Boise Homes For Sale: Empty Flyer Boxes

I hear a lot of comments (mostly complaints) from buyers of Boise homes about empty flyer boxes.

I’ve never understood why a listing agent will install a sign with a flyer box, then not ensure that there’s a supply of flyers in the flyer box.

It’s common practice for buyers to cruise neighborhoods they’re interested in and pull flyers for homes that appear interesting.

An empty flyer box usually results results in one of two outcomes ~ eliminating the home from consideration, or calling the listing agent to get the price and other information.

In most instances, the buyers will simply eliminate the property from consideration and keep on looking.

Is it really that difficult to keep flyers in the flyer box?

Empty flyers boxes are frustrating to buyers and can cause a seller to lose a sale.

They’re also a good example of lousy service for the seller.

Worse yet are signs lacking flyer boxes and flyers without prices.

But, those are topics for future blog posts.

Buyers: What have you experienced with empty flyer boxes???

 

Eagle Idaho: High-End Market Analysis

Here’s a detailed look at the Eagle Idaho high-end (above $750,000) market.

Eagle Idaho Available Homes

  • # Available: 45
  • Average Asking Price: $1,242,262
  • Median Asking Price: $899,000
  • Months’ Supply: 26.0

Eagle Idaho Pending Sales

  • # Pending: 14
  • Average Asking Price: $888,438
  • Median Asking Price: $833,000

Eagle Idaho YTD Closed Sales

  • # Closed: 17
  • Average Sales Price: $984,158
  • Median Sales Price: $875,000

Takeaways

  • The Eagle Idaho high-end market is saturated with supply vs. very few closed sales.
  • 26.0 months’ supply = 2.2 years’  listing supply (if no more homes are listed).
  • Only one of the 45 available homes has had a price reduction.
  • 17 YTD closed sales represents .27% of all 6,411 YTD closed sales for Ada County.
  • 17 YTD closed sales represents 3.1% of all 542 YTD closed sales in Eagle.
  • If all of the 14 current pending sales close, the months’ supply number will improve considerably.
  • If you’re a high-end seller in Eagle, you must be competitive to achieve a sale!

Data pertains to Eagle, Idaho $750,00+ homes on lot or acreage.

Data does not include condo or townhome properties.

Months’ supply is calculated by dividing the 2014 YTD average monthly closed sales into the number of available homes.

 

Boise Homes: Closed Sales Trends

Here’s a breakdown of 2014 year-to-date closed sales for Boise homes.

  • January: 411
    % Change: (baseline number)
  • February: 419
    % Change: +2.0%
  • March: 541
    % Change: +29.1%
  • April: 669
    % Change: +23.7%
  • May: 800
    % Change: +19.6%
  • June: 810
    % Change: +1.3%
  • July: 846
    % Change: +4.4%
  • August: 752
    % Change: -11.1%
  • September: 656
    % Change: -12.8%

Takeaways

  • After a strong Spring market, our Summer market began showing signs of weakness in year-over-year comparisons.
  • While not displayed here, our pending sales declined from May through August of this year, leading to fewer closed sales in August and September.

Data pertains to Ada County single-family homes on lot or acreage.

Data does not include condo or townhome properties.