This report allows for home value evaluation from 1998 to 2005 and was not part of the Montebello Book.

 

ADA AND CANYON COUNTY RESIDENTIAL AND COMMERCIAL GROWTH AND

RESIDENTIAL HOME SALES/PRICES FROM 1998 to April 2005

CHAPTER X Appendix F to I, App. I, A550 to A650

 

 

Southwest Boise and Meridian (Area 550)

 

 

Southwest Boise and Meridian Map provided by the Intermountain Multiple Listing Services, Inc (IMLS) Residential

http://www.intermountainmls.com/images/adamap3.gif 

 

Downtown Boise Association http://www.downtown.neighborhood.com

 

Downtown Boise Map provided by the City of Boise http://www.cityofboise.org/pds/Neighborhood/Maps/downtown.gif

 

City of Boise Home Page http://www.cityofboise.org

 

Idaho Commerce & Labor http://www.idoc.state.id.us

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS)

http://www.intermountainmls.com/rstats/AdaInterface.html 

 

1998

 

“Southwest Boise and Meridian, refereed to, as Area 550, average price of a home sold by December 1998 was $143,270, as compared to the Median price of $117,900” (Ref. 1).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1998

11

28

39 (Ref. 2)

2nd/1998

15

137

152 (Ref. 1B)

3rd/1998

20

30

150 (Ref. 1C)

4th/1998

54

161

215 (Ref. 1)

TOTAL

100

356

556

 

“Ada County average price of a home was $140,728 at the end of December 1998, as compared to the median price of $119,900 county wide” (Ref. 1).

 

1999

 

“The average price of a Southwest Boise and Meridian home sold by December 1999 was $125,619, as compared to the Median price of $118,250” (Ref. 3).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1999

21

28

49 (Ref. 4)

2nd/1999

46

59

105 (Ref. 5)

3rd/1999

75

96

171 (Ref. 6)

4th/1999

105

129

234 (Ref. 3)

TOTAL

247

312

559

 

“Ada County average price of a home sold was $147,829 at the end of December 1999, as compared to the median price of $123,500 county wide” (Ref. 3).

 

2000

 

“The average price of homes sold during the first three months of 2000 in Southwest Boise and Meridian, served by Boise School District was $144,553, as compared to the median price of $136,000” (Ref. 7).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2000

28

27

55 (Ref. 7)

2nd/2000

72

26

98 (Ref. 8)

3rd/2000

73

39

112 (Ref. 9)

4th/2000

68

37

105 (Ref. 10)

TOTAL

241

129

370

 

“Ada County average price of a home at the end of March 2000 was $151,591, as compared to the median price of $123,500 county wide” (Ref. 7).

 

2001

 

“At the end of the First Quarter of 2001, the average price of homes sold in Southwest Boise and Meridian was $136,115, as compared to the Median price of $127,150” (Ref. 11).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2001

74

40

114 (Ref. 11)

2nd/2001

65

66

131 (Ref. 12)

3rd/2001

63

53

116 (Ref. 13)

4th/2001

50

52

102 (Ref. 14)

TOTAL

252

211

463

 

“Ada County average price of homes sold at the end of the first three months of 2001 was $158,827, as compared to the median price of $131,000” (Ref. 11).

 

2002

 

“At the end of the First Quarter of 2002, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $159,763, as compared to the Median price of $147,900. Ada County average price of homes sold at the end of the first three months of 2002 was $166,999, as compared to the median price of $139,000” (Ref. 15).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2002

40

31

71 (Ref. 15)

2nd/2002

58

64

122 (Ref. 16)

3rd/2002

90

42

132 (Ref. 17)

4th/2002

96

43

139 (Ref. 18)

TOTAL

284

180

464

 

“Southwest Boise and Meridian (Area 550), Second Quarter 2002 average price of homes sold was $158,352, as compared to the median price of $140,000. Ada County average price of homes sold at the end of the first three months of 2002 was $172,188, as compared to the median price of $140,000” (Ref. 16).

 

“At the end of the Third Quarter of 2002, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $144,728, as compared to the Median price of $133,061. Ada County average price of homes sold at the end of the Third Quarter or September 2002 was $173,920, as compared to the median price of $143,545” (Ref. 17).

 

“At the end of the Fourth Quarter of 2002, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $153,178, as compared to the Median price of $134,941. Ada County average price of homes sold at the end of the Fourth Quarter 2002 was $167,911, as compared to the median price of $142,025” (Ref. 18).

