Boise Real Estate: Why I’m Not #1

Real estate is one of those professions that operates differently than others.

When was the last time you saw your attorney or CPA market themselves with their glamour photo in a provocative pose on their business card?

Then, there are the postcards, newsletters, and bulk e-mail blasts proclaiming to be #1, including details of listings, sales, and closings.

Small wonder the public multiplies those numbers by 6% and thinks all Realtors® are rich.

You’ve probably noticed that I don’t brag about my sales achievements.

In fact, there’s nothing on this site with any information about my sales production.

I will discuss it if you’re interested in working with me, but I don’t publicize it.

There was a time in the early years of my real estate career when I was full of myself and boasted about my listings, sales, and closings.

I finally woke up and realized that my clients viewed it as bragging and being self-centered vs. caring about their concerns and objectives.

23 years ago, In 1991, I tossed four cartons of achievement award plaques and trophies in the trash.

My focus, since then, has been on delighted past clients who refer their friends and complete additional transactions with me.

That’s why I’m not #1.

You are.

 

Boise Idaho Real Estate Stats – June 2014

Here’s a snapshot of June’s activity for Boise, Idaho real estate (Ada County):

Boise Idaho Available Homes

  • # Available: 2,767
  • Average Asking Price: $322,411
  • Median Asking Price: $254,900
  • Months’ Supply: 4.4

Boise Idaho Pending Sales

  • # Pending: 1,114
  • Average Asking Price: $270,488
  • Median Asking Price: $229,900

Boise Idaho Closed Sales – June 2013

  • # Closed: 843
  • Average Sales Price: $241,322
  • Median Sales Price: $210,000

Boise Idaho Closed Sales – June 2014

  • # Closed: 810
    % Change: -3.9%
  • Average Sales Price: $253,463
    % Change: +5.1%
  • Median Sales Price: $217,750
    % Change: +3.7%

Data taken from Intermountain MLS on 7/7/14 and pertains to Ada County, 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.

 

Meridian Idaho Real Estate Stats – June 2014

Here’s a snapshot of June’s activity for Meridian, Idaho real estate:

Meridian Idaho Available Homes

  • # Available: 724
  • Average Asking Price: $267,165
  • Median Asking Price: $239,000
  • Months’ Supply: 4.6

Meridian Idaho Pending Sales

  • # Pending: 278
  • Average Asking Price: $267,686
  • Median Asking Price: $243,950

Meridian Idaho Closed Sales – June 2013

  • # Closed: 269
  • Average Sales Price: $226,005
  • Median Sales Price: $215,000

Meridian Idaho Closed Sales – June 2014

  • # Closed: 206
    % Change: -23.4%
  • Average Sales Price: $243,918
    % Change: +7.9%
  • Median Sales Price: $227,920
    % Change: +6.0%

Data taken from Intermountain MLS on 7/7/14 and pertains to Meridian, 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 Real Estate Stats – June 2014

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

Eagle Idaho Available Homes

  • # Available: 406
  • Average Asking Price: $517,063
  • Median Asking Price: $439,900
  • Months’ Supply: 8.1

Eagle Idaho Pending Sales

  • # Pending: 123
  • Average Asking Price: $410,753
  • Median Asking Price: $369,900

 Eagle Idaho Closed Sales – June 2013

  • # Closed: 67
  • Average Sales Price: $379,303
  • Median Sales Price: $337,777

 Eagle Idaho Closed Sales – June 2014

  • # Closed: 75
    % Change: +11.9%
  • Average Sales Price: $389,252
    % Change: +2.6%
  • Median Sales Price: $384,500
    % Change: +13.8%

Data taken from Intermountain MLS on 7/7/14 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.