Follow up to the February 2018 Market Report
Hello BRR Members, You may have read the Idaho Statesman article about the median sales price for homes in Ada County, based on the February market stats. We wanted to…
February 2018 Market Report
ADA COUNTY HOME PRICES HIT RECORD HIGH AS INVENTORY DROPS TO RECORD LOW Boise being named one of the fastest growing cities has certainly brought a lot of additional attention…
January 2018 Market Report
No Lag in Demand for Homes in Ada County Last January, we discussed the effects of a historic snowfall on Ada County’s real estate market, which is quite different from…
2017 Residential Real Estate Market Report
For the past few months (and years), we’ve been focusing on the causes and effects of low inventory in our local housing market… and for good reason. December 2017…
More New Construction Homes Available Than Existing in Ada County
Ada County hit another record low for inventory in December 2017, with just 1,391 homes for sale — a 6.6% drop from December 2016. While we’ve discussed the lack of…
$3 Billion Worth of Homes Have Sold in Ada County, Setting New Record
Ada County home sales surpassed the $3 billion-mark for the first time, based on Total Dollar Volume figures year-to-date, January 1–November 30, 2017. Historically, the month of December adds another…
Many Reasons for Lack of Entry-Level Housing Inventory in Ada County
October 2017 marks a full three years of falling inventory, specifically in the number of existing homes for sale in Ada County. There were 1,023 existing homes for sale in…
Is it a Seller’s Market for Everyone? A Tale of Two Homes in Ada County
A recent USA Today article discusses how high demand and low supply have made it a seller’s market, especially for lower-priced homes. However, “that does not mean every house will…
Fast-Moving Housing Market Continues to be Driven by Demand
Despite rising home prices, today’s housing market doesn’t have much else in common with the market we saw prior to the recession. The Boise Region’s housing market is being driven…
Ada County Home Prices Reach New Record in August While the Pace of Growth Steadies
Three main factors continue to drive housing demand in Ada County — increased economic development, limited housing supply, and a growing population — resulting in a record high median sales…
