Market Updates

May 11, 2023

April 2023 Boise Market Report

The Boise real estate market has witnessed significant shifts in recent times. In this comprehensive April 2023 Boise housing market report, we delve into the latest statistics and trends to offer you insights into the current state of the local property market. 

 

Median Sales Price

In April 2023 ...

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Posted in Market Updates
April 14, 2023

March 2023 Boise Market Report

Welcome to the March 2023 update on the Boise, Idaho housing market. Based on the latest data from Intermountain MLS, the median sales price for homes in Boise is now $483,450, which represents a significant decrease of 16% compared to the same period last year. In the past month ...

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Posted in Market Updates
March 13, 2023

February 2023 Boise Market Report

 

Today, we dive into the February 2023 market update for Boise, Idaho. According to the Intermountain MLS, the median sales price for homes was $492,115, down 10.5% year over year. This decline in price may seem alarming to some, but it could be attributed to the increase ...

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Posted in Market Updates
Feb. 10, 2023

January 2023 Boise Market Report

In January 2023, the Ada County housing market experienced a significant drop in home prices, with a 10.2% year-over-year decrease to $485,000—the lowest level since April 2021. This slowdown in the market can be attributed to a combination of factors, including a seasonal trend of fewer sales and ...

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Posted in Market Updates
Jan. 10, 2023

December 2022 Boise Market Report

Posted in Market Updates
Dec. 9, 2022

November 2022 Boise Market Report

While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the long-term averages. With homes spending more time on the market, current inventory has increased. However, new listings have decreased by 70.0% from the same week last year, with ...

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Posted in Market Updates
Nov. 9, 2022

October 2022 Boise Market Report

It became evident from the October homes sales data that our market is going through a definite shift from what became the norm over the last couple of years. The supply of homes for sale dropped for the first time this year as rising interest rates and slowing appreciation has ...

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Posted in Market Updates
Oct. 11, 2022

September 2022 Boise Market Report

Posted in Market Updates
Sept. 12, 2022

August 2022 Boise Market Report

Our local real estate market has seen a definitive shift over the last couple of months. The expectation of going into a bidding war, having offers waiving all contingencies, and the home going under contract within a few days, are all things of the past.

 

Higher interest rates and ...

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Aug. 9, 2022

July 2022 Boise Market Report

Our local real estate market has seen a definitive shift through July. Low inventory, low
interest rates, a low desire to live in large cities, and lower prices than other US cities brought many
buyers to Ada County, which drove prices significantly over recent years. Although we're still in ...

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