Real Estate Boise Market Update April 2016
Posted by Lisa Kohl on Monday, May 9th, 2016 at 1:51pm
The current trend in April – higher home prices, low inventory of homes and extremely high demand. Boise real estate is more popular than ever. April housing market summary:
- The median list price increased to $229,450 (up 14.78% from last year)
- The median home price increased to $226,700 (up 13.35% from last year)
- Total home sales increased to 470 (up 12.71% from last year)
- Median days on market decreased to 7 days (down 50% from last year)
- Available homes for sale decreased to a 1.51 months supply (down 54% from last year)
- Mortgage rates decreased to 3.61 percent
Local Real Estate Markets in April
Caldwell, Idaho
- Median List Price $145,000
- Median Sold Price $144,900
- Days on Market 12
- Total Sold 111
Eagle, Idaho
- Median List Price $369,900
- Median Sold Price $368,755
- Days on Market 32
- Total Sold 73
Kuna, Idaho
- Median List Price $169,390
- Median Sale Price $169,200
- Days on Market 19
- Total 62
Meridian, Idaho
- Median List Price $249,450
- Median Sold Price $247,582
- Days on Market 14
- Total 260
Middleton, Idaho
- Median List Price $172,900
- Median Sold Price $172,450
- Days on Market 14
- Total Sold 28
Nampa, Idaho
- Median List Price $156,500
- Median Sold Price $157,000
- Days on Market 10
- Total 189
Star, Idaho
- Median List Price $288,400
- Median Sale Price $288,400
- Days on Market 21
- Total Sold 36
Lisa Kohl
Lisa Kohl is a professional Realtor in Boise, Idaho. Questions about the local real estate market? Contact us online or call (208) 391-4466.
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