The first 3 months of the year saw a reduction in same month sales; April changed that trend. Even though we had 74% fewer properties available, we sold 14% more units in April 2021 than we did in April 2020. Pending contracts – contracts that are executed but not yet closed – were also up […]
March Numbers Just In — A Time to Sell?
Updating the monthly statistics from the Intermountain Multiple Listing Service used to just be a rote task composed of low-energy/low thought data entry. But over the last several months, this has actually been an exciting reveal to which we look forward! The first quarter of 2021 has surprised buyers, sellers and even the agents and […]
The 2020 Ada County Housing Report – Group One Sotheby’s International Realty
This is our annual report on the Ada County housing market. You may find that other sources report slightly different results. Our source is the Intermountain Multiple Listing Service and we follow all the major housing choices available to buyers including single family detached housing with up to 2 acres of land, townhouses and condominiums. […]
2020 Real Estate Market in Review
(Taken from the Boise Regional Realtors December 2020 Market Report) “The year started strong with January 2020 sales 21.5% higher than in January 2019 but began to taper off in February and March as the uncertainties of the pandemic made their way to our local market. In April and May, when our spring market typically begins to ramp up, sales activity dropped by 19.5% and 29.7%, respectively, because of the government-mandated shutdowns and restrictions. […]
New Exemption Benefits Homeowners Sooner
Property owners in Ada County help support a myriad of services. You’ll notice line items on you annual assessment for emergency medical, ACHD, College of Western Idaho, mosquito abatement. On your primary residence you are eligible for a “homeowner exemption” for your property taxes. According to the county assessor this “allows 50% percent of the […]
Sellers Rejoice: Monthly Stats Continue to Impress
Each month, the Boise Regional Realtors releases stats for all areas of Ada County. Since last summer, the rising prices and decreasing number of listings throughout the Treasure Valley have been both revealing and fascinating. To say that we are experiencing a “strong seller market” is an understatement! According to October statistics, the median days […]
Here For You: Key Elements in Selecting Your Buyer Agent
Don’t take for granted the role your agent will play in one of the most significant purchases of your life. In this video, the Pettitt Group’s Chris Fuhrman and Emily Shultz explain what a buyer’s agent is and why you need one!