Boise Area Real Estate News & Market Trends

Boise Idaho real estate information, covering everything from local market data and home values to community events and featured Boise areas. We care about the Boise community and want to help you find your place in it. We'd love to talk to you about your real estate needs!

Feb. 18, 2019

Boise Real Estate Market Update

Number of homes listed for sale in January 2019 increased for the first time since October 2014 on the year-over-year basis in Boise. It was up by 5.7 percent compared to January 2018.

Despite this uptick in existing inventory, closed sales were down 6.1% year-over-year. The number of closed sales that are even possible was limited due to the fact we’ve had fewer and fewer existing homes to sell each month compared to buyer demand.

Despite this recent rise in existing inventory, overall closed sales were down 6.1% year-over-year. Looking at the existing/resale segment specifically, sales were down 18.4% from a year ago. The number of closed sales was hampered by the fact that there have been fewer and fewer existing homes to sell each month compared to buyer demand for over four years. 

In summary - Buyer demand for Boise real estate remains strong and it outweighs the inventory of available homes.

Please contact Krystyna Ryan at (208)918-5007 with any questions, current listings and/or your home evaluation in today's market.

Posted in Market Updates
Jan. 23, 2019

Boise ID Homes Sales Report for 2018

Boise homes sales were hampered by record low inventory in 2018. At the same time home prices jumped again and reached new records. Last year we also began to see the first signs that the market may be shifting back towards balance, and many economists forecast that this trend will continue thru 2019.

The average single family home price went up by 17% in Boise.  The median price went up by 18% and the number of sales decreased by 4%.

Here is the summary of Boise homes sales and prices in 2018 

  2018 2017
No. of Sales 5178 5403
Average Price $333,459 $285,115
All data is from IMLS for single family homes

Average Boise single family home price went up by 18% compared to previous year, median price increased. by 1

The substantial home price increases we affected by large number of new construction home sales that are usually priced higher. New construction sales made up more than 24% or 25% of the total sales in a given month, the overall median sales price was 12-14% higher than the previous year, on average. Since March 2018, every month of the year saw the share of new construction sales at or above that level, which had a major impact on the area’s overall median sales price. The median sales price for new homes has also been rising steadily, due to increasing costs of land, labor, and construction materials. 

Boise Idaho real estate market update

Posted in Market Updates
Jan. 11, 2019

Boise Real Estate Market Report 1/11/19

Boise Idaho Real Estate Market Update

Current median list price for Boise, ID is $389,900.  Boise continues to be sellers' market although we see signs of cooling off.  Inventory has hovered around 382

Median price per sq ft is $186; days on the market - 93. Most expensive house listed at $7.8M, least expensive at $100,000.

Median List Price (single family homes only)

Boise Idaho real estate market report

 

Real estate market is local with home prices changing from neighborhood to neighborhood or even from block to block. 

Contact us for your home evaluation.  Call (208)918-5007 or click below:

Boise Idaho home evaluation

 

Posted in Market Updates
Dec. 6, 2018

Why Is Boise Real Estate Attractive to Californians?


Boise Idaho Boise, Idaho is increasingly becoming a favorite destination for Californians looking for an affordable place to make home. Boise Metro area is the fastest growing metro area in the country, according to Forbes.

Many Californians are selling their pricey California properties and exchanging them for more affordable Boise homes. Real estate savings combined with lower taxes and overall lower cost of living make Boise very attractive to people moving from California.

However, this phenomenon is not just about money. People who moved here from California, enjoy the lifestyle, good schools, mild climate. The high cost of living in California, requiring both parents to work thus often preventing people from spending valuable time with family. This family friendly environment in Boise is among the biggest priorities of people relocating to Boise and surrounding areas.

Many entrepreneurs find their home in Boise since they are often able to work and conduct their business remotely. Boise Idaho has a business friendly environment with low taxes and wages.  It's easier to attract qualified employees here, compared to California, where high cost of living and taxes are cost prohibitive to potential employees from out of state.

Boise real estate offers a variety of housing options, from carefree modern downtown lofts to beautiful estates or
ranches.


