0Posted by Chase Craig on September 27, 2011 at 12:09 pm
Kuna Idaho Real Estate: Denali Heights Subdivision Market Report
Click on the interactive map above for street view
Denali Heights Active Listings:
Total Active Listings: 1
Total Bank Owned or REO: 0
Total Short Sales: 0
Low List Price: $214,900
High List Price: $214,900
Average List Price: $214,900
Months of Supply: 6 – Adjusted months of supply to allow for build jobs – 1.5 Months of Supply.
Denali Heights Pending Sales:
Current Pending Sales: 1
Low Pending Price: $269,000
High Pending Price: $269,000
Average Pending Price: $269,000
Denali Heights Closings:
Sold transactions in the last 12 months: 2
Closed Bank Owned or REO in the last 12 months: 1
Closed Short Sales in the last 12 months: 1
Low Sold Price: $312,000
High Sold Price: $351,000
Average Sold Price: $331,500
Total Sold Lifetime: 18 (This number may seem low…particularly because there are more than 18 homes in Denali Heights. Many builders don’t report their pre-sold build jobs to the MLS).
Information Courtesy of Intermountain MLS 09/27/11
Over the last 12 months, Denali Heights has seen more growth then our tracking systems allows. If you go to www.cityofkuna.com you can see building permits for Denali Heights. In the Last 12 months, Denali Heights has had 6 building permits pulled, none of which were listed in the MLS. That puts 8 total sales in the last 12 months with only 1 home actively on the market. That is why the adjusted months of supply is 1.5 months. If you are looking to sell your home in Denali Heights, now is a prime time to consider it because in 45 days, there wont be any homes on the market.
0Posted by Chase Craig on July 29, 2011 at 7:44 am
Kuna Real Estate – 550 W Tern Drive – Just Listed!
This is not your average 3 bed 2 bath in Kuna. If you are sick of looking at fixer uppers, this is the home for you! Not a short sale or foreclosure and can close immediately. Brand new hardwood floors throughout the kitchen, dining, family and halls. The lot features R.V. parking and room for a dog run. This full stucco home is in immaculate condition so feel free to bring your pickiest of buyers. Be sure to ask about 100% financing on this home with the Rural Development Loan. Feel free to call, text or e-mail with questions or to schedule a private tour.
View Larger Map
Click on the interactive map above for street view
Kuna Idaho Active Listings:
Total Active Listings: 153
Total Bank Owned, HUD Home, Auction or REO: 8
Total Short Sales: 59
Low List Price: $33,000
High List Price: $795,000
Average List Price: $178,755
Months of Supply: 4.8
Kuna Idaho Pending Sales:
Current Pending Sales: 56
Low Pending Price: $41,820
High Pending Price: $599,900
Average Pending Price: $124,585
Kuna Idaho Closings:
Sold transactions in the last 12 months: 379
Closed Bank Owned, HUD Home, Auction or REO in the last 12 months: 193
Closed Short Sales in the last 12 months: 81
Low Sold Price: $22,500
High Sold Price: $397,000
Average Sold Price: $115,239
Total Sold Lifetime: 5,168
Information Courtesy of Intermountain MLS 07/07/11 – Active Listings and Sold’s less condo’s, townhouses and mobile homes.
In the last 12 months, Kuna real estate has been dominated by distressed sales with over 72% consisting of short sales, foreclosures, HUD homes and auctions. The good news is that while 51% of the entire Kuna real estate sales in the last 12 months were some form of bank owned properties, Only 5% of the active listings are bank owned. Short sales were 21% of the market share for the past 12 months while they are currently 38% of the active listings which is probably a pretty similar number as not all short sales close successfully.
The silver lining for the Kuna real estate market is that there is less than 5 months of supply. Most experts determine whether a real estate market is a buyer or sellers market based on the months of inventory supply. Kuna is actually considered a seller’s market because there is less than 6 months of supply (more than 6 months would be a buyers market). What’s even more exciting is that if you removed the contingent short sales (short sales that already have an accepted offer and are awaiting bank approval) it lowers the inventory level to 121 active listings or 3.8 months of supply. Take my word for it, as a Kuna real estate expert, it is difficult to find the right home in Kuna and even more difficult to get the bid as there are multiple offers on most homes that are priced right. While you may not make as much money in this market selling your Kuna home, there are definitely buyers out there looking to take advantage of low rates and aggressive pricing.
I hope that you were able to find this information useful. Questions, comments or interest in finding out about specific neighborhoods in Kuna? Click the contact me button and let me know or comment below.
0Posted by Chase Craig on June 27, 2011 at 8:00 pm
Crimson Point Kuna Idaho Real Estate and Homes Available, Pending and Sold
View Larger Map
Click on the interactive map above for street view
Crimson Point Active Listings:
Total Active Listings: 14
Total Bank Owned or REO: 0
Total Short Sales: 2
Low List Price: $115,000
High List Price: $198,681
Average List Price: $142,249
Crimson Point Pending Sales:
Current Pending Sales: 1
Low Pending Price: $114,900
High Pending Price: $114,900
Average Pending Price: $114,900
Crimson Point Closings:
Sold transactions in the last 12 months: 26
Closed Bank Owned or REO in the last 12 months: 9
Closed Short Sales in the last 12 months: 7
Low Sold Price: $104,000
High Sold Price: $225,000
Average Sold Price: $144,772
Total Sold Lifetime: 292
Information Courtesy of Intermountain MLS 06/27/11
With almost 62% of Crimson Points sales coming from distressed properties in the last 12 months, new construction has come to a serious halt. The good news being that there are zero active bank owned or REO listings in Crimson Point and only two active short sales. Look for an increase in new construction sales over the next 12 months and more happy Crimson Point Homeowners. Are you looking to buy or sell a home in Crimson Point? Put my experience to work for you! With over 38 listings sold in Crimson Point alone, you will be hard pressed to find someone with a better understanding and enthusiasm for the community as me. I am not bragging, I’m applying for a job. Click the contact me button on the left to get a no obligation home valuation or list of homes in Crimson Point and the surrounding areas.
Join us for the 2nd annual “Buzz About Business Fair” on Saturday June 4th from 10:00 a.m. to 3:00 p.m.
Over 40 businesses will be participating in this years event which will be held in three locations around the city of Kuna including Deer Flat crossing, Downtown in the Idaho Tech Repair parking lot and the Paul’s parking lot.
Kuna residents were mailed a “passport” that they can visit each business with. If they visit all the businesses they will be entered in a drawing for dozens of prizes including an Xbox 360. Businesses will have information, special offers and games for the kids. There will also be a jump house and a train ride set up for the kids. Lets see if we can beat last years turnout which returned more than 250 completed passports.
Questions? E-mail me or click the contact form at the top.
