Hidden Springs Idaho - Market Report 4th Quarter 2011

Hidden Springs Market Report
4th Quarter 2011 (All Data Reported as of January 1, 2011)

Hidden Springs Sales (Excluding New Construction)

Compared to 4th quarter in previous year

	# of Sales in 4th quarter 2011	Average Sale Price	Avg price per sq ft	# of Sales in 4th quarter 2010	4th quarter 2010 average sale price	4thquarter 2010 price per sq ft	% change
All Resales	9	$278,400	$95.21	23	$265,560	$93	+5%
Non-Distressed Sales	5	$271,340	$104.68		$263,166	$105	+3%
Distressed Sales (Short Sales/Bank-owned properties)	4	$287,225	$83.37		$266,406	$89	+7.2%

Hidden Springs New Construction Sales

Compared to 4th quarter in 2010

	# of Sales in 4th quarter 2011	Average Sale Price	Avg price per sq ft	# of Sales in 4th quarter 2010	4th quarter 2010 average sale price	4th quarter 2010 price per sq ft
New Construction	4	$338,300	$129.20	3	$425,768	$138

In Hidden Springs, the demand for homes has continued to increase as inventories remain at a 3 year low for the neighborhood. New construction starts are on the increase as resale opportunities remain low.

For additional information about buying or selling a home in the Hidden Springs planned unit development, please feel free to visit our Hidden Springs Idaho Home Page at contact me at (208) 284-7732.