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Selling your Idaho Falls home? Get a free home value report Buying an Idaho Falls home? Se arch all homes for sale There's a lot of information, or misinformation, out there -- especially when it comes to market statisti...
What Changes Have We Seen in Idaho Falls over the Past Year? is an episode from Idaho Falls Real Estate Podcast with Mike Hicks by Mike Hicks. Selling your Idaho Falls home? Get a free home value report Buying an Idaho Falls home? Se arch a...
This episode belongs to Idaho Falls Real Estate Podcast with Mike Hicks.
Audio availability depends on the podcast feed.
Published Nov 13, 2015.
Selling your Idaho Falls home? Get a free home value report Buying an Idaho Falls home? Se arch all homes for sale There's a lot of information, or misinformation, out there -- especially when it comes to market statistics. So, to help you avoid accepting faulty information, I want to share some of the latest Idaho Falls market numbers that we have gathered ourselves. Here are the year-over-year numbers for Bonneville County: Number of homes on market: Fell from 673 to 482, a drop of 28% Months of inventory: Decreased from 4.5 months to 2.5 months Average sale price: Increased from $156,145 to $167,825, a 7.5% increase Homes sold YTD: Last year we were at 1,228, this year we're at 1,557, up 27% Sold in last three months: 458 homes were sold at this point in 2014, as compared to 483 in 2015. Right now, we're in a very strong seller's market. We are low on inventory, so the sooner you put your home on the market, the better. Luckily for buyers, the market is starting to move toward more balanced conditions. When taking into account all-time low interest rates, the next six months are looking good for buyers and sellers alike. If you have any questions about our market, or if you would like real estate assistance of any kind, please don't hesitate to reach out to us. We would love to hear from you!
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What Changes Have We Seen in Idaho Falls over the Past Year? is an episode from Idaho Falls Real Estate Podcast with Mike Hicks by Mike Hicks.
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This episode was published on Nov 13, 2015.
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What Changes Have We Seen in Idaho Falls over the Past Year? is from Idaho Falls Real Estate Podcast with Mike Hicks by Mike Hicks.
Published Nov 13, 2015