Boise, Idaho, Area Market Report for October, 2020

Page 1

October 2020

Market report Boise, Idaho

And the surrounding communities Š2020 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.


Market snapshot

October 2020

Ada county

$407K MEDIAN SALES PRICE

20 Days on market

443

ACTIVE LISTING INVENTORY

1112

Closed Sales

canyon county

$323K MEDIAN SALES PRICE

19 Days on market

191

ACTIVE LISTING INVENTORY

October 2020 as compared to October 2019. Information pulled on 11/12/2020 The information herein is taken from Intermountain Multiple Listing Service and is deemed reliable but is not guaranteed and should be independently verified.

530

Closed Sales


monthly median SALES PRICE comparison October 2019/2020 / ada county Total shown in $Thousands. Information pulled on 11/12/2020

$500

2019

2020

$400

$300

$200

$100

$0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 3

Report last modified on Friday, November 13, 2020


monthly median SALES PRICE comparison October 2019/2020 / canyon county Total shown in $Thousands. Information pulled on 11/12/2020

$400

2019

2020

$350 $300 $250 $200 $150 $100 $50 $0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 4

Report last modified on Friday, November 13, 2020


ACTIVE RESIDENTIAL LISTINGS October 2020 / ada county Information pulled on 11/12/2020

2500 2017

2018

2019

2020

2000

1500

1000

500

0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 5

Report last modified on Friday, November 13, 2020


ACTIVE RESIDENTIAL LISTINGS October 2020 / canyon county Information pulled on 11/12/2020

1000 2017

900

2018

2019

2020

800 700 600 500 400 300 200 100 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 6

Report last modified on Friday, November 13, 2020


October 2020

ACTIVE LISTINGS BY PRICE RANGE $400-$499 40%

October 2020 / ada county Information pulled on 11/12/2020

PRICE RANGE

#

$200-$249,999

1

$250-$299,999

8

$300,000-$399,999

64

$400,000-$499,999

191

$500,000-$699,999

102

$700-$999,999

56

$1,000,000+

59

TOTAL

481

TREASURE VALLEY monthly report | 7

$300-$399 13%

$250-$299 2% $500-$699 21%

$200-$249 0%

$1,000,000+ 12%

$700-$999 12%

Report last modified on Friday, November 13, 2020


October 2020

ACTIVE LISTINGS BY PRICE RANGE October 2020 / canyon county Information pulled on 11/12/2020

PRICE RANGE

#

$160-$199,999

5

$200,000-$249,999

7

$250,000-$299,999

22

$300,000-$399,999

54

$400,000-$499,999

67

$500,000-$699,999

28

TOTAL

183

$300-$399 29%

$250-$299 12%

$200-$249 4%

$400-$499 37% $160-$199 3%

$500-$699 15%

TREASURE VALLEY monthly report | 8

Report last modified on Friday, November 13, 2020


RESIDENTIAL CLOSED SALES October 2020 / ada county Information pulled on 11/12/2020

1600

2017

2018

2019

2020

1400 1200 1000 800 600 400 200 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 9

Report last modified on Friday, November 13, 2020


RESIDENTIAL CLOSED SALES October 2020 / canyon county Information pulled on 11/12/2020

700

2017

2018

2019

2020

600 500 400 300 200 100 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

October 2020

TREASURE VALLEY monthly report | 1 0

Report last modified on Friday, November 13, 2020


October 2020

SOLD LISTINGS BY PRICE RANGE October 2020 / ada county Information pulled on 11/12/2020

PRICE RANGE

#

$200,000-$249,999

10

$250,000-$299,999

84

$300,000-$399,999

454

$400,000-$499,999

268

$500,000-$699,999

244

$700,000-$999,999

71

$1,000,000+

48

TOTAL

1179

$300-$399 38%

$400-$499 23%

$250-$299 7%

$200-$249 1%

$1,000,000+ 4%

$700-$999 6%

TREASURE VALLEY monthly report | 1 1

$500-$699 21%

Report last modified on Friday, November 13, 2020


October 2020

SOLD LISTINGS BY PRICE RANGE October 2020 / CANYON county

$250-$299 27%

Information pulled on 11/12/2020

PRICE RANGE

#

$160,000-$199,999

13

$200,000-$249,999

71

$250,000-$299,999

145

$300,000-$399,999

192

$400,000-$499,999

73

$500,000-$699,999

44

TOTAL

538

$200-$249 13%

$160-$199 2%

$300-$399 36% $500-$699 8% $400-$499 14%

TREASURE VALLEY monthly report | 1 2

Report last modified on Friday, November 13, 2020


RESIDENTIAL CLOSED SALES RESALE VS NEW CONSTRUCTION / ADA COUNTY Information pulled on 11/12/2020

1300

Re-Sale

1200

New

1100 822

1000

700

714

704

800

724

900

600

300

307

266

243

400

360

500

200 100 0

2017

2018

2019

2020

October 2020

TREASURE VALLEY monthly report | 1 3

Report last modified on Friday, November 13, 2020


RESIDENTIAL CLOSED SALES RESALE VS NEW CONSTRUCTION / canyon COUNTY Information pulled on 11/12/2020

1000

Re-Sale

900

New

800 700 600 383

327

329

400

352

500

137

100 2017

78

79

200

0

176

300

2018

2019

2020

October 2020

TREASURE VALLEY monthly report | 1 4

Report last modified on Friday, November 13, 2020


ANNUAL AVERAGE INTEREST RATES 30-YEAR FIXED MORTGAGE Boise, ID Rates compiled from Freddie Mac’s U.S. weekly average.

5.00% 4.50%

4.45%

4.00%

3.66%

3.98%

4.54%

4.25% 3.85%

3.65%

3.99%

3.94%

3.50%

3.18%

3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00%

2011

2012

TREASURE VALLEY monthly report | 1 5

2013

2014

2015

2016

2017

2018

2019

2020

Report last modified on Friday, November 13, 2020


Market report Boise, idaho And surrounding communities In ada and canyon counties October 2020

CBboise.COM The information herein is taken from Intermountain Multiple Listing Service and is deemed reliable but is not guaranteed and should be independently verified. Š2020 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.


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