Boise Market 2023 Year End Report
Boise ID 2023 year end data shows continuing seller’s market; lower home sales and declining prices. Single family home sales declined by 22%. Average sales price was lower by 4 percent; the median price was lower by 5 percent. This data also applies to over 55 active Boise communities.
Main contributing factors: high interest rates, inflation, low inventory of available homes for sale in Boise.
Single Family Homes
Boise | 2023 | 2022 | Difference |
No. of Sales | 2901 | 3536 | -22% |
Median Price | $501,000 | $530,000 | -5% |
Average Price | $625,482 | $629,386 | +4% |
Days on Market | 34 | 23 | +11 days |
Condos & Townhomes
Boise | 2023 | 2022 | Difference |
No. of Sales | 488 | 538 | -9% |
Median Price | $380,000 | $425,000 | -11% |
Average Price | $419,389 | $474,728 | -12% |
Days on Market | 40 | 23 | +17 days |
Every market is different. If you’d like to find out what your home is worth in today’s market contact Krystyna Ryan at (208)918-5007 or click below to get a price range.
Boise ID 2023 Year End Report