End of the year stats for you to see how the market is doing.
Total # sold Residential Homes in Twin Falls County – 860. Of which 640 where in Twin Falls City.
Average Sales Price for: County - $144,370, City $148,195
116 Homes were sold new construction and 116 homes were sold distressed (Bank-owned, Foreclosure, & Short Sale) in the county of Twin Falls.These two combined totaled 13.5% of the sold.
Of those homes, 102 homes were sold new construction and 83 homes were sold distressed (Bank-owned, Foreclosure, & Short Sale) in the city of Twin Falls. Those two combined made up for 13% of the market sold.
Lastly, Total # of sold Residential lots: 59 for city and 90 for the county.
Side note: Of the 11,620 Sales that took place through the Intermountain Multiple listing sales in the 2009, 37.9% were comprised of distressed properties.
There was a total of 34 building permits pulled for new construction in Twin Falls County for 2009.