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ACAR Housing Stats for June 2015

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Although well within the thick of summer, Ada County Association of Realtors continues to report positive looking numbers for June 2015. In terms of homes sold, June saw a nearly 14% increase in sales when compared to May (1023 versus 901). Available inventory fell slightly to 2.5 months, a continually promising trend for the Boise market. June’s Median price saw little variance from May at $230,000. The biggest change seen in the basic stats from May to June was Number of Days on Market. May logged 49, while June held only 42. Here’s the quick glance at the June statistics:

• 1023 Homes Sold in June 2015
• $230,000 was the Median Price
• 2.5 Months of Available Inventory
• 42 was the Average Number of Days on Market

ACAR housing stats for May 2015

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According to the Ada County Association of Realtors, May 2015 was no exception to the typical pattern of an up-tempo housing market in the summer. In fact, the number of homes sold in May increased to 901 from April’s 803. May logged 2.6 Months of Available Inventory, an additional indicator of the lively market. Median price was reported at $229,000, and the Average number of Days on Market was 49, a very small change from April. Here is a quick look at May 2015’s statistics:

• 901 Homes sold in May 2015
• $229,000 was the Median Price
• 2.6 Months of Available Inventory
• 49 was the Average number of Days on Market

ACAR housing stats for April 2015

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With warmer temperatures come a more active housing market according to April’s statistics. Following the strong three-month trend in increased sales, homes sold jumped from 694 in March to 803 in April. Although there has been a steady decrease in number of days on the market, April saw the largest drop of the year: 65 to 50. Also following expected patterns, the Available Inventory decreased to 2.9 months. Median price saw a fluctuation on the lower end, as the price dropped to $216,200. Here is the brief overview of April’s statistics:

• 803 Homes sold in April 2015
• $216,200 was the Median Price
• 2.9 Months of Available Inventory
• 50 was the Average Number of Days on Market

ACAR housing stats for March 2015

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Recently released statistics for March 2015 show consistency with previous years’ trend of the market picking up pace in the spring. Homes sold jumped from 507 in February to 694 in March (that’s an almost 37% increase!). Further evidence of the increasingly active market is the three-month trend of dropping Available Inventory. March saw a decrease from 3.8 months to 3.1 months. In a year-to-year comparison, the total homes sold Year to Date is up by almost 200 sales from 2014. Here is the summary of March 2015’s statistics:

• 694 Homes sold in March 2015
• $222,000 was the Median Price
• 3.1 months of Available Inventory
• 65 was the Average Days on the Market

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