Single-Family Homes
Sat Jan 16 2021
This week the median list price for Eagle, ID is $799,000 with the market action index hovering around 75. This is less than last month's market action index of 81. Inventory has held steady at or around 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.
Median List Price | $799,000 | |
Per Square Foot | $287 | |
Days on Market | 64 | |
Price Decreased | 14% | |
Price Increased | 33% | |
Relisted | 5% | |
Inventory | 21 | |
Median Rent | $1,950 | |
Most Expensive | $4,970,000 | |
Least Expensive | $536,990 | |
Market Action | 75 | |
Strong Seller's Market |
Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,350,000 | 8,371 | 1 - 2.5 acres | 6 | 6 | 19 | 0 | 2 | 88 |
$893,000 | 3,138 | 8,000 - 10,000 sqft | 3 | 3 | 0 | 0 | 4 | 25 |
$724,990 | 2,690 | 0.25 - 0.5 acre | 4 | 3 | 1 | 2 | 1 | 50 |
$557,995 | 2,067 | 4,500 - 6,500 sqft | 3 | 2 | 1 | 0 | 2 | 87 |