The Ada County Association of Realtors (ACAR) just released December 2014 sales numbers. I thought the graphic provided a nice snapshot. Click on the image below to link you to the full report. Below is a quick summary.

Sales:
December sales were up by 4% from December 2013, but when you look at total sales for all of 2014 compared to total sales in 2013, they went down 2.5%.

Median Home Price:
December median home price was $214,000; up 8% from December 2013. The 2014 median home price was $210,000 which is 6% over 2013.

Inventory:
The price categories in shortest supply are homes between $100,000 to $119,000 which has a 1.3 month supply and homes between $120,000 to $159,000 have a 1.8 month supply. In December, sales in the latter category were up 17% over November sales.

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.