Eagle Idaho Short Sales | Jan.-June 2012

The number of Eagle Idaho short sales stayed fairly consistent through the first half of 2012, generally averaging around 5-6 short sales per month, with a few fluctuations.  This is much lower than the average number of short sales in Eagle ID during the same time period in 2010 and 2011.

Eagle Sales Yr over YR_2012


During this same time period the number of bank-owned and HUD properties sold each month have been decreasing while, at the same time, total sales have been increasing.  As depicted below, Eagle Idaho short sales in June were 28.5% lower than January, and bank-owned and HUD properties sold in June were 66.7% lower.  However, total sales were 133% higher in June over January.

Eagle Home Sales by Type_June 2012


The result?  The Eagle Idaho foreclosure market share is at its lowest point in years.  At its highest point, the market share for foreclosures (Eagle Idaho bank-owned or REO) and pre-foreclosures (Eagle Idaho short sales) was 75% in January 2010. January 2011 saw a foreclosure rate of 70.6%; the foreclosure rate in January 2012 was 46.4%.  Since then, the foreclosure rate for 2012 has steadily declined to a low of 16.7% in June.

Eagle Foreclosure Rate June 2012



Eagle Idaho Short Sales | Market Stats | Q2 ’10

Eagle Idaho short sales continue to be a major influence in the Eagle real estate market.  Currently, 30% of the homes for sale are short sales and in June, accounted for 26% of the sales.

When combining the short sales and bank-owned properties, the Eagle foreclosures accounted for 55.9% of the sales in June.  This is about level with previous 3 months as you can see below.

Below you can see the distribution of the Eagle Idaho short sales, bank-owned, and non-foreclosure over the last three months.

The next two graphs look at Ada County to see which areas have the highest percentage of short sale and bank-owned properties for sale.  As you can see, 30% of the Eagle homes for sale are short sales which is about average with the county.  For bank-owned homes, Eagle has one of the smallest percentages with only 7% market share.

Eagle Idaho Short Sale Market | Dec. ’09

There were 5 Eagle short sales that closed in December.  That’s equal to the number closed last month and down from the monthly high of May when 17 were closed.  Overall home sales were up 36.9% compared to December of ’08 with 37% of the sales being foreclosures (bank-owned or short sale).  The median home price was $354,900, up from $254,750 a year ago.

Data Source: Intermountain MLS for Single Family Homes.  Information not guaranteed.

Eagle Idaho Short Sales

Currently 21% of the homes for sale in Eagle Idaho are being offered as a “possible Eagle short sale.”   Below is a breakdown of the Eagle Idaho short sales by price class.  The largest market share of homes are made up homes between $100,000 and $200,000.

Eagle Idaho Short Sales Total For Sale Short Sales Percentage
Under $100,000 0 0 n/a
$100,000 to $200,000 30 9 30%
$200,000 to $300,000 88 21 24%
$300,000 to $400,000 99 22 22%
$400,000 to $500,000 68 15 22%
Over $500,000 163 29 18%

Browse the Eagle Idaho short sales now for free and without registration.

Data Source: IMLS.  Information not guaranteed.

Eagle short sales stats- February 10, 2009

As of February 10, 2009 there are 73 homes offered as possible short sales in Eagle Idaho.  This is about 17% of the 438 homes listed on the Eagle MLS (IMLS).  This is one of the lower percentages in the county – Meridian is currently at 21%.  The average short sale asking price is just under $510,000 and the median $450,000.

You can browse Eagle short sales here.

Data Source: IMLS. Information not guaranteed.