November 2018 Market Report
MORE NEW CONSTRUCTION SALES AND FEWER EXISTING HOMES KEPT ADA COUNTY PRICES UP IN NOVEMBER Key Takeaways: The overall median sales price for Ada County reached $324,250 in November 2018,…
July 2018 Market Report
ADA COUNTY EXISTING/RESALE HOUSING INVENTORY INCHES UP IN JULY July 2018 marked four consecutive months of gains in existing/resale inventory in Ada County when measured month-to-month. More inventory is the…
May 2018 Market Report
ADA COUNTY HOME SALES REACHED RECORD $404 MILLION IN MAY; DRIVEN BY INCREASE IN NEW CONSTRUCTION CLOSINGS Key Takeaways: The total sales dollar volume of all residential real estate sold…
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…
$3 Billion Worth of Homes Have Sold in Ada County, Setting New Record
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…
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…
Is it a Seller’s Market for Everyone? A Tale of Two Homes in Ada County
A recent USA Today article discusses how high demand and low supply have made it a seller’s market, especially for lower-priced homes. However, “that does not mean every house will…
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…
