For the first time since October 2014, the median sales price for homes in Ada County dropped year-over-year.
October Market Stats
A look into October’s market stats.
A Look at the Fall Housing Market
The median sales price for homes in Ada County was $565,000 in August, down 4.2% from July but 6.6% higher than August 2021. Higher mortgage interest rates and higher home prices have impacted monthly mortgage payments, causing some potential buyers to make budget adjustments, and others to press pause on their home search for the time being.
‘Signs of normalizing’: Data shows lower home prices in Boise in June…
Home prices in Ada County dropped in the month of June, according to data from the Boise Regional REALTORS, writes Idaho Press reporter Sydney Kidd. And this trend looks like it may continue for the near future, said Boise Realtor Sheila Smith, who says she expects home prices to continue dropping for the next couple … » Learn More about ‘Signs of normalizing’: Data shows lower home prices in Boise in June…
Reduce Your Heating & Cooling!
Idaho Power is offering cash incentives on new energy-saving equipment and services for qualifying homes. This is a great time to make sure your home is energy efficient!