price is $165,500 ($90 per square foot). Average days on the market equal 67 days.
HIDDEN SPRINGS ACTIVE LISTINGS
1) There are currently 25 active listings in Hidden Springs with 9 of those having offers already pending short sale approval. Based on the past 3 month sale history, this equates to a 3.2 month supply of homes. Average listing price is $278,143 ($95 per square foot). Average days on the market equal 138.
2) There are currently 7 listings in Hidden Springs which are not financially distressed properties (short sales or bank-owned properties). Average list price is $340,455 ($112 per square foot). Average days on the market equal 97.
3) There are currently 18 listings (72% of the total inventory) in Hidden Springs which are either short sales or foreclosures. Average list price is $253,911 ($88 per square foot), and average days on the market equal 153.
For additional information about buying or selling a home in the Hidden Springs planned unit development, please feel free to contact me at (208) 284-7732.
A website devoted to Hidden Springs events and market data can be found at