Eagle Short Sales Stats | Oct. 2012

The number of Eagle short sales has stayed pretty consistent over the year, but October tied for the smallest number in 2012 with 3.  February and July also had 3.  But, overall, this year there were fewer short sales than in years past.  October, for instance, saw more than a 50% drop this year from the previous year.

Eagle Short Sales 2011 vs. 2012

The median price for Eagle short sales in October was $361,000, while the overall median price was lower at $278,500.  October numbers calculated to be the second highest median price for short sales in Eagle this year.  As you can see in the graph below, the only month where the median price for this type of foreclosure exceeded the month of October was March, at $440,000.

Eagle Short Sales Median Price | 2012 Stats

While Eagle short sales were down, overall, Eagle real estate did well this past month.  October started off Q4 strong with 52 home sales, which is the second highest number this year.  As you can see in the graph below, August was the only month where more homes sold.  The last time we saw more than 50 homes sold in one month was in May 2010.

Eagle Real Estate Sales Stats | 2010 - 2012



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 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.