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A quick look at the residential real estate market in the greater Boise, Idaho area shows in fact that we have a pretty solid market for affordable homes.  The graph also illustrates the time tested saying in real estate of “Location, Location, Location” since two areas in Ada County have four month inventory levels or less and yet South East Meridian currently has 8.3 months of inventory in this price range!

 

May 2010 Ada County Residential Real Estate Analysis - Boise, Idaho

I will wait a few more days to post the June numbers since some offices are still inputting their sales from the end of the month.

If you would like an individual analysis of your home or your market area here in the Treasure Valley, I would be honored to assist!

 

 

 

Jim Paulson, CRS, GRI, EPRO, SFR

NAR Employer Assisted Housing Instructor and EPRO Instructor
Owner/Broker - Progressive Realty Corporation
Specializing in Boise Idaho Real Estate
http://www.IdahoMLStours.com
Http://www.Progressive-Realty.info

 
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2 Comments on May 2010 Ada County Residential Real Estate Analysis - Boise, Idaho

JUL
02
2010
175,468 Points 5 Featured Posts Outside Blog Attended Rain Camp

Good morning Jim,  looks like your inventory in the affordable range is a little light in a lot of areas.  We have a similar situation here in Billings as well.  Our over $300,000 market is having a difficult time right now, more inventory than our market can handle.

Affordable is the key I think.  Seems like with the interest rates at a ridiculous low, this is a pretty good time to buy!
11:37am • #1
JUL
03
2010
169,775 Points 23 Featured Posts Attended Rain Camp Called Shot Master

Wanda, you are right.  Like a lot of areas, we were too busy building McMansions that were not affordable to the masses.  For a while, it was four plex units for affordable "rent" or a McMansion.
1:07pm • #2

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Jim Paulson (Owner/Broker)

Boise, ID

More about me…

Progressive Realty (Boise Idaho) www.Progressive-Realty.info

Address: Boise, ID

Office Phone: (877) 466-9648

Cell Phone: (208) 573-0471

Email Me

Jim Paulson is currently the Past President of the Ada County Association of Realtors. I try to use this experience coupled with my 20 years being a licensed Realtor to help bring you relevant information and hopefully an occasional thought provoking idea or two. I am a member of the Greater Boise Chamber of Commerce and and Accredited business with the Better Business Bureau. I can help with Idaho Foreclosures, Boise Idaho Short Sales, building a new home, or even using First time home buyer grants and niche lending prodcuts to buy or strategically sell homes. I am here for your real estate marketing needs! http://www.IdahoMLStours.com Http://www.Progressive-Realty.info Virtual Tour Inventory WidgetGet Adobe Flash Player


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