 

January 1998 through December 2002 Southwest Boise and Meridian (Area 550) Single-Family Homes Sold:

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st - 4th / 1998

100

356

556

1st - 4th / 1999

247

312

559

1st - 4th / 2000

241

129

370

1st - 4th / 2001

252

211

463

1st - 4th / 2002

284

180

464

TOTAL

1,124

1,188

2,412

 

January 1998 through December 2002 Southwest Boise and Meridian (Area 550) Single-Family Homes Sold consists of the following monthly average by decimal:

 

NEW CONST

EXISTING HOMES

TOTAL LISTING

18.73

19.8

40. 2

 

2003

 

“At the end of the First Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $147,229, as compared to the Median price of $130,167. Ada County average price of homes sold at the end of the first three months of 2003 was $164,136, as compared to the median price of $139,800” (Ref. 19)

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2003

86

44

130 (Ref. 19)

2nd/2003

92

64

156 (Ref. 20)

3rd/2003

110

68

178 (Ref. 21)

4th/2003

99

56

155 (Ref. 22)

TOTAL

387

232

519

 

“At the end of the Second Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $155,980, as compared to the Median price of $137,500.  Ada County average price of homes sold at the end of the Second Quarter or June 2003 was $164,136, as compared to the median price of $139,800” (Ref. 20).

 

“At the end of the Third Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $160,759, as compared to the Median price of $141,700. Ada County average price of homes sold at the end of the Third Quarter or September 2003 was $178,882, as compared to the median price of $150,000” (Ref. 21).

 

“At the end of the Fourth Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $156,566, as compared to the Median price of $142,398. Ada County average price of homes sold at the end of the Fourth Quarter 2003 was $185,995, as compared to the median price of $155,900” (Ref. 22).

 

First through Fourth Quarter of 2003 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st to 4th Qtr

32.25

19.33

43.25

 

2004

 

“At the end of the First Quarter of 2004, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $165,195, as compared to the Median price of $142,951. Ada County average price of homes sold at the end of the first three months of 2004 was $179,925, as compared to the median price of $160,000” (Ref. 23).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st Qtr 2004

71

37

108 (Ref. 23)

2nd Qtr 2004

130

96

226 (Ref. 24)

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

853-602=251 (Ref. 25)

4th Qtr 2004

187

81

268 (Ref. 26)

TOTAL

388

214

853

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1st, 2nd & 3rd 2004 (81-months) and total listing = 85-months

 

“At the end of the Second Quarter of 2004, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $169,580, as compared to the Median price of $154,175.  Ada County average price of homes sold at the end of the Second Quarter or June 2004 was $191,157, as compared to the median price of $160,000” (Ref. 24).

 

“At the end of the Third Quarter of 2004, the average price of homes sold in West Southwest Boise and Meridian (Area 550) was _____, as compared to the Median price of _____. Ada County average price of homes sold at the end of the Third Quarter or September 2004 was _____, as compared to the median price of _____” (Ref. 25)

 

“At the end of the Fourth Quarter of 2004, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $167,246, as compared to the Median price of $162,324. Ada County average price of homes sold at the end of the Fourth Quarter 2004 was $203,190, as compared to the median price of $170,000” (Ref. 26)

 

First through Fourth Quarters of December 2004 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st, 2nd & 4th 2004

37.55

23.77

71.08

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Existing Homes = 9-months and total listing = 12-months

 

January 1998 through December 2004 total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

100

356

556

1999

247

312

559

2000

241

129

370

2001

252

211

463

2002

1,124

1,188

2,412

2003

387

232

519

1st, 2nd & 4th 2004

388

214

602

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

853-602=251

TOTAL

2,739

2,642

5,732

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1st, 2nd & 3rd 2004 (81-months) and total listing = 84-months

 

January 1998 through December 2004 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to 2004

33.81

32.61

68.23

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1st, 2nd & 3rd 2004 (81-months) and total listing = 84-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

 

2005

 

“At the end of the First Quarter of 2005, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $174,250, as compared to the Median price of $169,445. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $173,500” (Ref. 27)

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2005

Not reported

Not reported

190 (Ref. 27)

04/05

Not reported

Not reported

95 (Ref. 28)

TOTAL

 

 

285

Total listing = 4-months

               

“During April 2005 the average price of homes sold in Southwest Boise and Meridian (Area 550) was $179,316, as compared to the Median price of $169,325. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $176,015” (Ref. 28)

 

January though April 2005 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

Jan to Apr 2005

 

 

23.75

Total listing = 4-months

                                

January 1998 through April 2005 total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

100

356

556

1999

247

312

559

2000

241

129

370

2001

252

211

463

2002

1,124

1,188

2,412

2003

387

232

519

1st, 2nd & 4th 2004

388

214

602

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

853-602=251

1st Qtr /2005

Not reported

Not reported

190

04/05

Not reported

Not reported

95

TOTAL

2,739

2,642

6,017

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

New Construction and Exiting Homes Jan to April 2005 not available

 

January 1998 through April 2005 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to April 2005

33.81

32.61

68.375

*January 1998 through April 2005

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

New Construction and Exiting Homes Jan to April 2005 not available

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS) http://www.intermountainmls.com/rstats/AdaInterface.html 

