The housing market in Ada County has been quite the roller coaster ride.
Numbers from the Boise Regional Realtors said the August median home price was $565,000, which is down from the highest peak set back in May of about $600,000.
The median home price is down over 4% from July, but up over 6% compared to August 2021.
But with sales and prices dropping, it’s hard to know if, when and how that trend will end.
Realtors say, if you are a seller right now, homes will sit on the market longer – instead of selling with hours of going on the market.