Housing Price Categories in Demand in Ada County, Idaho

As the market takes an upward turn to some of the best days we have seen in over 5 years, certain price categories are more sought after more than others to potential buyers. In demand price categories are something to consider if you have been trying to decide when to sell your house.

As the inventory of available homes in desirable price ranges remains slim, the demand for good homes in these price ranges remains high.  This makes listings very desirable. The most sought after price range is less than $120,000.  This price range still has a short supply of available homes in Ada County and therefore has more demand than supply.

The next most popular sales category is homes selling between $120,000 and $160,000, which accounted for almost 25% of all sales in March. Under $120,000 account for about 30% of all March sales in Ada County, Idaho. As you can see, over 50% of all March sales were of homes selling for $160,000 and under.

The more-demand-than-supply issue means that most sellers, especially those with houses listed below $120,000, are more likely to receive competing offers from potential homebuyers.  This can be good news for the sellers if they are lucky to have competing offers made on their house.

As a homeowner deciding whether you are ready to sell, you may find that now is finally the time to list your house. Especially if you are listing your house between $100,000 and $160,000, now may be a great time to list your house in Ada County, Idaho and get ready for some great offers.

Short Sale Homes for sale provided by IDX/IMLS in Ada county, Idaho between $100,000 and $160,000.  These listings are up dated daily Monday through Friday early each morning.