Real Estate Market Update October 2016
Posted by Lisa Kohl on Tuesday, November 8th, 2016 at 12:25pm
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 increased 3.47% in October (down from 3.80% 12 months ago)
*Includes both new and existing home sales.
Local Real Estate Markets in October
- Median Sold Price $252,000
- Days on Market 43
- Total Sold 870
Home prices are up 4.11% in Eagle YTD.
- Median List Price $347,450
- Median Sold Price $335,352
- Days on Market 10
- Total Sold 70
Home values are up 12.98% in Kuna YTD.
- Median List Price $182,449
- Median Sale Price $180,950
- Days on Market 12
- Total Sold 52
Overall home values are up 5.04% YTD.
- Median List Price $264,900
- Median Sold Price $264,582
- Days on Market 16
- Total Sold 269
Star home prices are up 4.08% YTD.
- Median List Price $294,450
- Median Sale Price $290,450
- Days on Market 21
- Total Sold 34
- Median Sale Price $164,000
- Days on Market 38
- Total Sold 325
Home prices are up 12.82% in Caldwell YTD.
- Median List Price $145,750
- Median Sold Price $144,750
- Days on Market 11
- Total Sold 86
Middleton home values are up 7.73% YTD.
- Median List Price $172,990
- Median Sold Price $160,000
- Days on Market 21
- Total Sold 29
Nampa home prices are up 11.89% YTD.
- Median List Price $165,000
- Median Sold Price $163,000
- Days on Market 18
- Total Sold 181
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...
Local Housing Trends
Leave A Comment