Build Idaho | 2020 BOISE IDAHO REAL ESTATE BLOG
How many homes were built in Boise in 2019? Main Idaho Real Estate Insights

BuidlIdaho.com tracks the pulse of the market by tracking new homes and builders. We constantly review building permits so we can find the newest communities acorss the Boise Valley. Today we took a look at just how many homes were built last year. Here is what we learned.

6,395 New Home Home Built in 2019

Here is the break down of new construction in Treasure Valley:

  2019 Building Permits 2018 Building Permits % Change
Ada County 4,340 3,964 9.49%
Canyon County 2,055 1,700 20.88%
Total 6,395 5,664 12.91%
*source: Contruction Monitor

How does new construction affect Home Values?

Threre were not enough new homes built in 2019 to meet demand and therefore prices of homes increased. Even with a 13% increase in the number of homes out of state buyers are comgin to Boise. While we know that they are looking for something better and less expensive, Boise is very appealing!

Boise, Eagle, Meridian, Kuna, Sart Home Values Summary

Boise Idaho Home Values Real Estate Report

 

Caldwell, Nampa, Middleton, Parma, Wilder Home Values Summary

Nampa Idaho Home Values Real Estate Report

Review Complete Treasure Valley Home Values Report

 
Posted by tlangford at 2/5/2020 10:49:00 PM
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Michelle Penick, Boise Idaho Real Estate Agent

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Michelle Penick

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