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August 2014 Ada County, ID Housing Market Report

By
Managing Real Estate Broker with Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com Designated Broker DB29503

August Market Report                                                       Photo Courtesy of ACAR

Check out the photo above, courtesy of Ada County Realtor Association, for a snapshot of our August 2014 housing market.  Sales are down 12% from last month however only down 4% from this time last year.  Ada County Association of Realtors still predicts we will end the year strong.  Sales of homes in every price category above $160,000 were up in August.  Sale of homes under $160,000 were down significantly pulling down our overall numbers. The upcoming inventory coming to market under $160,000 will hopefully excite first time home buyers.  It will be interesting to see what happens as we head into fall!  For the full ACAR August Report click here:

ACAR August 2014 Report

 

Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Kasey & John: Great report on your market and it boils down to the old 'guns and butter' economic theories here. Fewer homes on the market will drive up prices. Good selling and thanks for sharing!

Sep 15, 2014 01:01 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Sandy & Norm,  our last two winters have slowed down quite a bit and then things speed up at the beginning of the year and spring and we've had steady appreciation the last few years.  We will see what this last quarter holds and 2015.  It's always interesting! -Kasey

Sep 15, 2014 03:31 PM