Boise Market Snapshot for October 2016

Real Estate Agent with Juniper Realty Group at Silvercreek Realty Group SP38480

Homes for Sale & Sold Report for October 2016

November 15, 2016 

  • There were 870 homes sold in Ada County last month
  • The average sold price was $252.000.
  • Demand for homes In the $200-300K price range remains strong with less than 2 months of inventory.
  • Mortgage rates inched up shortly after the election and are to remain at these levels now for the near future.
  • The number of homes for sale in Ada County dropped back below the 2,000-mark for the first time since April 2016, reaching 1,950 in October 2016, a decrease of 12.5% compared to last year. 
  • "Prices continue to be driven by very low supply and high consumer demand, not market speculation as was experienced a decade ago" said Carey Farmer, BRR President 




See new homes for sale and much more here! 


I hope you find this helpful and, as always, I appreciate your referrals and do not hesitate to let me know if you have any questions about anything related to real estate or your home!  


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Idaho Ada County
Keller Williams Active Rain Bloggers
Dedicated Bloggers
Boise Idaho Real Estate
ada county
boise idaho
market info
for sale
keller williams realty boise
mark miranda boise

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Kathy Stoltman
Rockwood Realty - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Wow Mark, there are some beautiful homes in your area at wonderful prices compared to Southern CA prices. Thanks for the update.

Nov 15, 2016 06:39 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Mark Miranda

Real Estate Advice and Consultation
Spam prevention

Additional Information