RESIDE 208 - Isaac & Ellie Chavez

Boise, ID

Single-Family Homes

isaac@isaacchavez.com, www.reside208.com, 208-423-8754



Boise, ID

Mon Jan 24 2022
This week the median list price for Boise, ID is $689,900 with the market action index hovering around 64. This is an increase over last month's market action index of 61. Inventory has decreased to 151. Click here to stay informed with the Boise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Boise, ID

Mon Jan 24 2022
This week the median list price for Boise, ID is $689,900 with the market action index hovering around 64. This is an increase over last month's market action index of 61. Inventory has decreased to 151. Click here to stay informed with the Boise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $689,900
Median Price of New Listings $593,450
Per Square Foot $318
Average Days on Market 79
Median Days on Market 49
Price Decreased 39%
Price Increased 3%
Relisted 7%
Inventory 151
Median Rent $2,005
Market Action 64
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,250,000 3,731 0.25 - 0.5 acre 4 3.5 15 2 7 70
$777,000 2,568 8,000 - 10,000 sqft 4 2.5 24 7 7 56
$599,900 2,106 8,000 - 10,000 sqft 4 2.5 28 9 21 42
$410,500 1,312 6,500 - 8,000 sqft 3 2 25 6 16 45