Local Real Estate Market

Real Estate Today

1. Home sale prices in Ada County are at 2004 levels.
2. December 2008 average sales price in Ada County was $216,200.
3. Current interest rates are about 5%.
4. Average interest rate 2000-2008 was 6.4%

Buyers are currently getting more house for less cost and lower monthly payments!! The current market is very competitive for sellers, but homes are selling and we are seeing an increase in real estate activity as the new year rolls along.