 

(Ref. 1) http://www.intermountainmls.com/rstats/AdaQtr4.htm

(Ref. 1B) http://www.intermountainmls.com/statistics.html

(Ref. 1C) http://www.intermountainmls.com/statistics.html

(Ref. 2) http://www.intermountainmls.com/rstats/AdaQtr1.htm

(Ref. 3) http://www.intermountainmls.com/rstats/Ada4Q99.htm

(Ref. 4) http://www.intermountainmls.com/rstats/Ada1Q99.htm 

(Ref. 5) http://www.intermountainmls.com/rstats/Ada2Q99.htm 

(Ref. 6) http://www.intermountainmls.com/rstats/Ada3Q99.htm

(Ref. 7) http://www.intermountainmls.com/rstats/Ada1Q00.htm 

(Ref. 8) http://www.intermountainmls.com/rstats/Ada2Q.htm 

(Ref. 9) http://www.intermountainmls.com/rstats/AdaQ3.html 

(Ref. 10) http://www.intermountainmls.com/rstats/ada4q00.html 

(Ref. 11) http://www.intermountainmls.com/rstats/Ada1Q01.html 

(Ref. 12) http://www.intermountainmls.com/rstats/Ada2Q01.pdf 

(Ref. 13) http://www.intermountainmls.com/rstats/Ada3Q01.pdf 

(Ref. 14) http://www.intermountainmls.com/rstats/Ada4Q01.pdf 

(Ref. 15) http://www.intermountainmls.com/rstats/Ada1Q02.pdf

(Ref. 16) http://www.intermountainmls.com/rstats/Ada2Q02.pdf

(Ref. 17) http://www.intermountainmls.com/rstats/Ada3Q02.pdf

(Ref. 18 to 28) http://www.intermountainmls.com/statistics.html

 

 

West Boise (Area 600)

 

South Boise Village Neighborhood Association http://www.southboisevillage.neighborhood.com

 

South Boise Map provided by the City of Boise http://www.cityofboise.org/pds/Neighborhood/Maps/South%20Boise%20Village.gif
 

West Boise Map provided by the Intermountain Multiple Listing Services, Inc (IMLS) Residential Home Sales

http://www.intermountainmls.com/images/adamap4.gif  

 

Downtown Boise Association http://www.downtown.neighborhood.com

 

Downtown Boise Map provided by the City of Boise http://www.cityofboise.org/pds/Neighborhood/Maps/downtown.gif

 

City of Boise Home Page http://www.cityofboise.org

 

Idaho Commerce & Labor http://www.idoc.state.id.us

 

"West Boise residents can take advantage of several neighborhood parks as well as the Boise City Aquatics Center, a recreational facility jointly funded by the city of Boise and the YMCA.  A new and unique 44-acre park also is in the works.  The Hyatt Hidden Lakes Reserve will be developed to include existing wetlands that attract thousands of migratory birds a year.  Work on the park is not expected to start until a project to extend Maple Grove Road from Bench to Chinden Boulevard in Garden City is finished.  The Maple Grove Road project, which is already raising concerns from West Boise residents over the traffic it will generate, is slated to start in 2002. 

 

Boise School District, Idaho’s largest School District had 26,700 students enrolled in 2000." As reported by Bill Roberts staff of the Idaho Statesman September 24, 2000.

 

"Ustick Station in West Boise, is meant to capture the history and essence of the old Ustick town site and is a New Urban project.

 

Ustick Concept Master Plan provided by the City of Boise

http://www.cityofboise.org/pds/Neighborhood/ustcpln2.pdf

 

Developers Ron Andrea Sargent and Ted Mason are constructing the mixed-use, pedestrian-friendly development along Ustick Road.  It will include a two-story building designed to look like an old-fashioned storefront.  The building will be pushed up to the street with a sidewalk running its entire length.

 

Retail shops will occupy the 6,500-square-foot bottom floor, and apartments will occupy the top floor.  The developers envision a neighborhood center similar to the North End’s Hyde Park.  Behind the building, Mason and the Sargents are constructing town houses.  Ustick Station is the first project in Boise that conforms to the new “pedestrian commercial” zoning designation.

 

Treasure Valley residents can expect to see more New Urban or traditional neighborhood development, Argent said.  “We are seeking traditional neighborhood nationwide.  If anything, Boise is behind, “Mason said.  “I don’t think it’s a gimmick.  There’s a proven market desire for this.”

 

The Sargents and Mason already have started on another New Urban development.  The new project, in Southeast Boise, is called Cottage and will include homes and garages behind the homes accessed by allies.  Sargent said that while the city promotes New Urban development in concept, the Ustick has been delayed because of building stipulations that require him and Mason respectively appear before the city.

