Boise Real Estate Blog

Closed sales of Boise homes are one of the best indicators of our Boise real estate market.

Here’s a breakdown of 2017 year-to-date Boise homes closed sales.

• January: 552
  % Change: (baseline number)
• February: 515
  % Change: -6.7%
• March: 828
  % Change: +60.8%
• April: 852
  % Change: +2.9%
• May: 1,023
  % Change: +20.1%
• June: 1,200
  % Change: +17.3%

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

Data does not include condo or townhome properties.

Data pulled from Intermountain MLS at the beginning of each month.

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Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors^® (of 5,500) honored with the coveted “Realtor^® Emeritus” award from the National Association of Realtors^®, recognizing 40 years in real estate.

 

Pending sales of Boise homes are an indicator of future closed sales.

Here’s a breakdown of 2017 year-to-date Boise homes pending sales.

• January: 1,023
  % Change: (baseline number)
• February: 1,249
  % Change: +22.1%
• March: 1,520
  % change: +21.7%
• April: 1,737
  % Change: +14.3%
• May: 1,824
  % Change: +5.0%
• June: 1,832
  % Change: +.44%

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

Data does not include condo or townhome properties.

Data pulled from Intermountain MLS at the beginning of each month.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors^® (of 5,500) honored with the coveted “Realtor^® Emeritus” award from the National Association of Realtors^®, recognizing 40 years in real estate.

 

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

Available Homes

# Available: 1,904
Average Asking Price: $426,950
Median Asking Price: $335,934
Months’ Supply: 2.1

Pending Sales

# Pending: 1,832
Average Asking Price: $338,686
Median Asking Price: $295,312

Closed Sales – June 2016

# Closed: 1,205
Average Sales Price: $288,434
Median Sales Price: $251,742

Closed Sales – June 2017

# Closed: 1,200
% Change: -.41%

Average Sales Price: $313,899
% Change: +8.8%

Median Sales Price: $272,770
% Change: +8.5%

Data extracted from Intermountain MLS  on 7/7/17 and pertains to Boise Idaho (Ada County) 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.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors^® (of 5,500) honored with the coveted “Realtor^® Emeritus” award from the National Association of Realtors^®, recognizing 40 years in real estate.