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 Sep 16 2021
This week the median list price for Boise, ID is $558,500 with the market action index hovering around 67. This is less than last month's market action index of 73. Inventory has increased to 404. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Boise, ID

Thu Sep 16 2021
This week the median list price for Boise, ID is $558,500 with the market action index hovering around 67. This is less than last month's market action index of 73. Inventory has increased to 404. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $558,500
Median Price of New Listings $489,900
Per Square Foot $298
Average Days on Market 35
Median Days on Market 21
Price Decreased 42%
Price Increased 3%
Relisted 4%
Inventory 404
Median Rent $1,780
Market Action 67
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
$959,990 3,077 0.25 - 0.5 acre 4 3 27 19 14 28
$649,900 2,278 8,000 - 10,000 sqft 4 2 31 13 19 21
$499,900 1,843 6,500 - 8,000 sqft 3 2 29 27 24 14
$415,000 1,328 6,500 - 8,000 sqft 3 2 42 38 27 14