 

Regulations about shared driveways and other rules requiring balcony access for every second floor apartment have been the most recent holdups.  Balcony’s would not match the architecture of the building, so Mason and Sargent will be asking the city for a variance, or exception, to the rule.

 

“The city has done a lot in passing pedestrian commercial zoning,” Sargent said. “There are still a lot of details and specifics that don’t fit”.

 

Planning staff and city officials are still working out details in the ordinances that should clarify the process for approval, Simmons said.  “It’s a balancing act, and we are still trying to find out the right set of standards,” Simmons said.  “(Ideally) if you follow the ordinance you don’t need to go through a bunch of discretionary hearings.”  Butt developers should not expect design controls and other building requirements to be eliminated, said Simmons.  “We can't just take city the standards and let them do what they want.  If we do, we are likely to end with suburban style of development,” Simmons said." As reported by the Idaho Statesman, 2000:

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS) http://www.intermountainmls.com/rstats/AdaInterface.html 

 

1998

 

“West Boise refereed to, as Area 600, average price of a home sold by December 1998 was $202,393, as compared to the Median price of $174,900” (Ref. 1)

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1998

9

51

60 (Ref. 2)

2nd/1998

15

137

152 (Ref. 1B)

3rd/1998

20

230

250 (Ref. 1C)

4th/1998

44

270

314 (Ref. 1)

TOTAL

88

668

776

 

“Ada County average price of a home sold was $140,728 at the end of December 1998, as compared to the median price of $119,900 county wide” (Ref. 1)

 

1999

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1999

5

60

65 (Ref. 4)

2nd/1999

9

144

153 (Ref. 5)

3rd/1999

13

221

234 (Ref. 6)

4th/1999

14

281

295 (Ref. 3)

TOTAL

41

706

747

 

“Ada County average of the price of a home sold was $147,829 at the end of December 1999, as compared to the median price of $123,500 county wide” (Ref. 3)

 

2000

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2000

1

56

57 (Ref. 7)

2nd/2000

4

103

107 (Ref. 8)

3rd/2000

4

84

84 (Ref. 9)

4th/2000

0

84

84 (Ref. 10)

TOTAL

5

327

332

 

“Ada County average price of home of $151,591 at the end of March 2000, as compared to the median price of $123,500 county wide” (Ref. 7).

 

2001

 

“At the end of the First Quarter of 2001, the average price of homes sold in West Boise was $130,206, as compared to the Median price of $109,200. (Ref. 11)

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2001

1

62

63 (Ref. 11)

2nd/2001

8

101

109 (Ref. 12)

3rd/2001

1

102

103 (Ref. 13)

4th/2001

2

84

86 (Ref. 14)

TOTAL

12

349

361

 

“Ada County average price of homes sold at the end of the first three months of 2001 was $158,827, as compared to the median price of $131,000” (Ref. 11).

 

2002

 

“At the end of the First Quarter of 2002, the average price of homes sold in West Boise (Area 600) was $126,151 as compared to the Median price of $113,500. Ada County average price of homes sold at the end of the first three months of 2002 was $166,999, as compared to the median price of $139,000” (Ref. 15).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2002

2

60

62 (Ref. 15)

2nd/2002

0

86

86 (Ref. 16)

3rd/2002

0

89

89 (Ref. 17)

4th/2002

1

85

86 (Ref. 18)

TOTAL

3

320

323

 

“At the end of the Second Quarter of 2002, the average price of homes sold in West Boise (Area 600) was $121,825, as compared to the Median price of $113,550. Ada County average price of homes sold at the end of the Second Quarter or June 2002 was $172,188, as compared to the median price of $140,000” (Ref. 16).

 

“At the end of the Third Quarter of 2002, the average price of homes sold in West Boise (Area 600) was $134,103, as compared to the Median price of $122,500. Ada County average price of homes sold at the end of the Third Quarter or September 2002 was $173,920, as compared to the median price of $143,545” (Ref. 17).

 

“At the end of the Fourth Quarter of 2002, the average price of homes sold in West Boise (Area 600) was $129,909, as compared to the Median price of $114,725. Ada County average price of homes sold at the end of the Fourth Quarter 2002 was $167,911, as compared to the median price of $142,025” (Ref. 18).

