30th Jul, 2007

Market Report for Idaho Falls Real Estate

finance-chart-increase-1.jpgBonneville County is still great location to buy or sell a home.  While the national market is starting to struggle, Idaho Falls, Idaho real estate and all surrounding communities, including Ammon real estate, remain positive.  This is evident by comparing the 2007 second quarter Idaho Falls home sales to the 2006 second quarter home sales.

From April through June of this year there were 481 total single family homes sold compared to 489 over the same period in 2006.  Those homes in the second quarter of 2007 spent an average of 79 days on the market while in 2006 they spent an average of 90 days on the market.  The total new listings increased dramatically from 622 in 2006 to 817 in 2007, and the average sales price increased nearly 4 ½ percent to $174,981.

All things considered, Idaho Falls remains a good location to buy or sell real estate with very reasonably priced homes.

Click here to search Idaho Falls homes for sale.

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