2009 Real Estate Guide
real estate
Home price trends in Boise, Idaho

City-by-city price comps
Boise, Idaho
The blue turf at Boise State's football stadium gets people's attention, and the cheap housing market did the same for speculators and developers the past few years. "There were large developments built on spec without necessarily having a homeowner lined up to purchase the property," says Fiserv’s David Stiff. Local Market Monitor’s forecast calls for a 9-percent decline in home prices this year.
Median price end of 2008:$168,800
Median price end of 2007:$198,000
Percent change:-14.7%
Projected change through Q3 2009:-2.0%
Affordability rating:0.7
Foreclosures in 2008:
(1 for every 42 households)
5,414
Foreclosures in 2007:
(1 for every 99 households)
2,206
Change in foreclosures:145.4%
Expected to hit bottom:Q2 2010
Percent drop needed to reach bottom:-25.2%
Current rate comparison
» Click here to view the Top 40 map.
Price trends
Q1 2008 national median price: $196,100
Q2 2008 national median price: $206,400
Q3 2008 national median price: $200,400
Q4 2008 national median price: $180,100
Q1 2008 local median price: $193,400
Q2 2008 local median price: $191,000
Q3 2008 local median price: $187,300
Q4 2008 local median price: $168,800

 Back to the 40-city chart overview.

advertisement

          Connect with us
advertisement
advertisement

Blog

Holden Lewis

Brexit means lock your mortgage rate ASAP

Lock your mortgage rate now because today's rate plunge might not last long. That's today's advice from mortgage brokers and loan officers.  ... Read more

advertisement

Connect with us