Boise is very popular among 55+ active adults and retirees. They are probably the largest group of latest Boise newcomers. Beautiful and affordable 55+ communities attract retirees from California.

Boise climate with sunny summers and mild winters is also a major consideration for the Californians. 

The combination of low cost of living, mild climate, good schools, family values, bustling city and great outdoors, make Boise a great destination for Californians wanting to move and relocate to Boise Idaho.

 

 

 

Contact us anytime at (208)918-5007 with any questions. Sign up for Free property updates to familiarize yourself with Boise real estate.  Once you're ready we'll give you a free tour of Boise homes for sale.

Start your Boise home search here:

Boise Idaho home search

 

 

 

Posted in Boise Relocation
Dec. 2, 2018

Heritage Gardens 55+ Community in Eagle ID

Heritage Gardens 55+ Homes For Sale

Heritage Gardens Eagle Idaho 55+Heritage Gardens 55+ senior community in Eagle Idaho (Boise Metro) is our newest gated community for active seniors. This 55+ community of single family homes is located in the safe Eagle Idaho neighborhood. Walk, bike or take a quick drive to local restaurants, shopping, Boise River or Downtown Boise with all its attractions. New homes just built and waiting for finishing touches, according to buyers’ choices and tastes come on the market weekly. This is the best time to grab one of those beautiful new homes.  Boise area has been a popular destination for active 55+ seniors.

Call Krystyna Ryan at (208)918-5007 or Contact us for a free tour of our 55+ communities and a Free list of available homes.

 

Boise 55+ Communities

Heritage Gardens Homes For Sale

 

heritage gardens eagle idaho 55+

This is the “Spyglass” model. Spacious single level home on 0.5 acre. Open floorplan with great room, modern kitchen, separate office area. 3 bd 2.5 bath, 2,950 sq ft.  Listed at $632,275.

Dec. 1, 2018

Retiring in Boise Idaho – 55+ Communities

retirement and golf

Boise ID has consistently ranked as a top retirement places. Come visit us and we’ll show you why Boise is on top of the U.S. relocation destinations. Our relocation services will ensure your easy transition to Boise.

We have many beautiful 55+ senior communities in Boise ID. Boise ranks as one of the top places to retire.  Mild climate, affordable homes, great outdoors, amenities, best medical care make Boise the favorable place for active seniors. Boise real estate offers a wide spectrum of properties attractive to active seniors.

In you’re thinking about buying a 55+ senior condo in the beautiful Boise Idaho area, you’re in the right place. As the local Boise real estate market specialist, I compiled a list of 55+  communities. Please email greatboiseidahohomes@gmail.com or call Krystyna Ryan at (208) 918-5007 if you have any questions or would like a FREE list of homes currently listed for sale. 

If you’re thinking about selling your Boise home, please contact me and I’ll provide you with a complimentary home evaluation.

55+ Communities in Boise Area

Boise senior 55+ communities offer amenities that, according to studies, are important to seniors –  more than 55% of participants of one such study feel that activities and programming within a community club are more important than the size and list of amenities offered inside the building. Active adult communities’ goals include helping with “lifestyle programming” — creating experiences that result in new relationships through not only clubhouse events and small group interests but also travel programs, such as trips to national parks, tropical islands, and European river cruises. Music is also part of the agenda, with 55+ communities. Making new friends is easy when you find the right place. Boise and Treasure Valley have so much to offer!

 

Search Boise Homes For Sale By Price

 
Under $200,000 $200,000-$300,000 $300,000-$400,000
$400,000-$500,000 $500,000-$600,000 $600,000-$700,000
$700,000-$800,000 $800,000-$900,000 $900,000-$1,000,000
Over $1M

 

Many reasons to retire in Boise:

Money's #3 Best Place to Retire. relatively low cost of living, affordable housing and easy access to a wide variety of cultural entertainments. 

