April 2019 Market Report: Ada County Real Estate Market

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Summary: Compared to the same month one year ago (March 2018), the median sales price for existing single-family homes in Ada County increased by 9.2%, while total inventory also increased by 18.3%. This increase in both price and inventory has influenced how many homes sold overall (down 5.3% year-over-year) - and how quickly they are selling.

And for newly constructed homes, compared to one year ago, home sales are up 21.7% and inventory is up 17.8%. The median sales price for these homes has increased (by 10.7%) and they're remaining on the market for a longer period of time than they were one year ago. With buyer demand still high and bidding wars commonplace, it is a great time to consider looking into newly constructed homes. We've recently had a number of wonderful experiences helping our clients move into their dream homes quickly and easily.



Treasure Valley Housing Markets
Average Sold Price (March 1, 2019 - February 17, 2019) 

• Eagle: $509,574
• Meridian:  $364,566
• Boise:  $362,085
• Star:  $403,496
• Garden City:  $325,656
• Kuna:  $293,333
• Middleton: $301,824
• Nampa:  $259,262
• Caldwell:  $235,319