Homes sales moved significantly lower during the month of December. Total sales for the Boise area (including all of Ada County) were 362 homes. The lower numbers were somewhat expected due to anticipated expiration of the Federal Government’s tax credit – set to expire the end of November. However, the government extended and expanded the credit through April 30, 2010. Remember, you don’t have to be a first time buyer to qualify for the $8,000. tax credit. If you haven’t owned a home in the past 3 years you qualify for the credit. And if you have owned a home in the past three years, the tax credit is $6,500. Hopefully with the extension of the tax credit, the home buyers will once again begin their search for a home.
Here’s the sales numbers broken down by area:
Boise
North – 12 homes with a median price of $215,000
Northeast – 4 homes with a median price of $275,000
Southeast – 20 homes with a median price of $216,900
Bench – 24 homes with a median price of $118,000
South – 11 homes with a median price of $180,000
Southwest – 66 homes with a median price of $166,925
West – 11 homes with a median price of $141,600
West/Garden City – 36 homes with a median price of $135,990
Garden City – 2 homes with a median price of $235,000
Northwest – 22 homes with a median price of $186,500
Meridian
SE Meridian – 15 homes with a median price of $219,900
SW Meridian – 7 homes with a median price of $230,000
NE Meridian – 35 homes with a median price of $187,990
NW Meridian – 53 homes with a median price of $154,900
Eagle – 22 homes with a median price of $365,000
Star – 20 homes with a median price of $178,000
Kuna – 29 homes with a median price of $133,500
Statistics provided by Intermountain Multiple Listing Service
Boise Real Estate Sales – December 2009
Homes sales moved significantly lower during the month of December. Total sales for the Boise area (including all of Ada County) were 362 homes. The lower numbers were somewhat expected due to anticipated expiration of the Federal Government’s tax credit – set to expire the end of November. However, the government extended and expanded the credit through April 30, 2010. Remember, you don’t have to be a first time buyer to qualify for the $8,000. tax credit. If you haven’t owned a home in the past 3 years you qualify for the credit. And if you have owned a home in the past three years, the tax credit is $6,500. Hopefully with the extension of the tax credit, the home buyers will once again begin their search for a home.
Here’s the sales numbers broken down by area:
Boise
North – 12 homes with a median price of $215,000
Northeast – 4 homes with a median price of $275,000
Southeast – 20 homes with a median price of $216,900
Bench – 24 homes with a median price of $118,000
South – 11 homes with a median price of $180,000
Southwest – 66 homes with a median price of $166,925
West – 11 homes with a median price of $141,600
West/Garden City – 36 homes with a median price of $135,990
Garden City – 2 homes with a median price of $235,000
Northwest – 22 homes with a median price of $186,500
Meridian
SE Meridian – 15 homes with a median price of $219,900
SW Meridian – 7 homes with a median price of $230,000
NE Meridian – 35 homes with a median price of $187,990
NW Meridian – 53 homes with a median price of $154,900
Eagle – 22 homes with a median price of $365,000
Star – 20 homes with a median price of $178,000
Kuna – 29 homes with a median price of $133,500
Statistics provided by Intermountain Multiple Listing Service