Boise Idaho Real Estate Market Report - August 2019
Boise Idaho real estate home prices rose again in September '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 thus not helping the affordability in Boise and Treasure Valley. Boise home prices rose by 13% on average last month when compared to the same period last year. The median sold price was $335,000 compared to $300,000 in September 2018 - 13 percent increase. The average sold price was $379.815 compared to $335,375 a year ago, 13 percent increase. The number of homes sales decreased by from 421 to 409. Homes stayed on the market a bit longer by. See below data for details:
|September 2019||September 2018||Difference|
|Number of sales||409||421||- 12|
|Avg sold price||$379,815||$335,375||+13%|
|Avg DOM (days on market)||23||7||+16 days|
Data is based on IMLS records for single family homes only.
The average Boise sold price in August was $386,651 and $379,815 in September showing hot market but perhaps stabilizing. We need more data to see the trend - stay tuned.
Lowest sold single family home closed at $175,000 and the highest at $1.375M.
Currently we have 560 single family homes listed for sale in Boise. The lowest listed price is $179,800 and the highest is $2.35M. 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
Search Boise Homes For Sale by Price