In December of 2014 single-family home sales totaled 597, an increase of 3.5% from December of last year. For the Boise housing market in 2014 total sales dropped 2.5% from 2013; 7,764 homes were sold compared to the previous year’s 7,964. In 2014 a total of $1.91B in real estate was sold. That corresponds to $1.85B in 2013.
Total Days on Market totaled 66 for the month, an increase of 9 days from the previous month. For this same time last year, Days on Market totaled 59.
New construction home sales totaled 129; a decrease of 5% from 2013. Total sales for existing homes were 468, an increase of 6% from December of 2013.
Pending sales at the end of December were 712; up 4% compared to December 2013. Pending sales are our best “forward-looking”…