Boise Idaho Home Sales – July 2018

Boise Idaho Home Sales Activity For July 2018

Boise Idaho Home

Boise Idaho Homes For Sale

# Available: 1,555    Click here to view all Homes for sale in Boise, ID
Average Asking Price: $474,017
Median Asking Price: $379,900
Months’ Supply: 1.6

Boise Idaho Pending Sales

# Pending: 1,703
Average Asking Price: $392,691
Median Asking Price: $344,990

Closed Boise Idaho Home Sales – July 2017

# Closed: 1,119
Average Sales Price: $309,335
Median Sales Price: $269,900

Closed Boise Idaho Home Sales – July 2018

# Closed: 1,125
% Change: +.54%

Average Sales Price: $365,648
% Change: +18.2%

Median Sales Price: $317,000
% Change: +17.5%

Boise Idaho Community Information

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Data extracted from Intermountain MLS on 8/5/18 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 Homes 2018 Mid-Year Review

Boise Idaho Homes 2018 Mid-Year Review

Boise Idaho Homes

Boise Idaho Homes Available Listings

  • January 2018: 1,514
  • July 2018: 1,469
  • % Change: -3.0%

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Boise Idaho Homes Months’ Supply

  • January 2018: 1.6
  • July 2018: 1.5
  • % Change: -6.3%

Boise Idaho Homes Pending Sales

  • January 2018: 995
  • July 2018: 1,847
  • % Change: +85.6%

Boise Idaho Homes Closed Sales

  • January 2018: 640
  • July 2018: 1,243
  • % Change: +94.1%

Boise Idaho Homes Average Sales Price

  • January 2018: $329,484
  • July 2018: $366,616
  • % Change: +11.3%

Boise Idaho Homes Median Sales Price

  • January 2018: $278,409
  • July 2018: $320,000
  • % Change: +14.9%

Summary & Insights

  • Seasonal factors (winter vs. summer) contributed to the data above.
  • We have very low listing inventory.
  • We have more buyers than sellers.
  • Builders can’t build new homes fast enough to meet demand.
  • Prices are rising rapidly due to demand exceeding listing inventory.
  • Multiple offer bidding wars are common.
  • We now have five times as many real estate agents as listings.

Date range is January thru June of 2018.

Data pertains to Ada County single-family homes on lot or acreage.

Data does not include condo, townhome, or mobile home properties.

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Boise Idaho Home Sales – June 2018

Boise Idaho Home Sales for June 2018

Boise Home Sales

Boise Idaho Homes For Sale

# Available: 1,469    Click here to view all Homes for sale in Boise, ID
Average Asking Price: $484,438
Median Asking Price: $386,001
Months’ Supply: 1.5

Boise Idaho Pending Sales

# Pending: 1,847
Average Asking Price: $385,732
Median Asking Price: $343,009

Closed Boise Idaho Home Sales – June 2017

# Closed: 1,245
Average Sales Price: $313,742
Median Sales Price: $272,490

Closed Boise Idaho Home Sales – June 2018

# Closed: 1,206
% Change: -3.1%

Average Sales Price: $368,995
% Change: +17.6%

Median Sales Price: $324,147
% Change: +18.6%

Boise Idaho Community Information

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Data extracted from Intermountain MLS on 7/7/18 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 – May 2018

Boise Idaho Home Sales for May 2018

Boise Home Sales

Boise Idaho Homes For Sale

# Available: 1,376   Click here to view all Homes for sale in Boise, ID
Average Asking Price: $493,339
Median Asking Price: $385,945
Months’ Supply: 1.4

Boise Idaho Pending Sales

# Pending: 1,927
Average Asking Price: $389,363
Median Asking Price: $342,670

Closed Boise Idaho Home Sales – May 2017

# Closed: 1,063
Average Sales Price: $303,619
Median Sales Price: $261,000

Closed Boise Idaho Home Sales – May 2018

# Closed: 1,194
% Change: +12.3%

Average Sales Price: $350,483
% Change: +15.4%

Median Sales Price: $305,000
% Change: +16.9%

Boise Idaho Community Information

Boise Idaho Community Video

Data extracted from Intermountain MLS on 6/9/18 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 Homes For Sale By Price Range

Here’s an interesting breakdown of Boise, Idaho (Ada County) homes for sale by price range:

  • Under $100,000: 1 listing   (.08% of total)
  • $100,000 to $149,999: 3 listings   (.23 % of total)
  • $150,000 to $199,999: 16 listings   (1.3 % of total)
  • $200,000 to $249,999: 73 listings   (5.7 % of total)
  • $250,000 to $299,999: 206 listings   (16.1 % of total)
  • $300,000 to $349,999: 190 listings   (14.8 % of total)
  • $350,000 to $399,999: 179 listings   (14.0 % of total)
  • $400,000 to $449,999: 135 listings   (10.5 % of total)
  • $450,000 to $499,999: 122 listings   (9.5 % of total)
  • $500,000 to $599,999: 107 listings   (8.4 % of total)
  • $600,000 to $699,999: 50 listings   (3.9 % of total)
  • $700,000 to $799,999: 61 listings   (4.8 % of total)
  • $800,000 to $899,999: 46 listings   (3.6 % of total)
  • $900,000 to $999,999: 19 listings   (1.5 % of total)
  • Over $1,000,000: 74 listings  (5.8 % of total)

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Data pertains to Ada County single-family homes on lots or acreage.

Data does not include condo or townhome properties

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