Ada County home prices continue to rise

 

In July, the median price for a house in Ada County was about $354,000, according to the Intermountain Multiple Listing Service.

The price has gone up by $1,000 since then.

August saw a new high at $355,000. That’s 6.6 percent more than the same month last year.

CBS 2 News reports, this isn’t the only year prices have gone up. Ada County has seen new record high median sales prices every year since August 2016.

This may be because there are more home buyers than homes for sale. Home buying usually increases during the summer, which drives prices up during June, July, and August.

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