Bonneville County's Market Conditions
Idaho and especially South East Idaho's Real Estate Market remains relatively strong compared to most of the nation. Idaho Falls is centrally located with the Snake River flowing through the city. This high desert plain is close to the mountains with Yellowstone, Jackson or Sun Valley only a 2 hour drive away. We have great shopping and medical facilities here. This is a great community and I am proud to call it HOME. We welcome you to our area! So far during this Winter season, we still have a high supply of homes on the market. So far however, 2009 year-to-date shows a 4% decrease from year-to-date last year in the number of NEW listings at 2416 homes. In 2007, we averaged 645/mo active homes on the market; however, in 2008 we averaged 1116/mo. That is a 73% jump in our inventory (Jan 1 - Dec 31, 2007 vs 2008). 2009 averaged 1274 active listings per month, an increase of 14%.. With the slight increase in supply coupled with a decrease in demand due to the current economic market instability, our market is quieter than normal but homes are still selling. Now is a great time to buy a home with many motivated sellers out there. Our market did turn in September of 2007 and sales have not been the same since then. However, in comparison to other areas of the country we are holding good and home prices are still appreciating ever so slightly just not at the pace people became accustomed to in the past years. Despite all the national media talk, our market is still more balanced than most. Days on market are up 16% and the average sales price in our market has dropped by 6%. One interesting statistic to me is the number of price reductions. In 2007, there were 797 price changes. In 2008, there were 1294 price changes which represent a 62% increase. Please e-mail me at mag@realtor.com for detailed graphs.
About Brett Magleby Named 2008 IDAHO FALLS REALTOR OF THE YEAR!
I was born in Salt Lake City, Utah, moved to Rexburg, Idaho at the age of two and grew up on a cattle ranch in Island Park. I lived in Japan for two years while serving a church mission, am active in my faith and have served in various leadership capacities. I received a Bachelors Degree in Accounting from Utah State University and a Masters Degree (MBA) from Idaho State University. I moved back to Idaho Falls in 1993. I have lived in the Idaho Falls/Ammon area, with my beautiful wife and 3 wonderful children ever since.
I have been an associate with RE/MAX Homestead Realty, Inc in Idaho Falls for over 14 years. Real estate sales has been my only profession. I am a member of the RE/MAX Platinum Club for production and have been inducted into the RE/MAX Hall of Fame. I am in the top 20 of residential REALTORS® in the Idaho Falls Area. I have served on many different boards over 10 of those 14 years, was the Idaho Falls MLS (multiple listing service) President in 2000, was chosen as the local REALTOR® of the Year in 2001 by my peers in the Idaho Falls Association and have served on the State Real Estate Forms Committee for 5 years. I am currently the East District Vice President on the Executive Committee of the Idaho Association of REALTORS®, representing all REALTORS® from Southeast Idaho. This position has allowed me to me involved in many legislative issues that directly affect our industry. I have enjoyed traveling the state meeting other REALTORS® and using my leadership skills to make the association run more effectively and efficiently.
In my spare time (usually between 5 and 8 am), I play competitive racquetball and enjoy working out at the gym.
Among my peers I am considered a professional, honest, and very knowledgeable REALTOR®. My commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve. When you are an informed buyer or seller, you´ll make the best decisions for the most important purchase or sale in your lifetime. That´s why my goal is to keep you informed on trends in the marketplace using the latest statistics in your local area. As a local area expert with knowledge of the communities, my objective is to work diligently to assist you in meeting your real estate goals.
As of 03/16/10 the Brett Magleby RePage is ranked at 23 with 16,325 points.
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Local Information for Idaho Falls, ID
Latitude: 43.491775 -- Longitude: -112.032509
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ZIP Codes for Idaho Falls, Idaho
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83401 
83402 
83403 
83404 
83405 
83406 
83415 
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Area Code for Idaho Falls, Idaho
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208
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Time zone for Idaho Falls, Idaho
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MST
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Other Area Cities:
Idaho Falls, ID
Rexburg, ID
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Idaho Falls is the county seat and largest city of Bonneville County, Idaho, USA.GR6 As of the 2000 census Idaho Falls population was 50,730 (2003 estimate: 51,507).[1][2]
Idaho Falls routinely switches places with Pocatello as the third largest city in the state and the largest city in the Eastern Idaho region. Idaho Falls is the principal city of and is included in the Idaho Falls, Idaho Metropolitan Statistical Area, which is included in the Idaho Falls-Blackfoot, Idaho Combined Statistical Area.
The city is served by the Idaho Falls Regional Airport and is home to the Idaho Falls Chukars minor league baseball team. Its sister city is the town of Tokai-Mura, Japan.
Idaho Falls borders on Ammon, Idaho.
-- Source: Wikipedia.com
Idaho 2000 Census Population Profile Map
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Idaho Falls |
Idaho |
United States |
|---|
| Population |
50,730 |
1,293,953 |
281,421,906 |
|---|
| Median age |
32.3 |
33.2 |
35.3 |
|---|
| Median age for Male |
31.2 |
32.2 |
34 |
|---|
| Median age for Female |
33.6 |
34.2 |
36.5 |
|---|
| Households |
18,793 |
469,645 |
105,480,101 |
|---|
| Household population |
49,784 |
1,262,457 |
273,643,273 |
|---|
| Average household size |
2.65 |
2.69 |
2.59 |
|---|
| Families |
13,173 |
335,588 |
71,787,347 |
|---|
| Average family size |
3.21 |
3.17 |
3.14 |
|---|
| Housing units |
19,771 |
527,824 |
115,904,641 |
|---|
| Occupied units |
18,793 |
469,645 |
105,480,101 |
|---|
| Vacant units |
978 |
58,179 |
10,424,540 |
|---|
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Brett Magleby
RE/MAX Homestead Realty, Inc.
3525 Merlin Dr.
Idaho Falls, ID 83404
VOICE: 208-529-5600
FAX: 208-529-3283
TOLL FREE: 800-729-5601
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