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 great; we just need some homes for sale.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to skip to topics that interest you most:
0:45- The key numbers to know for Ada County from January 2021
2:05- A look back at how the average days from listing to accepted offer has dropped over the last decade and how fast our team is selling homes right now
3:37- Why the market feels frantic for so many homebuyers and how they’re trying to compete
4:46- The share of existing/resale homes by price range in Ada County from Jan 2020 to Jan 2021
5:37- Wrapping things up
I think we’ll continue to see great numbers this year for buyers and sellers. Inventory remains low and while demand is high, interest rates are making homes more affordable for buyers.
If you have any questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.