According to the 2009 Profile of Homebuyers and Sellers provided by the NATIONAL ASSOCIATION OF REALTORS® (NAR), characteristics of homes purchased in 2009 are as follows:

• 78% of home buyers purchased single family homes
• New homes purchased were at the lowest level in 8 years; down 18 % of all homes purchased
• The typical home purchased was 1,800 square feet in size and built in 1991
• The medium price of homes purchased was $240,000 in the West.

According to my recent research utilizing data obtained from the Intermountain Multiple Listing Service, the medium price of homes purchased in the area of Twin Falls, Kimberly, Filer and Jerome in 2009 year-to-date is $135,000, substantially less than the National average for the western states.