Southeast Idaho 2009 Year End

Local Real Estate Information

Buyer Tax Residential Sales by County
All of 2008 versus All of 2009
Credits County All 2008 All 2009 % Change
Activity Activity
Congress recently
extended the up to Fremont - Island Park, Ashton, St. Anthony*
$8,000 first-time Number Sold 117 145 23.93%
buyer tax credit for homes bought by Average Sales Price $246,998 $190,748 -22.77%
April 30, 2010. To qualify, a buyer Average Sold/List Price 94.33% 93.01% -1.40%
must close by June 30, 2010. Average Days on Market 131 160 22.14%
Madison - Sugar City, Rexburg
Also, an up to $6,500 move-up credit Number Sold 204 163 -20.10%
was created for those who have had the Average Sales Price $179,979 $167,376 -7.00%
same principal residence for at least five Average Sold/List Price 98.43% 97.31% -1.14%
of the previous eight years. To qualify, Average Days on Market 131 171 30.53%
a buyer must get under contract on a Jefferson - Terreton, Menan, Rigby, Ririe
new principal residence by April 30th Number Sold 236 241 2.12%
and close by June 30th . Average Sales Price $181,136 $167,174 -7.71%

Other requirements apply. See your tax advisor for Average Sold/List Price 97.32% 96.29% -1.06%
more details. Average Days on Market 125 116 -7.20%
Bonneville - Ucon, Iona, Idaho Falls, Ammon, Swan Valley
Number Sold 1271 1171 -7.87%
Average Sales Price $176,986 $164,747 -6.92%

Average Sold/List Price 98.24% 96.84% -1.43%

Average Days on Market 104 120 15.38%
Bingham - Shelley, Firth, Blackfoot, Fort Hall
Number Sold 315 294 -6.67%
Average Sales Price $146,321 $141,483 -3.31%
Average Sold/List Price 97.22% 96.42% -0.82%
Southeast Idaho’s Average Days on Market 106 124 16.98%

Real Estate LeaderK Source: Snake River Regional MLS database

* Heavily influenced by Island Park recreational sales

The GOLD Standard SM

859 S. Yellowstone #802, Rexburg
(208) 356-0588 or (800) 807-0588
www.Rexburghomes.com
400 W. Sunnyside, Idaho Falls
(208) 524-2121 or (800) 255-1747
www.IFhomes.com
Bank Foreclosures
A foreclosure property is one where the owner has
fallen behind on payments and the bank has taken
the property back. Nationally, bank foreclosures are
20-30% of all sales. In Southeast Idaho, only about
3% of the homes for sale are bank-owned.

Named one of the top 500 U.S. real estate companies.

Source: RISMedia in 2007 & 2008