Sign In

Dashboard

Login using...

New Search X

Real Estate Market Update June 2016

Posted by Lisa Kohl on Monday, July 11th, 2016 at 1:11pm.

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 decreased to 3.57% in June (down 0.41% from 12 months ago)

Local Real Estate Markets in June

Ada County

  • Median List Price $353,000
  • Median Sold Price $353,000
  • Days on Market 39
  • Total Sold 1,135

Eagle, Idaho

  • Median List Price $394,950
  • Median Sold Price $389,950
  • Days on Market 32
  • Total Sold 110

Kuna, Idaho

  • Median List Price $191,945
  • Median Sale Price $190,995
  • Days on Market 12
  • Total Sold 58

Meridian, Idaho

  • Median List Price $249,950
  • Median Sold Price $253,500
  • Days on Market 13
  • Total Sold 304

Star, Idaho

  • Median List Price $249,900
  • Median Sale Price $245,000
  • Days on Market 19
  • Total Sold 49

Canyon County

  • Median List Price $163,950
  • Median Sale Price $164,301
  • Days on Market 33
  • Total Sold 422

Caldwell, Idaho

  • Median List Price $149,450
  • Median Sold Price $148,492
  • Days on Market 12
  • Total Sold 108

Middleton, Idaho

  • Median List Price $194,000
  • Median Sold Price $182,000
  • Days on Market 8
  • Total Sold 31

Nampa, Idaho

  • Median List Price $162,000
  • Median Sold Price $161,000
  • Days on Market 8
  • Total Sold 245

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.

More From Our Blog...

Eager buyers push Boise home prices to new highsBoise Home Buyers Are Out in Force; Prices Hit New Highs

Traffic was brisk at a recent open house in Northwest Boise. All told, 32 groups of potential home buyers made their way through... Read More

Boise cost of livingWhat’s the True Cost of Living in Boise, ID?

Boise’s cost of living is known to be low, but how does it stack up against other western cities like Denver, Seattle, and Sacramento... Read More

Boise Real Estate Forecast 2019Boise Housing Market Forecast 2019: Five Trends to Watch

Where is the Boise real estate market headed in 2019? The double-digit home price appreciation we have seen over the last year will... Read More

Leave a Comment