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