Real estate data from this spring is just now coming out, helping us understand how the local market has been affected by the pandemic. It’s no secret that the pace of the market slowed down nationally as well as locally. One thing certain is that the future is uncertain and we do not know what late summer and fall will bring. However, June numbers show that the market in Ada County quickly ramped back up after the stay-at-home order was lifted. A bit more on that here.
Even during the pandemic, in comparison to broad, national figures, Boise continues to outpace most areas and see increased investment. Especially in centrally located areas like The Bench. See what’s in store for this hot area of Boise.
Boise’s Next Push For Denser Housing Could Be The Bench
Highlights from August Real Estate Market Stats
Highlights from August Real Estate Market Stats Ada County Median Sales Price: $520,000, -8% YOY Inventory (Available Homes): -35% YOY Mortgage Applications: -3.1% YOY What's it mean? The market continues to re-balance after the last few years, returning some...