- Details
- Category: Market Updates Market Updates
- Published: 03 October 2010 03 October 2010
- Hits: 15729 15729
Looking Back 5 Years at Boise and Nampa Home Prices
Average SOLD Nampa Idaho Home Prices:
- Sept. 2005 $139,118
- Sept. 2006 $184,308
- Sept. 2007 $183,180
- Sept. 2008 $162,844
- Sept. 2009 $131,962 (59% Distressed Properties)
- Sept. 2010 $108,840 (68% Distressed Properties)
About a 22% drop in Nampa Home Prices in 5 years.
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Average SOLD Boise Idaho Home Prices:
- Sept. 2005 $215,505
- Sept. 2006 $262,068
- Sept. 2007 $252,949
- Sept. 2008 $232,901
- Sept. 2009 $195,621 (29% Distressed Properties)
- Sept. 2010 $178,431 (41% Distressed Properties)
About a 17% drop in Boise Home Prices in 5 years.
Is this the bottom? If we wait to find out where the bottom is, it will be too late! With interest rates as crazy low as they are, for goodness sake, go buy a house!
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