Read more

Kiplinger best places to retire - Boise is a great college town for retirees. Boise State University provides plenty of intellectual stimulation to help keep an aging mind sharp. Its Velma V. Morrison Center for the Performing Arts hosts symphony concerts, dance performances and Broadway shows. You can also take classes at the school through the Osher Lifelong Learning Institute; membership costs $70 for a year. Read more

 

Nov. 29, 2018

Boise Historic District

BOISE HISTORIC DISTRICT - HISTORIC HOMES FOR SALE

Boise historic homes

Boise historic district homes are among the most popular real estate among Boise homebuyers.  One may choose from historic homes on Harrison Boulevard or Warm Springs Avenue, to name just a couple of examples. Historic homes styles vary from a bungalow to a colonial revival style.  Boise historic neighborhoods are located close to downtown with all of its attractions, museums, restaurants, theaters and more..

The Boise Historic District in Boise includes late 19th century and early 20th century buildings constructed of brick, sandstone, or wood in an area roughly bounded by Capitol Boulevard, North 5th Street, West Main Street, and West Idaho Street. The district is located within an area known as Old Boise, and contributing properties were constructed 1879-1920.

 

 

Adelman Block (1902), 624 W Idaho St.

Eagles Bldg. (1917), 604 W Idaho St.

LeCompte House (c1897), 210 N 6th St.

Fire Dept. Storage Bldg. (c1900), behind 520 W Idaho St.

Central Fire Station (1903), 522 W Idaho St.

Star Rooming House (1895), 512 W Idaho St.

Royal Hotel (1890), 500 W Idaho St.

Catholic Chancery (c1918), 422 W Idaho St.

R.Z. Johnson Law Office (1885), 112 N 6th St.

R.Z. Johnson Block (1892), 577 W Idaho St.

Pioneer Tent Bldg. (1910), 516 W Main St.

Jellison Monuments (1920), 510 W Main St.

Perrault Bldg. (1879), 625 W Main St.

Empire Theater (c1910), 619 W Main St.

Masonic Hall (1892), 615 W Main St.

Telephone Bldg. (1899), 609 W Main St.

Telephone Co. Annex (1915), 609 W Main St.

Statesman Bldg. (1910), 603 W Main St.

Chinese Houseboat (1900), 111 S 6th St.

Turnverein Bldg. (1906), 523 W Main St.

Knight Grocery (c1900), 507 W Main St.

Spiegel Bldg. (1892), 513 W Main St.

Belgravia Apts. (1904), 110 S 5th St.

Source: Wikipedia

 

Photo credit:  IMLS

 

Nov. 27, 2018

Retire in Boise Idaho

retirement golf boise

Why retire in Boise? Boise Idaho is quickly becoming one of the most popular retirement destinations.  If you love nature and easy access to museums, art galleries, music concerts, you will find it all in Boise.  

This combined with low cost of living make Boise an attractive option for retirees. Boise and surrounding cities are home to beautiful senior 55+ communities, offering wonderful amenities and worry and maintenance free living.

 

 

 

 

 

Here are main reasons to retire in Boise ID:

Boise River Greenbelt in the heart of Boise is the 25 mile stretch of parks, a great place to walk, run, bike or hike 85 miles of trails.  With over a 100 of parks in Boise, there is always one close by.  In winter, skiing is available at the local Bogus Basin (16 miles from Downtown) or other ski resorts nearby.

If you’re a golfer, there are a lot of beautiful golf courses that are easily accessible and reasonably priced.

Cultural activities such as The Boise Philharmonic, Ballet Idaho, the opera, indoor and outdoor concerts, many art galleries and museums

Several shopping and lifestyle centers with a wide variety of shopping and dining.

Mild climate with four seasons

Relatively low cost of living and home ownership, no tax on social security

Excellent medical facilities and care. Saint Alphonsus Regional Medical Center has been ranked in the top 5% of hospitals nationwide for clinical performance by HealthGrade.

Home prices are higher near Boise Downtown/city center and lower in surrounding area. Check out Boise 55+ communities

Find out more about Boise

 

Search Boise Homes For Sale By Price

 
Under $200,000 $200,000-$300,000 $300,000-$400,000
$400,000-$500,000 $500,000-$600,000 $600,000-$700,000
$700,000-$800,000 $800,000-$900,000 $900,000-$1,000,000
Over $1M

 

Posted in Boise Relocation
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates