Housing Market

Nov. 12, 2020

Boise Housing Market Update | October 2020

Even though we are entering the commonly slower fall and winter real estate seasons, the Boise housing market is now and is expected to continue to be extremely fast paced.  Buying or selling in this market can sometimes feel like jumping into tumultuous waters, but we are here to ...

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Posted in Housing Market
Oct. 14, 2020

Boise Housing Market Update | September 2020

The seasonal slowdown, usually common this time of year, seems non-existent as the Boise housing market continues to boom.  The median home price reached yet another new record at $409,945, up 17.2% from the same month last year.  As reported by Boise Regional Realtors, this is ...

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Posted in Housing Market
Sept. 16, 2020

Boise Housing Market Update | August 2020

In many ways, our Boise housing market update may sound a bit like a broken record.  Just as we’ve reported in previous months, prices continue to increase.  August brought in a new record high median sales price of $400,000.  This is up 2.6% from last ...

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Posted in Housing Market
Sept. 8, 2020

How Will the Presidential Election Impact Real Estate

By Keeping Current Matters

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market ...

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Posted in Housing Market
Aug. 13, 2020

Boise Housing Market Update | July 2020

July was a month for record setting in the Boise housing market! 

  • The median sales price reached $390,000. (Up 4 % from June 2020 and 11.7% from June of last year)

  • Inventory dropped to only 743 available homes. (Down 31.5% from last month and 56.8% from ...

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Posted in Housing Market
July 14, 2020

Boise Housing Market Update | June 2020

As expected, the gradual reopening of Idaho brought about a gradual increase in sales for the Boise housing market.  In fact, the number of closed homes was up 37.5% from last month!  Pending sales were up 4.2% from last month, and more impressively, were up 17 ...

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Posted in Housing Market
June 13, 2020

Boise Housing Market Update | May 2020

Though we expect the Boise housing market will be one of the strongest in the country over the coming year, the COVID-19 pandemic and its related protocols have certainly slowed our typical spring market activity.  With both buyers and sellers adhering to local stay-home orders and avoiding non-essential transactions ...

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Posted in Housing Market
May 15, 2020

Boise Housing Market Update | April 2020

As expected amidst the COVID-19 pandemic and Idaho’s associated stay-home order, Boise housing market activity has been down in comparison to the typical spring hype.  There were 761 homes sold in April, which is 19.5% fewer than the same month last year.  However, slowed activity did not ...

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Posted in Housing Market
April 15, 2020

Boise Housing Market Update | March 2020

There have been a lot of questions on how COVID-19 and Idaho’s stay-home order have affected the Boise housing market.  Under the order, which went into effect on March 25th, real estate is considered an essential service.  This means buyers and sellers who were in contract on a ...

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Posted in Housing Market
March 18, 2020

Boise Housing Market Update | February 2020

In February, the Boise housing market experienced the lowest inventory of single-family homes since at least 2004, when the Intermountain MLS started tracking inventory.   A mere 1,039 homes were available for sale at the end of February—only 344 of which were existing homes.  Overall, inventory was down ...

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Posted in Housing Market