{"id":762,"date":"2024-01-24T17:38:31","date_gmt":"2024-01-25T00:38:31","guid":{"rendered":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/?p=762"},"modified":"2024-01-24T17:44:20","modified_gmt":"2024-01-25T00:44:20","slug":"boise-realtor-december-2023-year-end-market-report","status":"publish","type":"post","link":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/boise-real-estate\/boise-realtor-december-2023-year-end-market-report\/","title":{"rendered":"Boise Realtor December 2023 Year-End Market Report"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\" style=\"grid-template-columns:24% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"130\" height=\"133\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2016\/12\/ava-tong-boise-realtor.jpg\" alt=\"Ava Tong, Boise Idaho Realtor\" class=\"wp-image-391 size-full\"\/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Boise Realtor, <a href=\"https:\/\/www.findyourhomeinboise.com\/ava-tong-boise-realtor.html\">Ava Tong<\/a>, shares the December 2023 Year-End Market Report for the Idaho Treasure Valley.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">ADA COUNTY REAL ESTATE HIGHLIGHT REEL<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><br><strong>MEDIAN SALES PRICE (MSP) \u2014<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A home built in 2019 sold for $3.7 million in December 2023, positively weighing the year-over-year scales.<\/li>\n\n\n\n<li>We haven\u2019t seen the MSP dip below $517,000 since December 2022 \u2014 a $13K decrease compared to November 2023.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>HOMES SOLD \u2014<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Recent slow-downs in pending contracts caught up to sales in December 2023, slipping in all three sectors year-over-year.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>PENDING SALES \u2014<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In addition to higher sales, new construction saw the biggest bump in signed contracts in December 2023.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>INVENTORY \u2014<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Inventory dwindled across the board this month, leaving Ada County at a deficit for demand which is evident in this month\u2019s Months\u2019 Supply of Inventory (MSI).<\/li>\n\n\n\n<li>Just three months ago (September), we were at nearly double the current inventory for resale.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family.jpg\" alt=\"Ada County Single Family Homes Market\" class=\"wp-image-780\" srcset=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family.jpg 800w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family-300x300.jpg 300w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family-150x150.jpg 150w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Ada-Snapshot-Dec-23_Single-Family-768x768.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"791\" height=\"1024\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats-791x1024.jpg\" alt=\"Boise Realtor Ada County Stat Sheet\" class=\"wp-image-777\" srcset=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats-791x1024.jpg 791w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats-232x300.jpg 232w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats-768x994.jpg 768w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/AdaRealtorDecember2023-Stats.jpg 800w\" sizes=\"auto, (max-width: 791px) 100vw, 791px\" \/><\/a><\/figure>\n\n\n\n<p><em>The data reported is based primarily on the public statistics provided by the Intermountain MLS (IMLS), a subsidiary of Boise Regional REALTORS\u00ae (BRR).  Additional Market Snapshots: <strong>Canyon County, Elmore Country, Gem County.<\/strong><\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family.jpg\" alt=\"Canyon County Single-Family Homes December 2023\" class=\"wp-image-785\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family.jpg 800w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family-300x300.jpg 300w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family-150x150.jpg 150w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Canyon-Snapshot-Dec-23_Single-Family-768x768.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23.jpg\" alt=\"Elmore County Single-Family Homes December 2023\" class=\"wp-image-786\" srcset=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23.jpg 800w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23-300x300.jpg 300w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23-150x150.jpg 150w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Elmore-Snapshot-Dec-23-768x768.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23.jpg\" alt=\"Gem County Single-Family Homes December 2023\" class=\"wp-image-787\" srcset=\"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23.jpg 800w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23-300x300.jpg 300w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23-150x150.jpg 150w, https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2024\/01\/Gem-Snapshot-Dec-23-768x768.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Boise Realtor, Ava Tong, shares the December 2023 Year-End Market Report for the Idaho Treasure Valley. ADA COUNTY REAL ESTATE HIGHLIGHT REEL MEDIAN SALES PRICE (MSP) \u2014 HOMES SOLD \u2014 PENDING SALES \u2014 INVENTORY \u2014 The data reported is based primarily on the public statistics provided by the Intermountain MLS (IMLS), a subsidiary of Boise [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5,6],"class_list":["post-762","post","type-post","status-publish","format-standard","hentry","category-boise-real-estate","tag-boise","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=762"}],"version-history":[{"count":10,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/762\/revisions"}],"predecessor-version":[{"id":788,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/762\/revisions\/788"}],"wp:attachment":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}