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Real Estate Market Update October 2016

Posted by Lisa Kohl on Tuesday, November 8th, 2016 at 12:25pm.

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 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

Ada County

  • Median Sold Price $252,000
  • Days on Market 43
  • Total Sold 870

Eagle, Idaho

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

Kuna, Idaho

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

Meridian, Idaho

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, Idaho

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

Canyon County

  • Median Sale Price $164,000
  • Days on Market 38
  • Total Sold 325

Caldwell, Idaho

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, Idaho

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, Idaho

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

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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