Ada County home sales surpassed the $3 billion-mark for the first time, based on Total Dollar Volume figures year-to-date, January 1–November 30, 2017. Historically, the month of December adds another…
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…
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…
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…
Homes under contract, also called “pending sales,” are properties with an accepted offer that should close within 30-90 days. Because homes don’t typically go pending and close during the same…
The continued shortage of inventory compared to buyer demand has pushed the median sales price of existing/resale homes up near the record high in Ada County and set a new…
As expected, warmer weather brought more buyers out in February, pushing pending sales in Ada County 25.7% higher than the previous month, with 1,303 homes going under contract. Though pending…
Record High Prices Due to Record Low Inventory — Not Market Speculation Summary Despite the fact that the local median sales price reached a new record midway through 2016, there…
The low inventory of homes for sale in Ada County has driven home prices for months now. In November 2016, there were only 1,730 homes for sale in Ada County,…
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