Boise Regional REALTORS® (BRR) released Mid-Year Residential Real Estate Updates for Ada, Elmore, and Gem counties as part of virtual housing summits that were held during the week of July 20, 2020.
- 2020 Mid-Year Residential Real Estate Update for Ada County
- 2020 Mid-Year Residential Real Estate Update for Elmore County
- 2020 Mid-Year Residential Real Estate Update for Gem County
The reports looked at the factors driving home prices and purchase demand, the impact of the pandemic on listing and sales activity, and the differences between today’s market and the conditions prior to the Great Recession, among other things.
As we move through the pandemic, Vanstrom said, “BRR will continue to monitor sales and inventory, unemployment filings, and new listing and purchase activity to identify any changes in home prices and the housing market overall in our region.”
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Boise Regional REALTORS® has a variety of resources about mortgage assistance, unemployment assistance, how to avoid scams, and more, under the Resources for Property Owners and Resources for Renters sections of BRR’s Coronavirus Response website.
This report is provided by Boise Regional REALTORS® (BRR), a 501(c)(6) trade association, representing real estate professionals throughout the Boise region. Established in 1920, BRR is the largest local REALTOR® association in the state of Idaho, helping members achieve real estate success through ethics, professionalism, and connections. BRR has two wholly-owned subsidiaries, Intermountain MLS (IMLS) and the REALTORS® Community Foundation.
If you have questions about this report, please contact Cassie Zimmerman, Director of Communications for Boise Regional REALTORS®. For notes on data sources, methodology, and explanation of metrics, visit boirealtors.com/notes-on-data-sources-and-methodology. If you are a consumer, please contact a REALTOR® to get the most current and accurate information specific to your situation.
The data reported is based primarily on the public statistics provided by the IMLS. These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. These statistics are not intended to represent the total number of properties sold in the counties or cities during the specified time period. The IMLS and BRR provide these statistics for purposes of general market analysis but make no representations as to past or future performance.
REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.