Hidden Springs Idaho - Real Estate and Community News: Hidden Springs Idaho Real Estate - Market Report (4th Quarter)

Hidden Springs Idaho Real Estate - Market Report (4th Quarter)

Hidden Springs Idaho Real Estate - Market Report (4th Quarter)

Hidden Springs Market Report

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.

  1. 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.
  2. 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

www.LivingInHiddenSprings.com

 

 

Comment balloon 0 commentsEva Hoopes • January 13 2011 04:13PM

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