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Average % of
New Listings (Pending)
in the First 30 Days
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Increased inventory and favorable interest rates in the upper threes are here - just in time for the summer. The local market is sizzling, with an extreme shortage of unsold inventory, as well as an extreme frenzy level of sales activity for listings up to $350,000. From $350,000 to 750,000 there is a severe shortage of unsold inventory. Sales activity intensity from $350,000 to 500,000 is at a frenzy level, and a surge level from $500,000 to 750,000.
During the summer months, we see the highest number of homes go under contract on a monthly basis.
3.94%
We’re in the midst of the four prime months in the year for buyer activity. To ensure your home sells at the best price possible, just remember the Five Rights Make a Sale formula. This means house right, yard right, price right, marketing right and the right listing broker associate.
Five Rights Make a Sale
78%
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Five Rights Make a Sale
30%
Boise Housing Update - Resale Only
April list 2019
5
Buyers Rejoice at Lower Rates
3
2
Amazing Interest Rates
SCALE: MONTHS SUPPLY
Normal
Source: Mortgage News Daily
Key Market Indicators – May Recap
4
Current
We’re in the midst of the four prime months in the year for buyer activity. To ensure your home sells at the best price possible, just remember the Five Rights Make a Sale formula. This means house right, yard right, price right, marketing right and the right listing broker associate.
