Go Idaho Team @ Exp Realty (208) 547-6408 or goidahoteam@goingidaho.com
Boise, ID 83702
Single-Family Homes
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Boise, ID 83702
Tue Jun 06 2023
This week the median list price for Boise, ID 83702 is $903,500 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 47.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $903,500 | |
| Median Price of New Listings | $875,000 | |
| Per Square Foot | $422 | |
| Average Days on Market | 64 | |
| Median Days on Market | 28 | |
| Price Decreased | 49% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 47 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,400,000 | 4,671 | 0.25 - 0.5 acre | 5 | 4 | 5 | 1 | 1 | 42 |
| $1,115,990 | 3,480 | 0.25 - 0.5 acre | 4 | 3.5 | 53 | 2 | 1 | 31 |
| $856,000 | 2,094 | 4,500 - 6,500 sqft | 3 | 2 | 83 | 2 | 3 | 21 |
| $649,450 | 1,535 | 0 - 4,500 sqft | 3 | 2 | 90 | 2 | 0 | 21 |