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Real Estate Boise Market Update April 2016

Posted by Lisa Kohl on Monday, May 9th, 2016 at 1:51pm.

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

Eagle, Idaho

  • Median List Price $369,900
  • Median Sold Price $368,755
  • Days on Market 32
  • Total Sold 73

Kuna, Idaho

  • Median List Price $169,390
  • Median Sale Price $169,200
  • Days on Market 19
  • Total 62

Meridian, Idaho

  • Median List Price $249,450
  • Median Sold Price $247,582
  • Days on Market 14
  • Total 260

Middleton, Idaho

  • Median List Price $172,900
  • Median Sold Price $172,450
  • Days on Market 14
  • Total Sold 28

Nampa, Idaho

  • Median List Price $156,500
  • Median Sold Price $157,000
  • Days on Market 10
  • Total 189

Star, Idaho

  • Median List Price $288,400
  • Median Sale Price $288,400
  • Days on Market 21
  • Total Sold 36

Boise Real Estate Agent Lisa KohlLisa Kohl

Lisa Kohl is a professional Realtor in Boise, Idaho. Questions about the local real estate market? Contact us online or call (208) 391-4466.

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