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Boise Area 4 plex sales - Prices down 21% over 2008

 So far the first half of the year has shown very little movement in small apartment building sales.  When looking at 4 plexes there have been 10 sales year to date, nearly on track with 2008 volumne of 11 property sales. On top of that the average price is $271,000 for this year.  The typical 4 plex that is 5 years old is averaging a the low 300's.  Compared to the same time last year the average price was $344,000 or a 21% drop in value.

Posted by DarrinJ at 7/5/2009 8:35:00 PM
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