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Boise Housing Prices See Modest Decline as Market Begins to Normalize
Rezul News/10708719
BOISE, Idaho - Rezul -- After several years of rapid home price appreciation, the Boise housing market is showing signs of stabilization. According to the latest data from Boise Regional REALTORS®, the median sales price in Ada County has decreased by 3.8% year-over-year, now sitting at approximately $521,000. This adjustment signals a shift toward a more balanced and sustainable market environment.
Several factors are contributing to this cooling trend, including a rise in mortgage interest rates and an increase in available housing inventory, which is up 18% compared to the same time last year. Homes are also spending more time on the market, with the current average days on market rising to 37—giving buyers more time and flexibility in the decision-making process.
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Local real estate experts at Abmont Realty Group, headquartered in Eagle, emphasize that this is not a market crash but rather a healthy correction. "This gives buyers a real chance to find a home without the pressure of bidding wars," said Denise Abmont, co-founder of Abmont Realty Group. "For sellers, accurate pricing and a strong marketing strategy are now essential to stand out."
Abmont Realty Group specializes in helping buyers and sellers navigate the real estate landscape across Boise, Meridian, Eagle, and the broader Treasure Valley. With deep local expertise and a commitment to client success, the team continues to guide homeowners through the evolving market with confidence and clarity.
To learn more or schedule a personalized consultation, contact Abmont Realty Group at 208-789-4320 or visit www.abmontrealtygroup.com.
Several factors are contributing to this cooling trend, including a rise in mortgage interest rates and an increase in available housing inventory, which is up 18% compared to the same time last year. Homes are also spending more time on the market, with the current average days on market rising to 37—giving buyers more time and flexibility in the decision-making process.
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Local real estate experts at Abmont Realty Group, headquartered in Eagle, emphasize that this is not a market crash but rather a healthy correction. "This gives buyers a real chance to find a home without the pressure of bidding wars," said Denise Abmont, co-founder of Abmont Realty Group. "For sellers, accurate pricing and a strong marketing strategy are now essential to stand out."
Abmont Realty Group specializes in helping buyers and sellers navigate the real estate landscape across Boise, Meridian, Eagle, and the broader Treasure Valley. With deep local expertise and a commitment to client success, the team continues to guide homeowners through the evolving market with confidence and clarity.
To learn more or schedule a personalized consultation, contact Abmont Realty Group at 208-789-4320 or visit www.abmontrealtygroup.com.
Media Contact
brooklyn@abmontrealty.com
brooklyn@abmontrealty.com
Source: Abmont Realty Group
Filed Under: Real Estate
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