Boise Idaho Real Estate Blog - July, 2022

Experience the Rich Heritage of Boise's Harrison Boulevard

Posted by Lisa Kohl on July 25th, 2022

The story of Boise's Harrison Boulevard has been in the making for more than 100 years.

Imagine being part of a city’s living history – taking tea in the same sunroom once used by one of Idaho’s first governors, or cooking in the same kitchen where J.R. Simplot may have had a billion-dollar epiphany about flash freezing Idaho potatoes, or walking your kids to school down a road that was once lined with the tracks of Boise’s electric trolley car.

Living on the stately, tree-lined street of Harrison Boulevard in the North End is as close as you can get to stepping back in time to Boise’s early days as a fledgling city. When viewing its eclectic homes, most of which were built between 1901 and 1942, you might not guess that the street was Boise’s…

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Price Gains Shrink as Rising Rates Throw Cold Water on Boise’s Hot Housing Market

Posted by Lisa Kohl on July 8th, 2022

Across the Treasure Valley are signs that the housing shortage is starting to ease as the supply of homes for sale rises to pre-pandemic levels.

Even as prices continue to move higher, appreciation rates (the annual change in home prices) are beginning to normalize, bringing much-needed balance to the Boise market.

Ada County’s median sale price rose 12.81% from a year earlier, and Canyon County’s rose by 4.95%.

Year-over-year price gains are down significantly from the 30%+ appreciation we saw in 2021, offering buyers some relief. Overall, it's a move to a much healthier market, putting us closer to the Treasure Valley's 5-6% long-term price appreciation average.

At the beginning of July, the total number of homes for sale rose to 2,081…

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