The numbers are in, and they are looking Great!
According to the Intermountain Multiple Listing Service, for February 2016, in Ada County there are 1931 Active properties, 1471 Pending properties and the average sales price is $265,222.
In Boise alone there are 809 Active properties, 757 Pending properties, and the average sales price is $246,502.
In Eagle there are 289 Active properties, 135 Pending properties and an average sales price of $442,426.
In Meridian there are 588 Active properties for sale, 404 Pending sales and an average sales price of $264,533.
This resulted in an 11% INCREASE in sales from February 2015.
The inventory levels have gone down by 4% compared to February 2015.
This is bringing about higher sales prices. The average sales price has gone up 9% from February 2015.
The question is, How Can I Help You In This Market? Looking to buy or sell? Its a great time for both! Inventory levels are low, but what is hitting the market is going quick. (208) 850-1822.