According to the Idahostatesman, residential sales continued to rise for the 4th straight month in Ada county. Treasure Valley sales so far this year are trailing last years numbers.
January 2007: 463 sales in Ada county
January 2008: 312 sales in Ada county
February 2007: 568sales in Ada county
February 2008: 360 sales in Ada county
March 2007: 727 sales in Ada county
March 2008: 424 sales in Ada county
April 2007: 698 sales in Ada county
April 2008: 452 sales in Ada county
*above figures from Intermountain Multiple Listing Service
According to the above numbers, we are behind 2007 sales figures by over 900 sales, with another seven months to go. That is a lot of ground to make up. However, we are approaching a busy time of the year for sales, with the school year ending soon and the flowers in bloom, hopefully sales will be on the rise as well.
The median price of a home in Ada county has dropped 1% over the last month, and is down 9% from this time last year.
It is a buyer's market out there, and it can be a great time to take advantage of some hot summer deals!
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