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
September Market Snapshot – Boise
Our local real estate market is trending towards a "balanced market" where we have enough housing inventory to meet the pace of demand, giving both sides of a transaction an equal shake in negotiations. For Boise specifically, the median list price of a home the week...