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Treasure Valley Real Estate- What's next?
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Share your insights, forecasts and opinions.

The MLS listings increased dramatically over the past four months, building permits peaked a year ago and have been trending downward since (Read Treasure Valley Market Reports). For the first time, buyers are offering sellers much less than the asking price and rumors of builders offering discounts reveal that our market is more in line with the national market but where is the market headed?

Check out our Cost  Analysis of sales prices and price per square foot for new vs existing homes by quarter since 2005.
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MLS Area Costs.jpg

Posted by tlangford at 8/13/2006 6:44 AM Permalink | Trackback
Comments (1)
Re:Treasure Valley Real Estate- What's next?
My wife and I sold our home in Nampa in June and have been shopping the Meridian area for the past two months. We have seen many homes in that time span that have dropped anywhere from $5,000 to $20,000 from their original asking prices. It seems that previously owned homes have had more of an adjustment downwards than new construction.
Posted by Anonymous on 8/15/2006 11:37 AM
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