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October 2016

Found 1 blog entry for October 2016.

Boise Real Estate Market Update September 2016

Boise home prices are holding steady and are basically unchanged from April. Although the inventory of homes remains extremely low, and demand remains high, particularly below $200,000. Overall we are still very much in a seller's market. September 2016 housing market summary:

  • The median list price increased to $230,000 in September (up 4.90% from 12 months ago)
  • The median home price increased to $228,000 in September (up 5.92% from 12 months ago)
  • Total home sales decreased to 470 in September (up 12.44% from 12 months ago)
  • Median days on market increased to 15 days in September (down 6 days from 12 months ago)
  • Available homes for sale decreased to a 1.70 months supply in September (down 10.53% from 12 months ago)
  • 30-year mortgage
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