Sign In

Dashboard

Login using...

New Search X

Real Estate Market

Boise Home Values

The median sales price for single-family houses in Boise, ID from July 1st to the 31st is $335,000 based on 511 home sales. The average price per square foot for Boise is $196, an increase of 10.73 percent compared to the same time last year. Boise real estate market summary:

  • The median list price decreased to $339,900 (up 15.22% from twelve months ago)
  • The median sold price decreased to $335,000 (up 13.96% from twelve months ago)
  • Total home sales rose to 511 (up from 503 twelve months ago)
  • Median days on market rose to 8 days (up 1 day from twelve months ago)
  • Available homes for sale rose to a 1.38 month supply (up from 1.21 twelve months ago)
  • 30-year fixed-rate mortgage rates decreased to 3.77% (down from 4.53% twelve months ago)

*Includes both new and existing home sales.

Found 59 blog entries about Real Estate Market.

Boise Real Estate Market Update January 2017

Available homes for sale in Boise and throughout Ada and Canyon counties are at record lows. Based on months of inventory, there are just 1.13 months of available homes for sale in Boise. In Ada County, we saw available existing homes for sale drop to 644 in December. In January we saw available homes for sale drop to 561, 44.1% less than in January of 2016.

2017 is bringing little relief to homebuyers. A monthly report doesn’t adequately reflect how quickly properties are selling. Of the 315 homes that listed for sale in January, 174 are either pending or already sold. In other words, they never “appeared as active”. In Ada County that amounted to 673 new listing of which 327 went pending or sold before the end of the month.

March is typically

1,249 Views, 0 Comments

Boise Real Estate Market Update December 2016

Boise home values finished 2016 with an 8.76% increase. After hitting a record high in June of $237,600 prices declined slightly in July. For the rest of the year, values remained unchanged to finish the month of December at a median value of $230,000.

At first, that might seem surprising considering the local real estate market is still sizzling. The reality is, the only reason prices aren’t even high is due to the lack of supply. At the beginning of January, Boise had approximately 500 homes for sale. Based on current sales this is the lowest inventory we have seen in nearly ten years.

Homebuyers continued shopping for new houses through November and December with no real slowdown. Rising mortgage interest rates and tight inventory levels being the

959 Views, 0 Comments

Boise Real Estate Market Update November 2016

Total home sales in Boise for the month of November increased by almost 35% from the same month last year. 35% is a massive increase; the fact that it happened in November is even more astounding. While home prices typically hold steady during the fall months in the Boise, ID the number of homes sold usually drops.

Near record low levels of inventory in October encouraged last-minute shoppers off the sidelines, particularly for those that expected to move into a new home before the Holidays. Buyers that had been looking for an extra bedroom have been more likely to forgo that in exchange for a more budget-friendly price.

Despite the low supply of available Boise homes for sale, buyers have been benefiting from historically low mortgage interest rates.

943 Views, 0 Comments

Boise Real Estate Market Update October 2016

Boise Real Estate Market

The median sales price for homes in Boise from Oct 1st to Oct 31st is $229,900 based on 425 home sales. The average price per square foot for Boise is $144, an increase of 11.63% compared to the same time last year. October 2016 housing market summary:

  • The median list price decreased to $229,999 in October (up 9.03% from 12 months ago)
  • The median home price increased to $229,900 in October (up 9.94% from 12 months ago)
  • Total home sales decreased to 420 in October (up 3.96% from 12 months ago)
  • Median days on market decreased to 13 days in October (down 8 days from 12 months ago)
  • Available homes for sale decreased to a 1.58 months supply in October (down 7.61% from 12 months ago)
  • 30-year mortgage rates
897 Views, 0 Comments

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
819 Views, 0 Comments

Boise Real Estate Market Update August 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. August 2016 housing market summary:

  • The median list price increased to $229,900 in August (up 6.98% from 12 months ago)
  • The median home price decreased to $227,750 in August (up 8.36% from 12 months ago)
  • Total home sales decreased to 508 in August (up 11.16% from 12 months ago)
  • Median days on market increased to 14 days in August (down five days from 12 months ago)
  • Available homes for sale increased to a 1.74 months supply in August (down 15% from 12 months ago)
  • 30-year mortgage rates remained
799 Views, 0 Comments

Boise Real Estate Market Update July 2016

Boise home prices are holding steady. Last month home sales hit a multi-year high and available homes for sale hit a multi-year low. Overall we are still very much in a seller's market. The inventory of homes remains extremely low, and demand remains high, particularly below $200,000. July 2016 housing market summary:

  • The median list price decreased to $229,496 in July (up 9.36% from 12 months ago)
  • The median home price decreased to $228,000 in July (up 8.62% from 12 months ago)
  • Total home sales decreased to 533 in July (up 4.10% from 12 months ago)
  • Median days on market remained unchanged at 8 days in July (down five days from 12 months ago)
  • Available homes for sale increased to a 1.59 months supply in July (down 38% from 12 months
800 Views, 0 Comments

Boise Real Estate Market Update June 16

June brings a new record high for Boise home prices. Home sales hit a multi-year high in June. Available homes for sale hit a multi-year low. Overall we are still very much in a sellers market. The inventory of homes remains extremely low, and demand remains high. June housing market summary:

  • The median list price increased to $239,000 in June (up 9.13% from 12 months ago)
  • The median home price increased to $237,250 in June (up 8.58% from 12 months ago)
  • Total home sales increased to 596 in June (up 5.49% from 12 months ago)
  • Median days on market remained unchanged at 8 days in June (down five days from 12 months ago)
  • Available homes for sale increased to a 1.48 months supply in June (down 38% from 12 months ago)
  • Mortgage rates
975 Views, 0 Comments

Boise Real Estate Market Update May 16

The higher level of available homes for sale in May kept home prices little changed from April. Overall we are still very much in a sellers market. The inventory of homes remains extremely low, and demand remains high. May Boise real estate summary:

  • The median list price increased to $229,000 in May (up 9.05% from 12 months ago)
  • The median home price increased to $227,522 in May (up 8.86% from 12 months ago)
  • Total home sales increased to 513 in May (up 5.77% from 12 months ago)
  • Median days on market increased to 8 days in May (unchanged 12 months ago)
  • Available homes for sale increased to a 1.57 months supply in May (down 48% from 12 months ago)
  • Mortgage rates decreased to 3.60% in May (down 0.24% from 12 months ago)

Local

924 Views, 0 Comments

Boise Real Estate Market Update Apr 16

The current trend in April – higher home prices, low inventory of homes and extremely high demand. Boise real estate is more popular than ever. April housing market summary:

  • The median list price increased to $229,450 (up 14.78% from last year)
  • The median home price increased to $226,700 (up 13.35% from last year)
  • Total home sales increased to 470 (up 12.71% from last year)
  • Median days on market decreased to 7 days (down 50% from last year)
  • Available homes for sale decreased to a 1.51 months supply (down 54% from last year)
  • Mortgage rates decreased to 3.61 percent

Local Real Estate Markets in April

Caldwell, Idaho

  • Median List Price $145,000
  • Median Sold Price $144,900
  • Days on Market 12
  • Total Sold 111

877 Views, 0 Comments