Boise Real Estate Blog

Here’s a snapshot of May’s real estate activity for Boise (Ada County), Idaho:

Available Homes
# Available: 4,958
# Vacant: 2,487
Vacant Percent: 50.2%
Average Asking Price: $351,186
Median Asking Price: $265,275

Pending Sales
# Pending:  769
Average Asking Price: $284,664
Median Asking Price: $224,900

Closed Sales – May 2007
# Closed:  754
Average Sales Price: $281,543
Median Sales Price: $230,000

Closed Sales – May 2008
# Closed: 521
% Change:  -30.9%

Average Sales Price: $245,461
% Change:  -12.8%

Median Sales Price: $206,000
% Change:  -10.4%

Data taken from Intermountain MLS on 6/5/08 and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.