So, what did the past year look like for the Boise area real estate market? Well, believe it or not, 214 more homes were sold year-over-year. But, new listings were fewer. Those two facts made the available inventory tighten, and may be responsible for why average and median prices were stronger in the second half of the year. What's going to happen going forward is a toss-up. The direction of the macro economic situation has everything to do with potential buyers and sellers confidence. Currently, the trend looks like the market will continue to firm up, but growth over time will occur slowly. With rates historically low, it may be the time to pull the trigger on a purchase, or sale.
You can go to our website for an update on what the past six months of sales activity in Ada County looks like. Click here - BuySellBoise and go to the "Boise Area Market Statistics" page.
Here's a look at a breakdown among equity, short, and bank-owned sales over the past two years. Not a whole lot of changes from year to year.
Call us if you would like us to help you buy, or sell a house
You can go to our website for an update on what the past six months of sales activity in Ada County looks like. Click here - BuySellBoise and go to the "Boise Area Market Statistics" page.
Here's a look at a breakdown among equity, short, and bank-owned sales over the past two years. Not a whole lot of changes from year to year.
Call us if you would like us to help you buy, or sell a house
Alan Smith - CSP (208) 473-0343
Shirley Amick Robertson - ABR (208) 866-6300
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