Boise Idaho Real Estate Market Report - August 2019
Boise Idaho real estate home prices continue to rise. The buyer demand exceeds the real estate supply, especially in the "first time buyer" category in lower price ranges. The new construction homes are mostly offered in "luxury" market thus the affordability is still low in Boise and Treasure Valley. Home prices went up by 12% on average in August when compared to the same period a year ago. The median sold price was $337,500 compared to $299,900 in August 2018 which translates to a 13 percent increase. The number of sales went down by 13 percent. Homes stayed on the market longer by 1 day on average.
|August 2019||August 2018||Difference (%)|
|Number of sales||479||541||-13%|
|Avg sold price||$386,651||$345,707||+12%|
|Avg DOM (days on market)||20||19||+1 day|
Data is based on IMLS records for single family homes only.
The average sold price in Ausust was $378,423 and $386,651 in July indicating hot market and rising home prices in Boise; lowest sold single family home closed at $159,000 and the highest at $1.3M.
Currently we have only 112 single family homes listed for sale in Boise. The lowest listed price is $209,900 and the highest is $2.35M. Click on the link below to search all Boise Idaho homes for sale - you can search by property type (single family homes, condos, townhomes, ranches, land) in Boise and all surrounding areas
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