Eagle ID Short Sales | September 2009

In the Eagle real estate market, there were 38 total sales during the month of September.  Of those, 10 of them were Eagle bank-owned and 9 were Eagle ID short sales.  This makes Eagle ID short sales about 24% of the total real estate market.  The graph below shows the distribution of non-distressed, bank-owned, and Eagle short sales for the past five months:

Eagle sales breakdown

Eagle bank-owned and Eagle ID short sales combined made up half of the Eagle real estate market.  This percentage can fluctuate from month to month but September’s number seems to be a reasonable average of the last five months.

Eagle home foreclosures

The median price of sold Eagle short sales dropped in September, but the median price of total homes sold in Eagle stayed pretty close to the level it was at last month.  The graph below breaks down median prices in Eagle for the last six months:

Eagle median prices

Data source: Boise MLS (IMLS).  Information not guaranteed.

Eagle Idaho Short Sale Stats | Aug ’09

In the Eagle Idaho real estate market, 40 homes sold during the month of August; the graph below shows that 19 of those were non-distressed, 10 were Eagle bank owned, and 11 were Eagle Idaho short sales. In August, Eagle Idaho short sales made up 28% of the total homes sold in that area.

August Eagle Home Sales

With the exception of July, short sales over the last six months have had a higher median sold price than the overall median price in Eagle Idaho. The 6 month median price for Eagle Idaho short sales was $407,000 while the overall was of $326,000. See graph below.

Median Home Prices in Eagle

In August, 53% of homes sold in the Eagle real estate market were foreclosures (Eagle bank-owned & Eagle short sales), making Eagle Idaho foreclosures the highest percentage in Ada County. That also more than doubles the lowest foreclosure rate in Kuna at 24%

August Foreclosures

Information deemed reliable but not guaranteed.