An increase in the inventory of newly constructed homes, coupled with a slight boost in the inventory of pre-existing homes gave buyers more options in September than any month this year, thereby extending the homebuying season into the fall. Despite this increased inventory, demand is still outpacing supply, which has helped to boost the overall median sales price to $349,994 (up 9.7% from this time last year but down 1.4% from last month).
If you've been considering a move, this would be a great time to connect with us to discuss the current value of your home and to see what's newly available on the market. To discover what your home is currently valued at, simply click here and we will happily provide you with an obligation-free, complimentary home or investment property evaluation.
Or (especially with the recent uptick in inventory) if you're interested in browsing available homes in your local area (and take advantage of the low mortgage rates), click here. Otherwise, keep reading to learn more about what's happening in Ada County's real estate market.
Average Sold Price (September 17, 2019 - October 17, 2019)
- Eagle: $579,981
- Boise: $368,000
- Meridian: $376,162
- Star: $414,292
- Garden City: $382,020
- Kuna: $299,420
- Middleton: $341,506
- Nampa: $273,998
- Caldwell: $263,485
Learn More About Eagle's River Corridor
There is just something magical about the communities that make up Eagle's River Corridor. To learn more about all of the neighborhoods that make up this highly coveted area, visit Eagle Idaho River Corridor. Or to download a one-sheet detailing each neighborhood's current and and cumulative activity, click here.