Market Trends

Boise real estate market update June 2024

by Jennifer Louis | June 21, 2024 | Idaho Real Estate, Market Trends | 0 Comments

The median price in both Canyon and Ada Counties has increased as of May 2024. In Ada we saw a 3.5% increase from the same time last year and in Canyon County a 1.2% increase. Home prices have gone up along with days on market. Buyers are taking longer to close on...

Boise Real Estate Market Facts and Trends – April 2024

by Jennifer Louis | April 24, 2024 | Idaho Real Estate, Market Trends | 0 Comments

The median price in both Canyon and Ada Counties has increased as of April 1, 2024. In Ada we saw a 14.4% increase from the same time last year and in Canyon County a nearly 5% increase. Home prices have gone up, but so has inventory, yet bidding wars are not the...

Boise Real Estate Market Facts and Trends – March 2024

by Jennifer Louis | March 15, 2024 | Market Trends | 0 Comments

The median price for Ada County in February was hovering just over $520,000 an increase from last year In Canyon County, the median price increased by nearly 5% with a median price of $410K. Why the sudden increase this early in the season? Let's dive into the trends...

Your Property’s Assessed Value versus Fair Market Value

by Jennifer Louis | December 12, 2023 | Market Trends | 0 Comments

Property owners in Ada County have recently received their 2023 Assessed Value notices, and to the delight of many, there's a surprising dip compared to the 2022 assessment. This unexpected turn of events is fantastic news for homeowners, as a lower assessed value...

Differences Between Real Estate Teams and Independent Agents

by Jennifer Louis | September 6, 2023 | Market Trends | 0 Comments

When it comes to buying or selling your home, the choice between working with a real estate team or an independent/single agent is a significant decision. Each option offers its unique strengths, but many clients have discovered the exceptional benefits of choosing an...

Reality of Renting vs Buying in Boise in 2024

by Jennifer Louis | June 13, 2023 | Market Trends | 0 Comments

Is It Better to Rent or Buy in 2024? Boise's home prices have gone up substantially over the past several years, but the same can be said for the going rental rate in Boise and the surrounding Treasure Valley. With mortgage interest rates higher than they have been...

Bolder Buyers in 2023 Market

by Jennifer Louis | May 11, 2023 | Market Trends | 0 Comments

Bolder Buyers in 2023 During the home-buying frenzy during and post-COVID, many homebuyers were opting not to have a traditional home inspection, buying the home in as-is condition to make their offer more appealing in a multiple-offer situation. Now, as the market...

Real Estate is Just Weird in 2023

by Jennifer Louis | April 25, 2023 | Market Trends | 0 Comments

The Weirdest Year in Real Estate In all the years I've been in real estate in Idaho this has to be one of the most strange. It doesn't help that Winter can't figure out that it's Spring's time to shine and just keeps dropping snow and breaking records all over the...

March 2023 Boise Market Trends

by Jennifer Louis | March 22, 2023 | Market Trends | 0 Comments

Analyzing the data from February we see that Boise home prices continue to decline compared with the same time the previous year, however, February sales showed that the prices were just a tick higher than the month before. According to the Boise Regional Realtors...

February 2023 Boise Market Trends

by Jennifer Louis | February 27, 2023 | Market Trends | 0 Comments

This is looking to be a very bumpy ride in real estate in the Treasure Valley in 2023. With buyers out again shopping and sellers who held off selling last year getting their homes on the market we are seeing and can expect more activity in 2023 than 2022. However,...