Boise Real Estate Market

Whether you are looking to buy or sell real estate in the Boise/Treasure Valley area you deserve the best of professional service and the expertise of someone who puts you first. Being a Realtor in Boise is my full time and only job, and I understand how important it is to you that I get every detail of buying or selling your home right. I will help you every step of the way, and I'll continue to be there well after you've made your dream into a reality.

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Fall Home Maintenance List!

fall real estateWasn’t it just Summer…like, last week?

We thought so too! But whether you’re ready for the weather or not Fall is quickly on it’s way.

While most people get excited thinking about cooler temperatures, cozy sweaters, and pumpkin spice lattes, homeowners know that the change of seasons also means new things to take care of around the house.

To help make sure you don’t miss any important Fall home maintenance items we’ve

Eagle Idaho Real Estate About Eagle Idaho
In response to this growth, the city of Eagle has acknowledged that its primary function is to serve as a bedroom community to Boise and other Treasure Valley employment centers, and is working to assure that it is a desirable place to live and raise a family.
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Boise Real Estate Market Statistics-June 2018

Ada County June Market Statistics

Available Homes
# Available: 1458
# Vacant: 907 (62%)
# Short Sale: 1 (<1%)
# Bank Owned: 5 (<1%)
Median Asking Price: $385,945

Pending Sales
# Pending: 1838
Median Asking Price: $340,783

Closed Sales—June 2017
# Closed: 1245
# Short Sale: 1 (<1%)
# Bank Owned: 6 (<1%)
Median Sales Price: $272,490
Median Days on Market: 8

Closed Sales—June 2018
# Closed: 1230
# Short Sale: 3(<1%)
# Bank Owned: 0 (0%)
Median Sales Price: $322,317
Median Days on Market: 7

Beginning of the summer market!

Inventory was up by another 150 homes! Finally! These are not huge increases but so needed just the same. We are still seeing multiple offers and homes going pending within hours of hitting the market, however, that is only the case in the under $350K price range. Once we get over the $500K mark, the available inventory goes up and days on market are a bit longer.

Pending sales actually saw a pull back, down by 103 month over month and the asking price was flat. The increase in inventory and the decrease in Pending sales is the result of the summer market. This happens every year! Not an anomaly, just typical!

The number of Closed Sales was up by 32 month over month, so not really much to report on there. What is worthy of noting is the year over year price difference. The median price of a home sold in June 2017 was $272,490, in June 2018 that median price is now $322,317. That is a $50K price increase! Anyone who waited until this year to buy are paying that much more!

Brokerage: Silvercreek Realty Group 1099 S Wells St suite 200, Meridian, ID 83642