Do you want content like this delivered to your inbox?
Share
Share

Treasure Valley Market Update

Austin Callison

My experience goes as far back as my upbringing in a small ranching community in Northern California...

My experience goes as far back as my upbringing in a small ranching community in Northern California...

Feb 13 3 minutes read

TREASURE VALLEY MARKET UPDATE

*Real Estate Stats are courtesy of the Boise Regional Realtors ~ BoiRealtors.com

Lorem ipsum dolor sit amet enim. Etiam ullamcorper. Suspendisse a pellentesque dui, non felis.

998

# Homes Sold 

+165%

Inventory vs. Last Year

$535K

Median Sales Price

19

Days on Market

Lorem ipsum dolor sit amet enim. Etiam ullamcorper. Suspendisse a pellentesque dui, non felis.

SEPTEMBER STATS FOR CANYON COUNTY

546

# Homes Sold 

+310%

Inventory vs. Last Year

$422K

Median Sales Price

19

Days on Market

Lorem ipsum dolor sit amet enim. Etiam ullamcorper. Suspendisse a pellentesque dui, non felis.

71

# Homes Sold 

+242%

Inventory vs. Last Year

$298K

Median Sales Price

18

Days on Market

Lorem ipsum dolor sit amet enim. Etiam ullamcorper. Suspendisse a pellentesque dui, non felis.

SEPTEMBER STATS FOR GEM COUNTY

33

# Homes Sold 

+194%

Inventory vs. Last Year

$355K

Median Sales Price

18

Days on Market

JANUARY 2021

➡️ The median sales price in Ada County in December 2020 was $434,900.

➡️  According to the Boise Regional Realtors, despite COVID-19, 2020 outpaced the previous year with an increase in home sales of more than 5.2%. 

➡️ Inventory is extremely low right now, making this an excellent market for sellers to achieve top dollar. 

➡️ When you are ready to sell don't hesitate to reach out.  We would be happy to provide you with a pinpoint analysis of your home's value on that day based on the most current market activity. 

OCTOBER 2020

➡️ The median sales price in Ada County in October 2020 dropped slightly from last month and is now $406,684.

➡️ However, Boise Regional Realtors (BRR) reported year over year inventory was still down significantly.  There are 73.7% less single-family homes on the market now versus October 2019. 

➡️ The BRR also reports builders are attempting to put new construction inventory on the market as soon as they can to help with this demand, but the new home market is selling twice as fast this year versus last year. 

➡️ When you are ready to sell don't hesitate to reach out.  We would be happy to provide you with a pinpoint analysis of your home's value on that day based on the most current market activity. 

SEPTEMBER 2020

➡️ The median sales price in Ada County reached $409,945 in September 2020. 

➡️ Boise Regional Realtors reported year over year inventory was down 73.2% from September 2019. 

➡️ The lack of inventory continues to put sellers at an advantage and we are seeing multiple offers on nearly all of our listings. 

➡️ When you are ready to sell don't hesitate to reach out.  We would be happy to provide you with a pinpoint analysis of your home's value on that day based on the most current market activity. 

HOW DO THESE NUMBERS AFFECT YOU?

We can explain.

SCHEDULE A CALL

RECOMMENDED READS

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info