 

January 1998 through December 2002 West Boise (Area 600) Single-Family Homes Sold:

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st - 4th / 1998

88

668

776

1st - 4th / 1999

41

706

747

1st - 4th / 2000

5

327

332

1st - 4th / 2001

12

349

361

1st - 4th / 2002

3

320

323

TOTAL

149

2,370

2,539

 

January 1998 through December 2002 West Boise (Area 600) Single-Family Homes Sold consists of the following monthly average by decimal:

 

NEW CONST

EXISTING HOMES

TOTAL LISTING

 

 

 

 

2003

 

“At the end of the First Quarter of 2003, the average price of homes sold in West Boise (Area 600) was $126,059, as compared to the Median price of $117,050. Ada County average price of homes sold at the end of the first three months of 2003 was $164,136, as compared to the median price of $139,800” (Ref. 19).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2003

1

61

64 (Ref. 19)

2nd/2003

1

96

97 (Ref. 20)

3rd/2003

2

92

94 (Ref. 21)

4th/2003

4

68

72 (Ref. 22)

TOTAL

8

317

327

 

“At the end of the Second Quarter of 2003, the average price of homes sold in West Boise (Area 600) was $129,498, as compared to the Median price of $118,250.  Ada County average price of homes sold at the end of the Second Quarter or June 2003 was $164,136, as compared to the median price of $139,800” (Ref. 20).

 

“At the end of the Third Quarter of 2003, the average price of homes sold in West Boise (Area 600) was $133,662, as compared to the Median price of $119,350. Ada County average price of homes sold at the end of the Third Quarter or September 2003 was $178,882, as compared to the median price of $150,000” (Ref. 21).

 

“At the end of the Fourth Quarter of 2003, the average price of homes sold in West Boise (Area 600) was $129,324, as compared to the Median price of $123,750. Ada County average price of homes sold at the end of the Fourth Quarter 2003 was $185,995, as compared to the median price of $155,900” (Ref. 22).

 

First through Fourth Quarter of 2003 Monthly Average total # Single-Family Homes Sold in West Boise (Area 600) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st to 4th Qtr

0.66

573

27.25

 

2004

 

“At the end of the First Quarter of 2004, the average price of homes sold in West Boise (Area 600) was $144,390, as compared to the Median price of $123,500. Ada County average price of homes sold at the end of the first three months of 2004 was $179,925, as compared to the median price of $160,000” (Ref. 23).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st Qtr 2004

0

70

70 (Ref. 23)

2nd Qtr 2004

2

114

116 (Ref. 24)

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

398-273=125 (Ref. 25)

4th Qtr 2004

6

81

87 (Ref. 26)

TOTAL

8

265

398

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

 

“At the end of the Second Quarter of 2004, the average price of homes sold in West Boise (Area 600) was $143,797, as compared to the Median price of $129,798.  Ada County average price of homes sold at the end of the Second Quarter or June 2004 was $191,157, as compared to the median price of $160,000” (Ref. 24).

 

“At the end of the Third Quarter of 2004, the average price of homes sold in West West Boise (Area 600) was _____, as compared to the Median price of _____. Ada County average price of homes sold at the end of the Third Quarter or September 2004 was _____, as compared to the median price of _____” (Ref. 25).

 

“At the end of the Fourth Quarter of 2004, the average price of homes sold in West Boise (Area 600) was $139,389, as compared to the Median price of $128,900. Ada County average price of homes sold at the end of the Fourth Quarter 2004 was $203,190, as compared to the median price of $170,000” Ref. 26).

 

First through Fourth Quarters of December 2004 Monthly Average total # Single-Family Homes Sold in West Boise (Area 600) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st, 2nd & 4th 2004

0.88

29.44

33.16

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Existing Homes = 9-months and total listing = 12-months

 

January 1998 through December 2004 total # Single-Family Homes Sold in West Boise (Area 600):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

88

668

776

1999

41

706

747

2000

5

327

332

2001

12

349

361

2002

3

320

323

2003

8

317

327

1st, 2nd & 4th 2004

8

265

273

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

398-273=125

TOTAL

165

2,952

3,264

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 = 81-months and total listing = 84-months

 

January 1998 through December 2004 Monthly Average total # Single-Family Homes Sold in West Boise (Area 600) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to 2004

2.03

36.44

38.85

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 = 81-months and total listing = 84-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

 

2005

 

“At the end of the First Quarter of 2005, the average price of homes sold in West Boise (Area 600) was $150,368, as compared to the Median price of $137,300. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $173,500” (Ref. 27).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2005

Not reported

Not reported

80 (Ref. 27)

04/05

Not reported

Not reported

46 (Ref. 28)

TOTAL

 

 

126

Total listing = 4-months

                                

“During April 2005 the average price of homes sold in West Boise (Area 600) was $137,950, as compared to the Median price of $146,401. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $176,015” (Ref. 28).

