April 18, 2019 at 1:57pm | Jonna Weber
Every  month we send out an informative real estate market update. To subscribe to receive the full version of our complimentary, obligation newsletter, please click here. To check out an excerpt from this month's newsletter, keep reading...

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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.

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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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We'd love to serve you or anyone you know as a partner in this exciting journey. Contact us for a complimentary listing consultation or to start your home search today.

Interested in staying informed of changes in our local real estate market?  
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