RESIDE 208 - Isaac & Ellie Chavez

Boise, ID

Single-Family Homes

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



Boise, ID

Sat Feb 27 2021
This week the median list price for Boise, ID is $549,900 with the market action index hovering around 85. This is an increase over last month's market action index of 81. Inventory has held steady at or around 81. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Boise, ID

Sat Feb 27 2021
This week the median list price for Boise, ID is $549,900 with the market action index hovering around 85. This is an increase over last month's market action index of 81. Inventory has held steady at or around 81. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $549,900
Per Square Foot $291
Days on Market 0
Price Decreased 10%
Price Increased 4%
Relisted 1%
Inventory 81
Median Rent $1,495
Most Expensive $7,750,000
Least Expensive $270,000
Market Action 85
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,574,500 3,817 0.25 - 0.5 acre 4 3 7 6 1 59
$744,900 2,686 0.25 - 0.5 acre 4 3 44 8 6 21
$468,995 1,816 6,500 - 8,000 sqft 3 2 12 14 13 0
$350,000 1,236 6,500 - 8,000 sqft 3 2 34 16 13 0