 

January though April 2005 Monthly Average total # Single-Family Homes Sold in West Boise (Area 600) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

Jan to Apr 2005

 

 

10.5

Total listing = 4-months

                                

January 1998 through April 2005 total # Single-Family Homes Sold in West Boise (Area 600):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

88

668

776

1999

41

706

747

2000

5

327

332

2001

12

349

361

2002

3

320

323

2003

8

317

327

1st, 2nd & 4th 2004

8

265

273

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

398-273=125

1st Qtr /2005

Not reported

Not reported

80

04/05

Not reported

Not reported

46

TOTAL

165

2,952

3,390

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

New Construction and Exiting Homes Jan to April 2005 not available

 

January 1998 through April 2005 Monthly Average total # Single-Family Homes Sold in West Boise (Area 600) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to April 2005

2.03

36.44

38.52

*January 1998 through April 2005

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

New Construction and Exiting Homes Jan to April 2005 not available

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS)

http://www.intermountainmls.com/rstats/AdaInterface.html 

 

(Ref. 1) http://www.intermountainmls.com/rstats/AdaQtr4.htm

(Ref. 1B) http://www.intermountainmls.com/statistics.html

(Ref. 1C) http://www.intermountainmls.com/statistics.html

(Ref. 2) http://www.intermountainmls.com/rstats/AdaQtr1.htm

(Ref. 3) http://www.intermountainmls.com/rstats/Ada4Q99.htm

(Ref. 4) http://www.intermountainmls.com/rstats/Ada1Q99.htm 

(Ref. 5) http://www.intermountainmls.com/rstats/Ada2Q99.htm 

(Ref. 6) http://www.intermountainmls.com/rstats/Ada3Q99.htm

(Ref. 7) http://www.intermountainmls.com/rstats/Ada1Q00.htm 

(Ref. 8) http://www.intermountainmls.com/rstats/Ada2Q.htm 

(Ref. 9) http://www.intermountainmls.com/rstats/AdaQ3.html 

(Ref. 10) http://www.intermountainmls.com/rstats/ada4q00.html 

(Ref. 11) http://www.intermountainmls.com/rstats/Ada1Q01.html 

(Ref. 12) http://www.intermountainmls.com/rstats/Ada2Q01.pdf 

(Ref. 13) http://www.intermountainmls.com/rstats/Ada3Q01.pdf 

(Ref. 14) http://www.intermountainmls.com/rstats/Ada4Q01.pdf 

(Ref. 15) http://www.intermountainmls.com/rstats/Ada1Q02.pdf

(Ref. 16) http://www.intermountainmls.com/rstats/Ada2Q02.pdf

(Ref. 17) http://www.intermountainmls.com/rstats/Ada3Q02.pdf

(Ref. 18 to 28) http://www.intermountainmls.com/statistics.html

 

 

West Boise and Garden City - Meridian District (Area 650)

 

West Boise and Garden City - Meridian District Map provided by The Intermountain Multiple Listing Services, Inc (IMLS)

http://www.intermountainmls.com/images/adamap4.gif 

 

Downtown Boise Association http://www.downtown.neighborhood.com

 

Downtown Boise Map provided by the City of Boise http://www.cityofboise.org/pds/Neighborhood/Maps/downtown.gif

 

City of Boise Home Page http://www.cityofboise.org

 

Idaho Commerce & Labor http://www.idoc.state.id.us

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS)

http://www.intermountainmls.com/rstats/AdaInterface.html 

 

1998

 

“West Boise and Garden City - Meridian District, refereed to, as Area 650, average price of a home sold by December 1998 was $140,225, as compared to the Median price of $122,900” (Ref. 1).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1998

73

105

178 (Ref. 2)

2nd/1998

186

250

436 (Ref. 1B)

3rd/1998

296

391

687(Ref. 1C)

4th/1998

390

527

917 (Ref. 1)

TOTAL

945

1,273

2,218

 

“Ada County average of the price of a home sold was $140,728 at the end of December 1998, as compared to the median price of $119,900 county wide” (Ref. 1).

 

1999

 

“The average price of a home sold in West Boise and Garden City by December 1999 was $147,614, as compared to the Median price of $131,955” (Ref. 3).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/1999

83

91

174 (Ref. 4)

2nd/1999

239

238

477 (Ref. 5)

3rd/1999

380

402

782 (Ref. 6)

4th/1999

496

535

1,031 (Ref. 3)

TOTAL

1,198

1,266

2,464

 

“Ada County average price of a home sold was $147,829 at the end of December 1999, as compared to the median price of $123,500 county wide” (Ref. 3).

 

2000

 

“The average price of homes sold during the first three months of 2000 in West Boise and Garden City was $151,650, as compared to the median price of $129,350” (Ref. 7).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2000

92

88

180 (Ref. 7)

2nd/2000

113

118

231 (Ref. 8)

3rd/2000

131

181

312 (Ref. 9)

4th/2000

76

134

210 (Ref. 10)

TOTAL

412

521

332

 

“Ada County average price of home of $151,591 at the end of March 2000, as compared to the median price of $123,500 county wide” (Ref. 7).

 

2001

 

“At the end of the First Quarter of 2001, the average price of homes sold in West Boise and Garden City was $150,066, as compared to the Median price of $133,000” (Ref. 11).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2001

84

151

235 (Ref. 11)

2nd/2001

88

221

309 (Ref. 12)

3rd/2001

87

214

301 (Ref. 13)

4th/2001

85

169

254 (Ref. 14)

TOTAL

344

755

1,099

 

“Ada County average price of homes sold at the end of the first three months of 2001 was $158,827, as compared to the median price of $131,000” (Ref. 11).

