Miss the bidding wars of 2018? Based on current trends we may be headed for the hottest Boise real estate market in two years.
The Boise median single-family home price jumped $42,600 to $335,000 in the month of December, finishing out the year of 2019 with a 14.57 percent increase.
In Ada County and Canyon County, the cost for the typical home rose 8.02 percent and 13.08 percent, respectively.
While every city in the Treasure Valley is seeing higher prices, the lowest priced markets continue to appreciate the fastest. “Luxury” markets are seeing the smallest year-over-year price gains with Eagle up a relatively paltry 3.73 percent.
Compared to last year, total homes sales rose 18.76 percent in Ada County and 26.11 percent in Canyon
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