​
 

Ada County Median Home Price Up 12.5% in the Last Year

Posted on June 13, 2019

Boise (670 KBOI News) – 12.5%…that’s how much Ada County home prices are up over this time last year.

That’s according to Boise Regional Realtors…president Phil Mount says prices of new construction and existing homes rose considerably between May of 2018 and last month.

“With a shortage of homes, a restricted inventory, prices go up,” said Mount.  “We’re now reaching a new record,  $342,990 is our median sale price in May of this year, and that was up 12.5% over the same time last year.”

Mount says even with all the construction going on right now, it’s not nearly enough to keep pace with demand.

He says the building industry is still dealing with the after effects of the recession, when many skilled tradesmen left the industry.

Blogs

Why February in Idaho Isn’t All That Bad

Why February in Idaho Isn’t All That Bad

February in Idaho gets a bad rap. People complain about the cold weather, the snow, and the short days. But there’s actually a lot to love about February in Idaho. For starters, there’s the snow. Yes, it’s cold, but that just means there’s more snow to play in. And what could be better than a…

Why Country Concerts in Idaho Are So Great

Why Country Concerts in Idaho Are So Great

If you’re a fan of country music, then you know that there’s no better place to see a show than in Idaho. Here are just a few of the reasons why: The Ford Idaho Center in Nampa on a summer evening is absolutely perfect. There’s nothing quite like spending a warm summer evening under the…

Larry Fleet March 1st

Larry Fleet March 1st

Larry Fleet will be at the Knitting Factory March 1st, 2025! Visit https://www.ticketmaster.com/event/1E00612419E25DD5 to get your tickets!

Headlines