The Sky is Falling the Sky is falling...
How many times have we heard this?
Actually when it comes to housing sales in the Nampa Idaho area
the sky is not falling....
House prices are continuing to increase this year.
Below is a chart of pricing since 2005
Home prices have increased over last year on the average.....of course they are not racing to the 2006 high levels....nor do we expect them to at any time.
However better news is that when you average out the last 9 months of sales (ytd 2011) we find the average price to be even higher than the chart above....we are at an average of $88,077 and the pending sales are at an average price of $92,428.
Great news for folks trying to sell their Canyon County Home. Because of the shortage of homes in Canyon County we expect the average price to continue to inch up!
If you are looking to buy don't wait....prices may not be this low for a long time....if you want to sell it is a perfect time ....prices are low yes....but that means your replacement home will sell for even less! What a bargain you can find now!
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