Below is a quick recap for sold multi-units in Ada County. The data is from IMLS sales which are either a duplex, triplex or fourplex. Does NOT include apartments.
16 Month Sales Summary from IMLS
ADA COUNTY - DUPLEX / TRIPLEX / FOURPLEX
DISTRESS VS NON-DISTRESS
DISTRESS
NON-DISTRESS
TOTAL SALES
Count
Percent
2010
Jan
1
50.0%
2
Feb
8
72.7%
3
27.3%
11
Mar
13
92.9%
7.1%
14
Apr
78.6%
21.4%
May
88.9%
11.1%
9
Jun
19
90.5%
9.5%
21
Jul
Aug
68.4%
6
31.6%
Sep
12
70.6%
5
29.4%
17
Oct
82.4%
17.6%
Nov
84.6%
15.4%
Dec
2011
15
75.0%
25.0%
20
62.5%
37.5%
57.9%
42.1%
66.7%
33.3%
Grand Total
171
77.4%
50
22.6%
221
Distress = Agent gave "YES" reply to REO, Short Sale, ForeclosureTypical = Agent gave "NO" reply to REO, Short Sale, Foreclosure
Of the estimated 128 active listings as of today, about 25% are distress. Think this number is a bit low?
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