The Eagle Idaho real estate market had 34 sales last month. This is up about 6% from a year ago while Ada County as a whole was up 12%. With 252 homes for sale in Eagle, that’s a 7.2 month absorption rate while the county was at 5.3 months.
Eagle Idaho real estate foreclosures accounted for 56% of the sales in June. Nine of the 34 sales were short sales and ten were bank-owned. This is higher than the county overall that had a 41% market share of foreclosures.
While Eagle Idaho foreclosures made up a larger percentage of the sales compared to the county, they actually make up a smaller percentage of the homes currently for sale – at least for bank-owned homes.
Eagle Idaho bank-owned homes currently make up 7% of the homes for sale. The short sales on the other hand, make up 30% compared to 29% in the county. See the next two graphs: