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With inventory low, Canyon County homes prices increase

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Posted: Tuesday, February 19, 2013 12:03 am

CANYON COUNTY — Potential homebuyers in Canyon County can expect a tight market and rising prices, Patti Syme, president of Nampa Association of Realtors, said.

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Welcome to the discussion.

2 comments:

  • broncop3t3 posted at 9:28 am on Tue, Feb 19, 2013.

    broncop3t3 Posts: 100

    That's not quite true. There are 294 homes under $100,000 available in Ada & Canyon counties. That's per the properties listed by real estate agents. That is not nearly as many as there have been in the past. The market is changing for the better.

     
  • mrwizard posted at 8:39 am on Tue, Feb 19, 2013.

    mrwizard Posts: 98

    If one screens out all but properties being offered for under $100,000, it really skews the data. There are over 2500 properties listed for sale in Canyon and Ada Counties right now, and that does not include the ones being held back by financial institutions in hopes of higher prices later. During the the irrational boom times, there were normally 8-10,000 properties for sale at any time, and those properties would magically reappear if prices rise.

    There is no shortage of available homes for sale--there is still a glut.

     
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