Are You Thinking About Buying or Selling In Kuna Idaho?

April 9th, 2008 categories: Down to Earth Information, Real Estate News

Numbers to Know If You Are Buying Or Selling In 2008

Total Active Listings as of March 31= 249 ( 257 last year, but remember the nice spring temperatures— does make a difference.)

Total Sales from the first of the year= 80 (119 last year,that’s 67% less)

Total Sales Broken Down Into Price Points

<160= 22

160–200= 33

200–250 = 18

250–300 = 4

300–500 = 2

>500 = 1

Absorption Rates= 9.3 months

Average Sales Price = $190,764 (that’s a 96% decrease from 2007)

So if you are listing your home, keep these numbers in mind so you can price your home to sell! The market value of your home will determine how competitive you will need to be.

Sold If you are in the market to buy, consider the competition. More buyers are looking at certain prices and your better deals will be in the prices that have less buyers competing against you. You will realize more for your money this year especially if they need to sell their property.

Be sure you are connected to a realtor that understands the current market and can help you find the most for your money. I am a firm believer that driving around calling on signs and attending the open houses is a waste of gas and you will miss the best deals.

Email, text or call me and I’ll be glad to help you save some gas.

Sara@KunaCountry.com 208–697–4111

Tags: real+estate, Kuna+idaho, statistics