Boise Real Estate Market Update - August 2018

By
Real Estate Agent with Atova, Inc Lic SP41175

Boise ID real estate market is hot!.  Home prices in Boise ID continued to rise last month.  The median sales was $308,600 compared to $262,500 a year ago, increase of 17.6 percent.  The growing demand for homes and high cost of new construction, thus higher prices of new homes, are the main reason for real estate price increases in Boise.  Home prices in other parts of Ada County have also gone up.  Eagle median price went up by 16.3 percent, Meridian by 21.8 percent, Star by 17.1 percent. 

Please note, all real estate is local.  Contact me for your free home evaluation. I'll email it to you if you prefer.

Boise home sales volume decreased by 16.9 percent, hampered by limited inventory, especially in lower price points.

Boise Market Report - August 2018

 
Boise August 2018 August 2017 % Change
Median Sales Price $308,600 $262,500 17.6%
Closed Sales 442 532 -16.9%

Real estate market report for Boise, price and volume changes compared to 12 months ago
Data from the IMLS and Realtors Property Resource

Boise metro area is quite diverse, with property prices ranging from $100,000s to the luxury market.  There is a piece of real estate here for every budget. Find out more here about Boise Idaho real estate, search by price, area, property type, community, 55+ homes.  Contact us for a no obligation consultation and let us help you find your new home in Boise Idaho.

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Posted by

Atova Real Estate - Krystyna M Ryan - Your Local Boise Expert (208)918-5007 

great Boise Idaho homes

 

 

 

 

Comments (4)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and great information for your buyers and sellers in your area and for us here in the rain.

Oct 09, 2018 11:38 AM
Donald Norris
Donald Norris - Indian Harbor Beach, FL
Transaction Coordinator and Licensed Realtor

Great info!  Can I get a blue lawn?  ;)

Oct 09, 2018 12:07 PM
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good afternoon,

Thank you for sharing your information with us 

Have a great day.

10/09/2018. 

Oct 09, 2018 12:13 PM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us posted and up to date. Best of luck!

Oct 09, 2018 03:09 PM

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