Eagle, ID Real Estate | September 2009

Eagle home sales had another solid month in September, with 38 homes sold.  This is down slightly from the 40 homes sold in August.  The chart below shows total sales for the last five months in the Eagle, ID real estate market:

Eagle, ID real estate total home sales

Out of these 38 homes sold in the Eagle, ID real estate market, 10 of these were bank-owned properties and 9 were Eagle short sales, which makes a foreclosure rate of 50%.  This is a pretty typical percentage for the past five months, as shown in the following graph:

Eagle, ID home foreclosures

Although there was a slight drop in home sales from August to September, the average existing home price in the Eagle, ID real estate market increased by almost $40,000 over this same time.  As the graph below shows, there has been an upward trend in the average prices of houses over the past five months:

Eagle ID real estate average existing home prices

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

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