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- Category: Market Updates Market Updates
- Published: 01 October 2010 01 October 2010
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Home Sales in Canyon and Ada County, Idaho
Canyon County Statistics as of October 1, 2010:
1932 active single-family homes in Canyon County ID were available as of October 1st. 49% of these homes are "distressed properties" 298 are REO by banks (foreclosures) and 649 are short sales (34%).
Canyon County ID SOLD Data:
As of 9-31-2010, 2421 Canyon County Homes have SOLD. 67% of these Canyon County homes were "distressed properties" 1209 Bank owned REO's and 423 Short sales (17%).
There is approx. 7 months of inventory available for Canyon County Home Buyers to choose from. Typically anything over 6 months of inventory is considered a "Buyer's Market" and when inventory drops below 6 months, it becomes more of a "Seller's Market."
Ada County Statistics as of October 1, 2010:
4025 active single-family homes in Ada County ID were available as of October 1st. 39% of these homes are "distressed properties" 478 are REO by banks (foreclosures) and 1072 are short sales (27%).
Ada County ID SOLD Data:
As of 9-31-2010, 4982 Ada County Homes have SOLD. 45% of these Ada County homes were "distressed properties" 1408 Bank owned REO's and 838 Short sales (17%).
There is nearly 8 months of inventory available for Ada County Home Buyers to choose from.
When searching for Idaho Real Estate, contact Idaho Realtor and Idaho Short Sale Specialist, Don Wixom with RE/MAX Executives for the most informed process and best negotiating!
Contact Don Wixom at (208) 880-5039, call or text!