Market Update

Nov. 8, 2021

October Market Update and Thanksgiving Message!

 

Here's the latest on the market and have a happy Thanksgiving! 

 

Here is a quick October Market Update from BRR®:

  • Median Price = $533,950 (holding steady last couple months)
  • Inventory UP 158% YOY (but DOWN 30% compared to 2019, for perspective)
    • Still historically low at only ...
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Oct. 1, 2021

Will Homes Appreciate This Much Again in 2022?

Here’s what you should know about home price appreciation here in Boise.

 

Home prices have been skyrocketing in 2021, but what’s going to happen in 2022? We all know that one of the major storylines of this year has been the strength of the residential real estate market. Home ...

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Posted in Market Update
Sept. 16, 2021

Homebuyer Sentiments Have Shifted

Here’s why more homebuyers prefer space over convenience these days.

 

Would you rather live in a smaller home that’s closer to your neighbors and amenities like schools, restaurants, and shopping, or would you rather live in a larger home further from your neighbors but also further from those amenities ...

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Posted in Market Update
Aug. 3, 2021

What Our June Numbers Mean for the Market

Here are all the numbers from June and what they mean for the market.

 

 

As we roll into the second half of the year, I want to give you a quick update on the numbers from June. Things have been great so far this year, so I’m looking ...

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Posted in Market Update
April 26, 2021

What’s Going on in Our Market?

Here are the stats from the first quarter of the 2021 market.

 

As I’m sure you’ve heard by now, our housing market is incredibly fast-paced and competitive at the moment. Today we’ll take a look back on the stats from the first quarter of this year and use those ...

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Posted in Market Update
Feb. 24, 2021

What’s Happening in Boise and Ada County in 2021?

Here’s the latest news and stats for Ada County in January 2021.

 

Today I have the latest numbers for our real estate market. Things are looking a lot like they were at the end of 2020. Prices are up, inventory is low, and demand is high. Things are looking ...

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Posted in Market Update
Jan. 19, 2021

What Happened in Our 2020 Market?

It’s time to look back on our 2020 market and look ahead to 2021.

 

In 2020, despite the COVID-19 pandemic, the Ada County market outpaced the previous year. 

 

The year started strong, with January sales up 21% year over year. Of course, things began to taper off ...

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Posted in Market Update
Dec. 22, 2020

The Latest Numbers as We Close out 2020

Supply is low and demand is high in our Ada County market.

 

We’re well into December, which means it’s time to look back on November to see our latest market statistics. 

 

In short, November saw some great numbers, with even more record pricing. The median price for ...

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Posted in Market Update
Sept. 29, 2020

Where’s Our Market Going?

Here’s what you should know about our real estate market right now. 

 

Our real estate market is on fire. As we close out September, we have all kinds of new records that are being broken.

 

Back in August, Ada County hit a new all-time high with a ...

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Posted in Market Update
Sept. 2, 2020

Q: How Accurate Are Zestimates?

Here’s how I explain to homeowners the issue of AVM accuracy.  

 

 

How accurate are Zestimates, or any other online, automated valuation models (AVMs) available to homeowners these days? I even have a great valuation tool that I use (see the links in my email and blog page ...

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Posted in Market Update