The fantastic geographic location of land and real estate in this area!
Contact Ava or Cristina. Their over 70 combined years as residents of the Valley will help you decide to stay & buy your home in this beautiful metropolis full of “Treasure”. You won’t regret it.
Boise Realtor, Cristina Pescaru, shares the June 2021 Market Report for Ada County, Elmore County, Gem County, and Canyon County. The market is changing slowly, but surely. Here are the latest stats from Boise Regional Realtors:
Boise Regional REALTORS®
MARKET REPORT June 2021
ADA COUNTY INVENTORY ROSE IN JUNE AS HOME SELLERS CAPITALIZE ON HIGHER PRICES
The median sales price for homes in Ada County reached $525,000 in June, nearly even with May 2021.
While our region has faced insufficient supply for years — the main driver of home prices — June marked three consecutive months of inventory growth. While still low compared to previous years, there were 729 homes available for sale at the end of the month, up 27.9% from May.
ELMORE COUNTY HOUSING MARKET UPDATE The rolling 12-month median sales price climbed to $263,500 in Elmore County as of June 2021 — an increase of 28.9% over the same period last year.
The continued price growth may be encouraging homeowners to list, as monthly existing inventory has been climbing for the past three months — a trend we hope to see continue. At the end of June, there were 27 existing homes available for purchase, up from 16 at the end of May, and nine in April. Inventory of new construction has also been improving slowly, and as of June, there were 14 available for purchase.
GEM COUNTY HOUSING MARKET UPDATE The rolling 12-month median sales price climbed to $341,000 in Gem County as of June 2021 — an increase of 29.7% over the same period last year.
The continued price growth may be encouraging homeowners to list, as compared to 2020. At the end of June, there were 36 existing homes available for purchase and another 14 new construction options on the market — the highest number since December 2019.
The real estate market has taken us all on a wild ride for the last year and a half, and here are some facts and figures helping us to make sense of it. Boise Realtor, Cristina Pescaru, shares the May 2021 Market Report for Ada County, Elmore County, Gem County, and Canyon County.
ADA COUNTY’S MEDIAN SALES PRICE PASSED THE $500,000-MARK IN MAY
The median sales price for homes in Ada
County reached a new record of $523,250 in May, up 8.7%
compared to April 2021. Crossing this threshold may have been
anticipated by some, considering the recent report from realtor.com shared
by the Idaho Statesman noting the Boise
metro’s price growth was the highest in the country
over the past four years. Learn
More
ELMORE
COUNTY HOUSING MARKET UPDATE
Competitive
market conditions continued in May as the average number of days between when a
home was listed for sale and an offer was accepted dropped to a record eight
days – five days faster than in April 2021. Not only did buyers pick up
properties more quickly than ever before, nearly 70% of all home buyers who
closed in May were willing to pay over list price. Learn
More
In May 2021, the median sales price for homes in Gem
County reached $334,000, an increase of 1.1% compared to April
2021. Due to the smaller number of transactions that occur in the area, we
use a rolling 12-month median sales price to get a better idea of the overall
trends. In addition to the insufficient supply of available
homes compared to demand, another factor putting upward pressure on prices
was that more than half of all buyers paid over list price on homes that closed
in May. Learn
More
Livability.com Lists Top Best Places to Live in 2019
Livability.com shares the 2019 top best places to live. Our home town, Boise Idaho, is listed number 1. According to their website, Livability showcases America’s best places to live, covering research-driven topics about communities around the country through engaging stories, photography and video.
Take a walk around this year’s #1 city and ask people where they’re from, and chances are you’ll meet a lot of recent transplants from places like Portland, the Bay Area and New York. That’s no coincidence.
Boise has become a magnet for people looking for a tight-knit community, great job opportunities, easy access to the outdoors — and perhaps most importantly, a much lower cost of living than many larger and comparably sized cities.
Young families are drawn to Boise because it’s one of the safest cities in the world. In addition, Boise’s combination of affordability and do-it-yourself spirit make it the perfect place for creatives (check out the awesome comedy scene), entrepreneurs and startups. The tech scene here is growing fast, with new talent flocking to the city, eager to find a work-life balance that allows for plenty of fresh air and adventure. Boise has appeared on Livability’s Top 100 Best Places to Live ranking every year since the list’s inception, but this is the city’s first — and well-deserved — appearance in the #1 spot.
WalletHub looked at 54 key metrics to identify the most livable seats of state government.
Boise ranked as the second best state capital to live in the U.S., according to a new report from the personal finance website WalletHub.
WalletHub compared all 50 state capitals across 54 key metrics to identify the most livable seats of state government. They ranged from cost of living to affordability to unemployment to economic well being to the number of attractions.
Cultural Cheatsheet lists the most active cities in America that will keep you fit in 2019 They listed Boise, Idaho with the following stats.
What makes a city healthy? According to WalletHub, it’s a combination of 38 factors, including affordable fitness memberships, many physically active citizens, and a lot of swimming pools, tennis courts, and basketball hoops. These are the 15 healthiest cities in America. Where does your town rank?
Score: 49.56/100
Best category: 2nd best city for “budget and participation”
Also known as: 3rd best-run city in America, 10th safest city
These U.S. Cities Are the Safest Places to Live, Work, and Play
Life involves hazards. Traffic accidents, natural disasters, and other setbacks occur everywhere, but some regions are much safer than others. If you hope to have a safe, healthy life, you’ll want to pack up and head to one of these U.S. cities, the safest places to live, work, and play.
Boise, Idaho loves to be first. It’s the No. 1 most financially safe city in the U.S., and it ties for first with a few others for the lowest unemployment rate. Things seem pretty idyllic in Boise; the town has a “greenbelt” of beautiful trails and parks along its river, and residents enjoy vibrant arts and outdoor scenes.
2018’s Best-Run & Worst-Run Cities in America
Jul 9, 2018 | Adam McCann, Financial Writer
Wallethub includes two cities in the Treasure Valley area as the best run cities for 2018. Nampa, Idaho was ranked first and Boise, Idaho was ranked 3rd best.
How do we measure the effectiveness of local leadership? One way is by determining a city’s operating efficiency. In other words, we can learn how well city officials manage and spend public funds by comparing the quality of services residents receive against the city’s total budget. Using that approach, WalletHub compared the operating efficiency of 150 of the largest U.S. cities to reveal which among them are managed best. We constructed a “Quality of Services” score made up of 35 metrics grouped into six service categories, which we then measured against the city’s per-capita budget. Read on for our findings, expert insight and a full description of our methodology.
✓ for a fast sale you need popular features ✓ updating is a must before listing my house for sale ✓ for sale by owners in Boise are making more money ✓ a dated home will not sell ✓ every house must be staged to sell
Are you thinking these thoughts above? Contact Ava or Cristina for an informative discussion on these and more Boise Real Estate Myths.
In the fast-growing Idaho city, Boise residents grapple with challenges of growth and new arrivals. Read the Curbed article by Patrick Sisson.
“The Boise metro area (population 700,000) has also experienced the downsides of rapid growth. Idaho, now the fastest-growing state in the nation, and Boise, a boomtown by many measures, have felt the strain from the city’s recent success. Downtown is straining under traffic problems, and housing costs have skyrocketed. The state projects the region will add another 100,000 residents by 2025.”