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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Get Your Home Ready For Travel

real estate websitesNo, your house isn’t going anywhere! Well, hopefully not anyway…and that’s kind of the whole point.

With the holidays coming up Winter is one of the hottest travel times of year; it’s likely for many that you will be off to see friends or family and leaving your homes for at least a few days.

It’s important to make sure everything at home is just as ready for your

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-October 2018

Ada County
October Market Statistics

Available Homes
# Available: 1824
# Vacant: 1263 (69%)
# Short Sale: 2
# Bank Owned: 3
Median Asking Price: $369,940

Pending Sales
# Pending: 1349
Median Asking Price: $354,900

Closed Sales—October 2017
# Closed: 994
# Short Sale: 1
# Bank Owned: 3
Median Sales Price: $267,797
Median Days on Market: 14

Closed Sales—October 2018
# Closed: 996
# Short Sale: 1
# Bank Owned: 1
Median Sales Price: $320,000
Median Days on Market: 11

Season for Thanksgiving…

After 6 months of slightly increased inventory, October saw a slight decrease in inventory and we are still well below October 2017 inventory of 1913 available homes. I am not expecting inventory to go up as we head into the winter months. With that in mind, we are on track for another crazy spring market.

Pending Sales continue to decrease for month over month and year over year. The pending asking price is up month over month though.

October saw an increase month over month for number of homes sold as well as year over year. The median asking price is up by $4K month over month and up by $52K year over year. Low inventory is still driving the increase in median sales price. As of now, August was the peak in median sales price at $330K.

As we head into the holiday and winter market, I expect to see inventory to continue dropping. The thought is to wait until spring to sell a home but with inventory like it is in the under $350K market, right now is probably the best time to sell. If you or someone you know is thinking of selling, PLEASE contact me!

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