30th Jul, 2007

How’s the Market for Island Park Real Estate?

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

From April through June of this year there were 48 total single family homes sold compared to 57 over the same period in 2006.  Those homes in the second quarter of 2007 spent an average of 202 days on the market while in 2006 they spent an average of 205 days on the market.  The total new listings remained stable with 107 in 2006 and 111 in 2007.  The most telling statistic is that the average sales price increased an incredible 42 percent to $256,630.

All things considered, Island Park remains a great location to buy or sell real estate.

Click here to search Island Park homes for sale.

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