Givens Group Market Report

Boise, ID

Single-Family Homes

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



Boise, ID

Fri Apr 12 2024
This week the median list price for Boise, ID is $624,999 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has increased to 281. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Boise, ID

Fri Apr 12 2024
This week the median list price for Boise, ID is $624,999 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has increased to 281. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $624,999
Median Price of New Listings $590,000
Per Square Foot $309
Average Days on Market 69
Median Days on Market 21
Price Decreased 32%
Price Increased 6%
Relisted 8%
Inventory 281
Median Rent
Market Action 46
Strong Seller's Market

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
$1,495,000 3,665 0.25 - 0.5 acre 4 4 17 10 5 45
$723,500 2,315 6,500 - 8,000 sqft 4 3 36 17 6 24
$544,950 2,007 8,000 - 10,000 sqft 3 3 25 21 13 14
$445,990 1,555 4,500 - 6,500 sqft 3 2 25 19 15 21