Boise Idaho Real Estate Report: Best Selling Subdivisions and Home Builders of 2011
Boise, ID (PRWEB) February 21, 2012
Boise, Idaho has for many years been gaining notoriety as one of the best cities in America to Live, Work, and Play. It has been recognized as a safe and family friendly city plus a great place for empty-nesters, entrepreneurs and for those who are seeking an active outdoor lifestyle. Of course, this is an easy place to get out and explore with the Boise Greenbelt following the Boise River, miles of trails in the Boise Foothills and many other attractions like Bogus Basin Ski Resort, Lucky Peak Reservoir and the Snake River.
Boise Idaho Real Estate has also been making the news. Boise has been noted as one of the worst cities for distressed properties but also recently as a Top Turnaround City. 2011 was an improvement in Boise Real Estate with increased activity in Boise Homes for Sale, decreasing inventory and increasing home values. For the first time in several years, people are agreeing that the bottom of the market has passed and seeing an increase in home buyer inquiries and interest.
Trey Langford, Founder of http://www.BuildIdaho.com, interviews Boise new home buyers regularly and has found four common themes: family, lifestyle, retiring and from out of state. It is most common that new homes buyers are following family and many are moving to be close to grand kids. Secondly, most people were familiar with Boise before they moved. They have visited before or several times over the years and just fell in love with the area. Lifestyle seems to be a common theme for everyone in Boise because there is so much open space and availability to take advantage of it. The third trend Trey Langford notes is that most people buying new homes are retired or semi-retired. Many Boise Real Estate Agents and Boise Idaho Home Builders talk about the trend of Empty Nesters as a primary target market. Lastly, it seems common to talk to someone who is from out of state. Most people are from California but the Northwest seems to be the general vicinity many are migrating from.
New construction in Boise seems to be a very popular choice as the market changed forcing lower prices including building lots, trades, building materials, retail products and other services. Part of this was because new homes were were competing with distressed property and the only way to compete was lower prices.
The Boise Idaho Metro area consists of several outlying cities including Meridian, Eagle, Star Kuna, Middleton, Nampa, and Caldwell. Eagle and Meridian, both about 8 miles west and southwest of Boise were the most popular areas for new-home buyers, based on how people spent their dollars.
Best Selling New Communities-
source: Intermountain MLS
Boise Idaho Best Selling Subdivisions in 2011
Harris Ranch: 48 Sales. Home Sizes- 1,806 to 3,611 sq ft. Average Price- $ 343,709
River Heights: 25 Sales. Home Sizes- 2,035 to 3,375 sq ft. Average Price- $ 356,280
Hazelwood Village:

