Eagle Idaho Homes: Pending Sales

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Here’s an interesting breakdown of Eagle Idaho pending sales.

Eagle Idaho Homes: Pending Sales

  • # Pending: 120
  • Average Asking Price: $421,995
  • Median Asking Price: $347,450

Eagle Idaho Homes: Pending Sales By Property Age

  • To Be Built: 8
  • Under Construction: 42
  • New-Never Occupied: 9
  • Under 1 Year: None
  • 1-5 Years: 5
  • 6-10 Years: 18
  • 11-20 Years: 19
  • 21-30 years: 8
  • 31-50 Years: 8
  • 50+ Years: 3

Takeaways & Context

  • 49.2% of all current pending sales are new homes.
  • 35.0% of all current pending sales are new homes under construction.
  • 61.2% of all homes under construction are in The Preserve subdivision by Coleman Homes.
  • 15.6% of all current pending sales are more than 20 years old.

Data pertains to Eagle, Idaho pending sales of homes on lot or acreage.

Data does not include condo or townhome properties.

 

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.

 

Eagle Idaho Real Estate Stats – September 2014

Here’s a snapshot of September’s activity for Eagle, Idaho real estate:

Eagle Idaho Available Homes

  • # Available: 405
  • Average Asking Price: $509,108
  • Median Asking Price: $424,900
  • Months’ Supply: 6.0

Eagle Idaho Pending Sales

  • # Pending: 93
  • Average Asking Price: $398,059
  • Median Asking Price: $374,900

 Eagle Idaho Closed Sales – September 2013

  • # Closed: 48
  • Average Sales Price: $379,441
  • Median Sales Price: $341,787

 Eagle Idaho Closed Sales – September 2014

  • # Closed: 52
    % Change: +8.3%
  • Average Sales Price: $380,527
    % Change: +.30%
  • Median Sales Price: $324,350
    % Change: -5.1%

Data taken from Intermountain MLS on 10/5/14 and pertains to Eagle, Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past six months.

 

Eagle Idaho: This Summer vs. Last Summer

Here’s an interesting comparison of Eagle, Idaho home sales for Summer 2013 vs. Summer 2014.

Eagle Idaho Homes: Available Listings

  • August 31, 2013: 286
  • August 31, 2014: 414
  • % Change: +44.8%

Eagle Idaho Homes: Pending Sales

  • August 31, 2013: 103
  • August 31, 2014: 108
  • % Change: +4.9%

Eagle Idaho Homes: Closed Sales

  • June – August, 2013: 74
  • June – August, 2014: 81
  • % Change: +9.5%

Eagle Idaho Homes: Average Sales Price

  • August 31, 2013: $399,062
  • August 31, 2014: $375,960
  • % Change: -5.8%

Eagle Idaho Homes: Median Sales Price

  • August 31, 2013: $363,650
  • August 31, 2014: $349,500
  • % Change: -3.9%

Takeaways

  • Eagle’s listing increased by a stunning 44.8% year-over-year., resulting in substantially more competition for sellers and many more choices for buyers.
  • Eagle’s pending sales increased by a modest 4.9% during our normally-busy summer selling season.
  • Eagle’s average and median sales prices both declined modestly.
  • Some of the numbers above are being influenced by strong activity in The Preserve, a new home subdivision in Eagle with lower price points.

 

Eagle Idaho Real Estate Stats – August 2014

Here’s a snapshot of August’s activity for Eagle, Idaho real estate:

Eagle Idaho Available Homes

  • # Available: 414
  • Average Asking Price: $522,459
  • Median Asking Price: $439,900
  • Months’ Supply: 6.3

Eagle Idaho Pending Sales

  • # Pending: 108
  • Average Asking Price: $400,351
  • Median Asking Price: $349,450

 Eagle Idaho Closed Sales – August 2013

  • # Closed: 76
  • Average Sales Price: $400,902
  • Median Sales Price: $363,650

 Eagle Idaho Closed Sales – August 2014

  • # Closed: 81
    % Change: +6.6%
  • Average Sales Price: $375,760
    % Change: -6.3%
  • Median Sales Price: $349,500
    % Change: -3.9%

Data taken from Intermountain MLS on 9/5/14 and pertains to Eagle, Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past six months.