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
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