Imagine sitting on a roller coaster that is climbing up, up, up… and waiting for a fall that never comes. The last year in Treasure Valley real estate has felt a lot like that climb, as median home prices continue to log double-digit increases, leaving everyone to wonder, “how high will this ride go?”
In January, home prices in the Boise Metro area once again set new records as frenzied buyers fought over scant inventory, driving up already historically high prices. The median single-family home price in Ada County hit $449,330 in January, closing in on the $450,000 mark for the first time. That’s an increase of 23.78% or $86,000 in just 12 months.
- The Canyon County median home price jumped to $339,000. That’s an annual increase of 33.36% in