Givens Group Market Report

Boise, ID

Single-Family Homes

Givens Group at Keller Williams Realty Boise | 208-989-7200 | Dan@DanGivens.com



Boise, ID

Thu Dec 08 2022
This week the median list price for Boise, ID is $532,990 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 591. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Boise, ID

Thu Dec 08 2022
This week the median list price for Boise, ID is $532,990 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 591. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $532,990
Median Price of New Listings $499,368
Per Square Foot $287
Average Days on Market 93
Median Days on Market 77
Price Decreased 70%
Price Increased 1%
Relisted 12%
Inventory 591
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$984,900 3,179 0.25 - 0.5 acre 4 3 19 2 12 91
$599,900 2,130 8,000 - 10,000 sqft 4 3 32 8 12 77
$487,950 1,906 6,500 - 8,000 sqft 4 2 25 12 15 77
$384,995 1,346 6,500 - 8,000 sqft 3 2 39 8 19 73