Real Estate Market News Nov 2015 Idaho, ADA County

MARKET NEWS November 2016

Idaho Real Estate Newsletter

When Selling Your Home Most Showings Are Now Online While Ada County has continued to enjoy a strong real estate market, especially compared to recent years, Q4 is when we see an annual, seasonal slowdown in home buyer and home seller activity. But for sellers hoping to move this year, any drop in the number of showings their home receives, can cause concern. But remember that most ‘showings’—especially first showings—are now happening online, not in person.

“If you would like a FREE marketing analysis of your home click below.

Click Here In This Issue 

Market Report October

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When Selling Your Home On-Line

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Ada County Market Numbers

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Tips for On-Line Selling Your Home

The Ada County Association of REALTORS®

Allen Pedersen, Coldwell Banker Tomlinson Group (208) 703-3499 pedersenallen@gmail.com www.findhomesinidaho.com

Summary of single-family home activity in Ada County in October 2015:      

Closed Sales were at 773, up 14.9% year-over-year, and up 18.8% YTD Median Sales Price was at $230,000, up 10.0% year-over-year, and up 8.4% YTD Days on Market was at 45 days, down 22.4% year-over-year, and down 9.1% YTD Pending Sales were at 1,224, up 38.3% year-over-year (not tracked YTD) Inventory was at 2,229, down 14.0% year-over-year (not tracked YTD) Months of Inventory was at 2.8 months, down 28.2% year-over-year (not tracked YTD)

How To Prepare Your Home For On-Line Buyers Buyers rank photos and detailed property descriptions as the two most important things they look at when searching for homes online that they may want to see in person.

Hire a professional photographer who knows how to capture each room or space perfectly.

But first, declutter and bring in stager to make sure that each room will photograph beautifully.

Hire a professional videographer who can show how the home flows, especially if there is a unique or potentially confusing floorplan, or to highlight things that have to be seen in action (water features, automated window coverings, etc.)

A Realtor will handle most of the items listed. Having a realtor with marketing experience would be a plus. FIND THAT REALTOR LINK Visit my Website and Blog to learn more about Idaho real estate market and more!

FindHomesInIdaho.com Allen Pedersen, Coldwell Banker Tomlinson Group (208) 703-3499 pedersenallen@gamail.com www.findhomesinidaho.com