The median price of a house in Ada County zoomed up nearly $46,000 in just one year. That’s a 14.5% increase, according to the Boise Regional Realtors.
The real estate agents’ trade group tracks sales data each month.
BoiseDev reports, the median sale price of a house stood at $363,000 in January. The stat is a new record high for Ada Co.
The realtors said the sale of newly-built homes helped push the median up.
The median price for homes resold also remained high – up 18.7% to $340,000.
Zillow measures the broader Boise metro area, and shows home values in Boise bottomed out at $148,000 in February 2012. In the eight years since, values have more than doubled – up 123% to $331,000 as of this month.
Read more about the story from BoiseDev.com HERE.
