Tuesday, November 11, 2008 12:20 PM
by
Idaho Real Estate Pam Pugmire
Nampa Idaho October 2008 Housing Market Report
The numbers are in for the October 2008 Nampa 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 Nampa MLS areas.
Active listings 1453
Pending 125
Sold 100
Average sales price $146,059
Median sales price $133,975
Average Days on Market 94
Absorption rate 14.5 months (this is a measurement of how many months of inventory there is on the market)
Sales price as percentage of Asking price 88%
Sales by area
North East Nampa 26 Average Sales price $166,788
North West Nampa 28 Average Sales price $121,755
South Nampa 46 Average Sales price $149,136
With a median sales price of $133,975, Nampa is a terrific place to find affordable housing in Idaho. The absorption rate is over 1 year, and anything over 6 months is considered to be a buyers market. This tells us that NOW is a great time for buyers in the Nampa area.
If you are thinking of buying or selling a home in Nampa 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 Nampa 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 Eagle market reports.
Pam Pugmire
BridgeTower Real Estate
cellular 208-921-4800
website www.DreamHomesindIdaho.com