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Ada County Real Estate Report

The Ada County Association of Realtors just released their 2015 real estate report. Below are some highlights.

  • The National Association of Realtors (NAR) ranked Idaho as #2 in the country for job growth, up 3.2% year-over-year.
  • Idaho was 4th in the nation for price appreciation last year -- up 8.5% from 2014.
  • Overall, Idaho's price appreciation is expected to stabilize and we'll see more of a historic average of about 3.9% price appreciation in 2016.
  • Domestic migration from neighboring states -- especially California -- should continue in 2016.
  • Low inventory coupled with population growth is driving prices and demand.

2015 Residential Real Estate Market Report for Ada County
Provided by the Ada County Association of REALTORS® (ACAR)
Based primarily on data from the Intermountain MLS (IMLS)
January 2016

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Boise Subdivision and Foothills

Tony Drost, President, First Rate Property Management, Inc.
Tony Drost, President
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho.

Tony Drost
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