Boise Market Enters Spring With More Buyers and Stable Prices
Posted by Lisa Kohl on
April brought more buyers to the Boise housing market, but home prices remained mostly stable.
In Ada County, the median sold price was $545,000, virtually unchanged from last year. In Canyon County, the median sold price rose 3.59% to $429,900. During a time of year when spring activity typically picks up, prices were largely flat.
Stable prices do not mean buyers were sitting still. Pending sales, which reflect homes that went under contract during the month, were notably stronger in April. Ada County recorded its strongest April for pending sales since 2022, when the market was just beginning to feel the effects of rapidly rising mortgage rates. That does not mean the market has returned to the pace of the pandemic years, but it does show…
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