The numbers are in for the September 2008 Eagle Idaho Real Estate Market.

 

These numbers include all Single Family, Single family with Acreage, Condos, Townhomes, and Manufacutured Homes on Owned Lot listings in the Eagle MLS area.

Active listings   477

Pending            34

Sold                 32

Average sales price $416,447

Median sales price $379,814

Average Days on Market  109

Absorption rate 14.90 (this is a measurement of how many months of inventory there is on the market)

Sales price as percentage of Asking price  90%

As you can see, the absorption rate is over 1 year.  Anything over 6 months inventory is considered to be a buyers market, so you can see that it would be a great time to buy a home in Eagle!  Given that Eagle is the most prestigeous community in the Boise Idaho metro area, it will surely remain a place where people want to live, and therefore prices will rebound in the future. 

If you are thinking of buying or selling a home in Eagle Idaho, please give me a call or text me 208-921-4800, or feel free to visit my website to search the Intermountain MLS for Eagle Idaho homes for sale.  I am your Idaho Real Estate Professional, and you can trust me to work hard for you. 

Visit my website to see Boise, Meridian, and Nampa market reports. 

Pam Pugmire

Idaho Real Estate

cellular 208-921-4800

website www.DreamHomesindIdaho.com