 

2002

 

“At the end of the First Quarter of 2002, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $156,740 as compared to the Median price of $140,828. Ada County average price of homes sold at the end of the first three months of 2002 was $166,999, as compared to the median price of $139,000” (Ref. 15).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2002

64

126

190 (Ref. 15)

2nd/2002

49

178

227 (Ref. 16)

3rd/2002

61

183

244 (Ref. 17)

4th/2002

56

180

236 (Ref. 18)

TOTAL

230

667

897

 

“At the end of the Second Quarter of 2002, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $157,637, as compared to the Median price of $134,900. Ada County average price of homes sold at the end of the Second Quarter or June 2002 was $172,188, as compared to the median price of $140,000” (Ref. 16).

 

“At the end of the Third Quarter of 2002, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $163,366, as compared to the Median price of $147,539. Ada County average price of homes sold at the end of the Third Quarter or September 2002 was $173,920, as compared to the median price of $143,545” (Ref. 17).

 

“At the end of the Fourth Quarter of 2002, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $139,808, as compared to the Median price of $153,806. Ada County average price of homes sold at the end of the Fourth Quarter 2002 was $167,911, as compared to the median price of $142,025” (Ref. 18).

 

January 1998 through December 2002 West Boise and Garden City - Meridian District (Area 650) Single-Family Homes Sold:

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st - 4th / 1998

945

1,273

2,218

1st - 4th / 1999

1,198

1,266

2,464

1st - 4th / 2000

412

521

933

1st - 4th / 2001

344

755

1,099

1st - 4th / 2002

230

667

897

TOTAL

3,129

4,482

7,611

 

January 1998 through December 2002 West Boise and Garden City - Meridian District (Area 650) Single-Family Homes Sold consists of the following monthly average by decimal:

 

NEW CONST

EXISTING HOMES

TOTAL LISTING

52.15

74.7

126.85

 

2003

 

“At the end of the First Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $158,277, as compared to the Median price of $139,500. Ada County average price of homes sold at the end of the first three months of 2003 was $164,136, as compared to the median price of $139,800” (Ref. 19).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2003

53

153

206 (Ref. 19)

2nd/2003

28

221

249 (Ref. 20)

3rd/2003

37

227

264 (Ref. 21)

4th/2003

48

149

198 (Ref. 22)

TOTAL

166

750

917

 

“At the end of the Second Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $156,004, as compared to the Median price of $139,800.  Ada County average price of homes sold at the end of the Second Quarter or June 2003 was $164,136, as compared to the median price of $139,800” (Ref. 20).

 

“At the end of the Third Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $158,547, as compared to the Median price of $141,665. Ada County average price of homes sold at the end of the Third Quarter or September 2003 was $178,882, as compared to the median price of $150,000” (Ref. 21).

 

“At the end of the Fourth Quarter of 2003, the average price of homes sold in Southwest Boise and Meridian (Area 550) was $166,845, as compared to the Median price of $140,260. Ada County average price of homes sold at the end of the Fourth Quarter 2003 was $185,995, as compared to the median price of $155,900” (Ref. 22).

 

First through Fourth Quarter of 2003 Monthly Average total # Single-Family Homes Sold in Southwest Boise and Meridian (Area 550) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st to 4th Qtr

5.02

62.5

76.41

 

2004

 

“At the end of the First Quarter of 2004, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $165,332, as compared to the Median price of $140,500. Ada County average price of homes sold at the end of the first three months of 2004 was $179,925, as compared to the median price of $160,000” (Ref. 23).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st Qtr 2004

55

151

206 (Ref. 23)

2nd Qtr 2004

37

260

297 (Ref. 24)

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

1,019-733=286 (Ref. 25)

4th Qtr 2004

32

198

230 (Ref. 26)

TOTAL

124

609

1,019

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

 

“At the end of the Second Quarter of 2004, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $146,400, as compared to the Median price of $164,343.  Ada County average price of homes sold at the end of the Second Quarter or June 2004 was $191,157, as compared to the median price of $160,000” (Ref. 24).

 

“At the end of the Third Quarter of 2004, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was _____, as compared to the Median price of _____. Ada County average price of homes sold at the end of the Third Quarter or September 2004 was _____, as compared to the median price of _____” (Ref. 25).

 

“At the end of the Fourth Quarter of 2004, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $168,914, as compared to the Median price of $146,100. Ada County average price of homes sold at the end of the Fourth Quarter 2004 was $203,190, as compared to the median price of $170,000” (Ref. 26).

