October 2018 Market Report
OCTOBER MARKS FOUR YEARS OF DECLINING INVENTORY, CONTINUING THE PRESSURE ON ADA COUNTY HOME PRICES Key Takeaways: October 2018 marks a full four years of falling inventory, specifically in the…
January 2018 Market Report
No Lag in Demand for Homes in Ada County Last January, we discussed the effects of a historic snowfall on Ada County’s real estate market, which is quite different from…
2017 Residential Real Estate Market Report
For the past few months (and years), we’ve been focusing on the causes and effects of low inventory in our local housing market… and for good reason. December 2017…
Many Reasons for Lack of Entry-Level Housing Inventory in Ada County
October 2017 marks a full three years of falling inventory, specifically in the number of existing homes for sale in Ada County. There were 1,023 existing homes for sale in…
Fast-Moving Housing Market Continues to be Driven by Demand
Despite rising home prices, today’s housing market doesn’t have much else in common with the market we saw prior to the recession. The Boise Region’s housing market is being driven…
Ada County Home Prices Reach New Record in August While the Pace of Growth Steadies
Three main factors continue to drive housing demand in Ada County — increased economic development, limited housing supply, and a growing population — resulting in a record high median sales…
Ada and Canyon County Housing Inventory Down for 34 Consecutive Months
At Boise Regional REALTORS® (BRR), we feel like we’ve been talking about low inventory for months… and for good reason. A few weeks ago, Zillow’s Chief Economist Svenja Gudell posted…
2017 Mid-Year Housing Summit Recap
Thanks to everyone who attended the 2017 Mid-Year Housing Summit from Boise Regional REALTORS®. If you missed the event, don’t worry! A summary of the discussions and links to the…
Buyer Demand and New Construction Pricing Drive the Boise Region’s Home Prices to Record Highs
Ada County’s median sales price in June 2017 reached $273,950, an increase of 8.7% over June 2016. The median sales price in Canyon County reached $184,000 last month, an increase…
Sellers Take Note: No Signs of a Slow Down in Summer Home Sales
In May 2017, the average Days on Market (the cumulative number of days between when a property is listed and when it goes pending) for homes in Ada County was…
