Ada County Home Inventory – How has it changed in 6 Years?

Let’s take a quick glance of the available inventory of single-family homes in Ada County Idaho.

The absorption rate is calculated by taking the average number of homes sold per month, from a YTD total and dividing that number into the current number of homes available for sale now.

  • December 1, 2005     1.51 months of supply
  • December 1, 2006     4.9 months of supply
  • December 1, 2007     8.22 months of supply
  • December 1, 2008     10.61 months of supply
  • December 1, 2009     8.16 months of supply
  • December 1, 2010     6.52 months of supply

As you might recall, in 2005 & 2006, sellers were often times receiving multiple offers to buy their home and buyers would bid upwards of the asking price!

In 2008, times were tougher & it was difficult to sell homes.  Now, we are reaching a supply of homes that should encourage buyers to get off the fence and take advantage of the Buying Tri-Fecta


1.     Excellent inventory and lots of choices!

2.     Lowest prices since 2002!

3.     Amazing interest rates! A 1% drop in rate is equivalent of a 10% drop in price!


Now is a great time to buy Homes in Boise and Ada County Real Estate