The combination of more new homes selling at higher prices pushed Ada County’s overall median sales price up to $324,647 in June 2018 — another record, but one that was expected as we typically see the highest prices of the year in June or July.
- As of June 2018, the median sales price for existing homes in Ada County was up 17.4% year-over-year, reaching $299,000.
- Further reflecting the competitive nature of the market, due to lack of inventory, the market time for existing homes fell to just 16 days in June 2018 – the fastest reported based on data going back to 2004 — down 27.3% compared to the same month last year.
- The combination of more new homes selling at higher prices pushed Ada County’s overall median sales price up to $324,647 in June 2018 — another record, but one that was expected.
**ref: Boise Regional REALTORS®
July 2018**
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