Treasure Valley home prices leaped to new records last month as buyers continue to outnumber sellers and listings remain elusive.
In another month for the record books, both Ada and Canyon Counties saw home prices rise over $20,000 from March to April.
Less than a year after crossing the half-million-dollar mark for the first time, the median home price in Ada County closed the month just $5,000 shy of the once unfathomable figure of $600,000.
The Boise metro area continues to see a fast-moving market, with half of all homes selling in less than 7 days, the second-fastest for any April on record. Open house activity remains strong, and multiple offers are typical on the most sought-after new listings.
We are in the heart of Spring Selling…