Boise Idaho Home Sales – May 2019

Boise Idaho Home Sales Activity For May 2019

Boise Idaho Home Sales

Boise ID Homes For Sale

Boise ID Pending Sales

  • # Pending: 1,831
  • Average Asking Price: $424,223
  • Median Asking Price: $374,900

Closed Boise ID Home Sales – May 2018

  • # Closed: 1,230
  • Average Sales Price: $350,224
  • Median Sales Price: $305,000

Closed Boise ID Home Sales – May 2019

  • # Closed: 1,186
    % Change: -3.6%
  • Average Sales Price: $389,534
    % Change: +11.2%
  • Median Sales Price: $342,632
    % Change: +12.3%

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

Snake River Valley Wine Region Video

Boise Idaho Fall Color Video

Data extracted from Intermountain MLS on 6/9/19 and pertains to Boise Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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Boise Idaho Home Sales – April 2019

Boise Idaho Home Sales Activity For April 2019

Boise Idaho Home Sales

Boise Idaho Homes For Sale

Boise ID Pending Sales

  • # Pending: 1,840
  • Average Asking Price: $423,643
  • Median Asking Price: $366,056

Closed Boise ID Home Sales – April 2018

  • # Closed: 925
  • Average Sales Price: $347,513
  • Median Sales Price: $296,900

Closed Boise ID Home Sales – April 2019

  • # Closed: 940
    % Change: +1.6%
  • Average Sales Price: $377,144
    % Change: +8.5%
  • Median Sales Price: $330,000
    % Change: +11.2%

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

Snake River Valley Wine Region Video

Boise Idaho Fall Color Video

Data extracted from Intermountain MLS on 5/5/19 and pertains to Boise Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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Time To Consider Boise River Flood Insurance

It’s Time To Consider Getting Boise River Flood Insurance!

Boise River Flood

We’ve had a very robust winter with lots of snow, and we’re having a wet Spring season.

Our above average snowpack in the mountains, combined with a very wet Spring, once again poses the risk of downstream flooding.

Several nearby areas have already experienced flooding and mudslide damage to major highways so far this Spring.

Boise River Flood Control

We have three upstream reservoirs that were built to provide irrigation water to the Treasure Valley and avoid downstream flood damage:

  • Lucky Peak Reservoir.
  • Arrowrock
  • Anderson Ranch Reservoir

Our federal water managers perform a delicate, precise dance every Spring as they balance the need to store precious irrigation water for downstream farms vs. avoiding high river flows that can cause flooding.

At this point, our three reservoirs should be able to handle the runoff, but every year brings flood risk as our water managers balance retaining irrigation water vs. avoiding flooding.

In recent years, the Boise River has flooded the warehouse district of Garden City and eroded numerous sections of the greenbelt.

In 2017, flood waters damaged the Plantation Island bridge, requiring its removal when the bridge foundations were damaged by high water levels.

Plantation Island Bridge

(image credit: IdahoPress.com)

At that time, officials were concerned that the bridge could be swept downstream and cause catastrophic damage.

That bridge was recently restored to its former location at a cost of $200,000.

As I write this, portions of the Boise River Greenbelt are under water.

Flood Insurance Information

If your home is near the Boise River, especially in the Eagle area, you should consider getting flood insurance.

The cost is reasonable, especially when you consider the risks and potential losses involved.

Federal flood insurance has a 30-day waiting period, so don’t procrastinate!

You can get more information about flood insurance from the FEMA website, or from your homeowner’s insurance agent.

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

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Boise Idaho Home Sales – March 2019

Boise Idaho Home Sales Activity For March 2019

Boise Idaho Home Sales

Boise Idaho Homes For Sale

Boise ID Pending Sales

  • # Pending: 1,523
  • Average Asking Price: $416,907
  • Median Asking Price: $361,900

Closed Boise ID Home Sales – March 2018

  • # Closed: 901
  • Average Sales Price: $346,790
  • Median Sales Price: $306,200

Closed Boise ID Home Sales – March 2019

  • # Closed: 836
    % Change: -7.2%
  • Average Sales Price: $384,530
    % Change: +10.9%
  • Median Sales Price: $336,126
    % Change: +9.8%

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

Snake River Valley Wine Region Video

Boise Idaho Fall Color Video

Data extracted from Intermountain MLS on 4/5/19 and pertains to Boise Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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What Does BTVA Mean In Boise MLS Listings?

You’ve probably seen the term “BTVA” included in various Boise MLS listings!

BTVA

If you see a Boise MLS listing for a property like the one above, don’t be surprised if you see the term “BTVA” in the listing!

Although it almost sounds like a dirty word, it isn’t.

“BTVA” is Realtor® shorthand for “Buyer To Verify All”.

Placing “BTVA” in a listing is a thinly-veiled attempt by a listing agent to redirect responsibility for verifying all of the details of the property to the buyer.

It’s nothing less than a feeble attempt by the listing agent to avoid legal liability.

Most buyers who see that acronym don’t even know what “BTVA” means.

They also lack the knowledge and experience needed to verify all the details of a property.

That’s why you should hire your own buyer’s agent to represent you!

Call me at (208)938-5533 for experienced, skilled buyer representation!

A competent buyer’s agent will be able to research and confirm property details for you.

Your buyer’s agent will then become responsible for verifying the details of a property for you.

It’s important to understand that both sellers and listing agents are legally required to disclose all known material facts to buyers.

Non-disclosure of a known material fact can become a problem for both a seller and their agent.

I wouldn’t want to be a listing agent standing before a judge, explaining that I wasn’t responsible for inaccurate listing information because I inserted “BTVA” in my listing.

P.S. If you’re still wondering, I never use the term “BTVA” in my listings!

View All Boise Idaho Homes For Sale

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

Snake River Valley Wine Region Video

Boise Idaho Fall Color Video

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