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Boise Idaho Real Estate Market Snapshot:

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Written by Don Wixom   

Housing Trends in the Boise Real Estate Market:

Let's take a look at the recent activity from our Intermountain MLS Data for Idaho real estate activity in the Boisearea:

Boise Idaho Real Estate
Boise Capitol

The following chart shows activity comparisons of number of homes sold in any given month from 2004 through March of 2008 in the Boise Valley. 2005 was obviously the peak year for Idaho Real Estate as well as for real estate across the country. There are some strong economic indicators for growth in 2008.  I think we have reached the bottom of the pricing range for the Boise Idaho Real Estate Market:  Now we hope to see the numbers of homes sold start to climb again in 2008. As you can see, sales of Boise area homes is climbing again, in April of this year!  Historically, more homes are sold in our area between March and August.  Though we anticipate more activity this Spring and Summer, prices won't seem to change much. For more details on the value of your home or for a specialized analysis of your home, please contact Don Wixom at (208) 880-5039.  There are some great buys on homes, low interest rates & a great, diverse economy in our valley... Go buy a house! Boise ID homes for sale!

Idaho Housing Market

2006 started out strong in number of units sold, but started to fall off in July, with a slight increase in August and dropping steadily in September and October. Idaho real estate appreciated at a rate of 2.9% throughout 2007 with a total appreciation rate of over 57% for 3 years! . This year has remained very steady with a "normal" amount of activity, slowing off a bit for the winter months, however. I believe with low interest rates and an excellent job market, the Boise Valley will experience another slight increase in values and more activity by Summer of 2008. March and April numbers already indicate that there is more activity since the end of 2007 with 893 homes sold in one month!

You can also view the State of Idaho Real Estate with more graphs and some information from our Idaho Association of Realtors!

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As far as who is doing all the selling; above you will see a bar graph showing the top real estate offices in Canyon County RE/MAX Advantage continues to be blessed with "Outstanding Agents, Outstanding Results."   "Nobody sells more Real Estate than RE/MAX".....even in the Boise ID Real Estate Market!

Read about the #1 Real Estate Office in Canyon County!

Since July of 2002, RE/MAX Advantage in Nampa, Idaho has held the number one market share position in Canyon County. This means more exposure for your property listings and more inventory to select from if you are buying.  RE/MAX agents, statistically, out perform the masses of licensed sales people in our industry. Having more experience and higher education, our agents are true professionals in their field. In Canyon County, RE/MAX Advantage is #1 at selling Nampa Homes, Caldwell Homes and homes throughout the area!

If you have real estate needs or wish to invest in this growing market we live in, please don't hesitate to contact me soon for a quick consultation on how we can meet your needs. It's a great time to buy Idaho Real Estate! Boise Real Estate and Nampa Real Estate; when purchased with the advice of a Realtor, can be the best investment you can make!

Please don't forget to bookmark this site or even this article and take a moment to vote in the poll on the right side of this page. I do my best to keep the statistics updated monthly, so please come back!

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