North End Trends – What a GREAT place to live!!!

Boise’s “North End” is one of this city’s most desirable locations to live. With immediate access to the vast foothills trail system, just blocks from Boise’s downtown metropolitan corridor, host of organic shopping hot-spot the “Co-Op” and a neighborhood filled with historical architecture and eclectic character, who wouldn’t want to live here. I am a resident of the North End and I happily take advantage of our unique neighborhood on a daily basis. As a real estate professional, I am fortunate that my business so often includes transactions within the neighborhood that I reside. I have included below a graph which exhibits the last 15 months of sales activity in the North End. This graph demonstrates relatively stable indicators of listed and sold properties.

It was this time last year(January/February 2009) that sales showed a tendency to rise, as did inventory. The notable difference to me, is that January of 2010 reflects approximately 20% fewer homes on the market and nearly double the amount of Pending sales. It is this trend which best demonstrates stability, as inventory decreases and sales increase. If you would like more information about statistics in the North End or the greater Boise area, please contact me with your inquiry…I will be happy to provide more detailed information.

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