Boise Idaho Real Estate Market Report - August 2019
Boise Idaho real estate home prices rose again in August '19. The buyer demand for Boise homes for sale exceeded the available home supply, especially in the "first time buyer" category in lower price ranges. The new construction homes are mostly offered in "luxury" market so the affordability is still low in Boise and Treasure Valley. Boise home prices rose by 12% on average in August when compared to the same period last year. The median sold price was $337,500 compared to $299,900 in August 2018 - 13 percent increase. The number of homes sales decreased by 13 percent. Homes stayed on the market longer by 1 day on average - quite an insignificant change.
|August 2019||August 2018||Difference (%)|
|Number of sales||479||541||-13%|
|Avg sold price||$386,651||$345,707||+12%|
|Avg DOM (days on market)||20||19||+1 day|
Data is based on IMLS records for single family homes only.
The average Boise sold price in July was $378,423 and $386,651 in August showing hot market and rising home prices in Boise; lowest sold single family home closed at $159,000 and the highest at $1.3M.
Currently we have only 119 single family homes listed for sale in Boise. The lowest listed price is $210,000 and the highest is $2.4M. Click on the link below to search all Boise homes for sale - you can search by property type (single family homes, condos, townhomes, ranches, land) in Boise and all surrounding areas
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