Given the time of year, it’s normal to have fewer Boise homes for sale.
As of this morning, we have 2,195 homes for sale in all of Ada County.
That contrasts to 2,950 homes for sale at the end of August (our highest inventory of 2014), representing a 25.6% decrease in our listing inventory since the peak.
Further analysis reveals that 605 of these homes are “To Be Built” or “Under Construction”, meaning that they do not yet exist.
That leaves just 1,590 existing homes for sale in Ada County, spread across 17 MLS areas.
Finding the right home for a buyer, after screening listings for a buyer’s needs, wants, likes, and dislikes becomes impossible in some instances.
This meager supply of listing inventory also creates multiple offer situations for desirable properties.
I have recently represented several buyers who lost properties in multiple offer situations because they offered less than the asking price.
Data pertains to Ada County single-family homes on lot or acreage.
Data does not include condo or townhome properties.