Here’s a look at Boise new home sales for this year vs. last year.

2013 Boise New Home Sales

• # Closed: 1,160
• Average Sales Price: $276,534
• Median Sales Price: $259,950

2014 Boise New Home Sales

• # Closed: 1,044
  % Change: -10.0%
• Average Sales Price: $313,159
  % Change: +13.2%
• Median Sales Price: $298,426
  % Change: +14.8%

Takeaways

• Higher new home sales prices are being driven by increased builder costs for land, materials, and labor.
• New homes are often larger than resale homes with more modern finishes and amenities.
• New homes are built to newer building codes and are generally more energy-efficient than the typical resale home.

Data pertains to Ada County new single-family homes on lot or acreage. Data does not include condo or townhome properties.

Data pertains to January 1st through August 31st of each year.