Each month, the Boise Regional Realtors releases stats for all areas of Ada County. Since last summer, the rising prices and decreasing number of listings throughout the Treasure Valley have been both revealing and fascinating.
To say that we are experiencing a “strong seller market” is an understatement! According to October statistics, the median days on market is 20 days and the median list price is up nearly 15% since last year.
In a traditional, steady, market, home owners can count on 3% annual appreciation in Ada County. Using one of our favorite neighborhoods as an example, let’s look at what has happened on the Bench (area 400 in real estate terms) over the past year.
The Bench is considered an older part of Boise,…
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