We may be in the midst of a once-a-century global pandemic, but you’d never guess it by looking at local housing data.
Despite statewide social distancing rules and nationwide uncertainty, both Ada and Canyon counties reported new record-high home prices for the month of April.
This is encouraging news for potential sellers who hit the “pause” button on listing their homes over the past few months. The housing market is still strong in the Treasure Valley – in some ways, perhaps even stronger than usual, thanks to our unique, local circumstances.
Urgency among homebuyers
There are a number of factors that play into the sales records we’re currently seeing. Over the past year, tight inventory in the Treasure Valley – around 1.5 months – has…