 

First through Fourth Quarters of December 2004 Monthly Average total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st, 2nd & 4th 2004

13.77

67.66

84.91

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Existing Homes = 9-months and total listing = 12-months

 

 

January 1998 through December 2004 total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

945

1,273

2,218

1999

1,198

1,266

2,464

2000

412

521

933

2001

344

755

1,099

2002

230

667

897

2003

166

750

917

1st, 2nd & 4th 2004

124

609

733

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

1,019-733=286

TOTAL

3,419

5,841

9,547

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 = 81-months and total listing = 84-months

 

January 1998 through December 2004 Monthly Average total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to 2004

42.20

72.11

113.65

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 = 81-months and total listing = 84-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

 

2005

 

“At the end of the First Quarter of 2005, the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $177,604, as compared to the Median price of $160,350. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $173,50” (Ref. 27).

 

QUARTER/YEAR

NEW CONST

EXISTING HOMES

TOTAL LISTING

1st/2005

Not reported

Not reported

196 (Ref. 27)

04/05

Not reported

Not reported

84 (Ref. 28)

TOTAL

 

 

280

Total listing = 4-months

                                

“During April 2005 the average price of homes sold in West Boise and Garden City - Meridian District (Area 650) was $169,896, as compared to the Median price of $154,950. Ada County average price of homes sold at the end of the first three months of 2005 was $204,644, as compared to the median price of $176,015” (Ref. 28)

 

January though April 2005 Monthly Average total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

Jan to Apr 2005

 

 

23.33

Total listing = 4-months

                                

January 1998 through April 2005 total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650):

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998

945

1,273

2,218

1999

1,198

1,266

2,464

2000

412

521

933

2001

344

755

1,099

2002

230

667

897

2003

166

750

917

1st, 2nd & 4th 2004

124

609

733

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

Not reported

Not reported

1,019-733=286

1st Qtr /2005

Not reported

Not reported

196

04/05

Not reported

Not reported

84

TOTAL

3,419

5,841

9,827

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

New Construction and Exiting Homes Jan to April 2005 not available

 

January 1998 through April 2005 Monthly Average total # Single-Family Homes Sold in West Boise and Garden City - Meridian District (Area 650) by decimal:

 

Ada County

NEW CONST

EXISTING HOMES

TOTAL LISTING

1998 to April 2005

42.20

72.11

111.67

*January 1998 through April 2005

Jan to June = 1st & 2nd Qtr & Sep to Dec = 4th Qtr 2004

New Construction and Exiting Homes total reflects 1998 to 1st, 2nd & 3rd 2004 to March 2005 = 81-months and total listing = 88-months

Year End Report 3rd Qtr total listing = difference of 1st, 2nd & 4th Qtr total listing

New Construction and Exiting Homes Jan to April 2005 not available

 

Ada County Residential Home Sales statistics provided by the Intermountain Multiple Listing Services, Inc (IMLS) http://www.intermountainmls.com/rstats/AdaInterface.html 

 

(Ref. 1) http://www.intermountainmls.com/rstats/AdaQtr4.htm

(Ref. 1B) http://www.intermountainmls.com/statistics.html

(Ref. 1C) http://www.intermountainmls.com/statistics.html

(Ref. 2) http://www.intermountainmls.com/rstats/AdaQtr1.htm

(Ref. 3) http://www.intermountainmls.com/rstats/Ada4Q99.htm

(Ref. 4) http://www.intermountainmls.com/rstats/Ada1Q99.htm 

(Ref. 5) http://www.intermountainmls.com/rstats/Ada2Q99.htm 

(Ref. 6) http://www.intermountainmls.com/rstats/Ada3Q99.htm

(Ref. 7) http://www.intermountainmls.com/rstats/Ada1Q00.htm 

(Ref. 8) http://www.intermountainmls.com/rstats/Ada2Q.htm 

(Ref. 9) http://www.intermountainmls.com/rstats/AdaQ3.html 

(Ref. 10) http://www.intermountainmls.com/rstats/ada4q00.html 

(Ref. 11) http://www.intermountainmls.com/rstats/Ada1Q01.html 

(Ref. 12) http://www.intermountainmls.com/rstats/Ada2Q01.pdf 

(Ref. 13) http://www.intermountainmls.com/rstats/Ada3Q01.pdf 

(Ref. 14) http://www.intermountainmls.com/rstats/Ada4Q01.pdf 

(Ref. 15) http://www.intermountainmls.com/rstats/Ada1Q02.pdf

(Ref. 16) http://www.intermountainmls.com/rstats/Ada2Q02.pdf

(Ref. 17) http://www.intermountainmls.com/rstats/Ada3Q02.pdf

(Ref. 18 to 28) http://www.intermountainmls.com/statistics.html

 

 

EQNEEDF views on Politics, Environment, Energy, Health, National, and Foreign Affairs

                ENERGY QUEST, former National Energy Efficient Development Inc.

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