Is the Boise Housing Bubble Deflating? 89.32% increase in listings. Home prices dive 11.42%  
Boise Real Estate Market Johnathan Melin Boise Real Estate Market Johnathan Melin

Is the Boise Housing Bubble Deflating? 89.32% increase in listings. Home prices dive 11.42%  

As the real estate market in Ada County continues to evolve, it is crucial to keep an eye on the latest trends and changes. From March 2022 to March 2023, the market has undergone significant transformations, with existing home sales seeing more significant declines in various aspects compared to newly constructed homes. The median price of single-family homes sold has fallen by 11.42%, and the average price has declined by 8.40%. Additionally, the days on the market have increased from 29 to 73, and the total dollar volume has decreased by 22.81%. These changes indicate a shift in the Ada County real estate market, with homebuyers having more options and negotiating power in the current market.

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