What's Changed In Kuna Real Estate? PRICES

Active Listings For Residential Single Family Homes

Total = 199

Average Listing Price = $211,948

Pending Sales

Total = 23

Average List Price = $167,680

Sold (in November 2006)

Total = 29

Average List Price = $221,076

Average Sold Price = $213,062

Sold in November 2007

Total = 28

Average List Price = $204,941

Average Sold Price = $181,876 (89% of asking price)

Change in number of sold listings = about the same

Change in Sold Price from 2006 to 2007 = down 15%

Absorption Rate = 7 months or 28 weeks

So what has changed?

• Better sales amounts
• Lower sold price
• Absorption rate is improving

So there are some good buys out there and people are finding them. If you don’t have your home priced 15% less than it was worth just a short time ago, you will probably take a lot longer to sell. If you need to sell, don’t miss this opportunity to attract those buyers looking for a good deal.

Data taken from Intermountain MLS on 12/6/07 and pertains to single-family residences without acreage.