Treasure Valley housing market sees rise in inventory, possible leveling off
A key factor in the soaring prices has been a lack of homes coming on the market.
BOISE, Idaho — The Treasure Valley’s housing market could be approaching a tipping point.
In the past year, the median price of a single-family Ada County home decreased only twice, according to the Intermountain Multiple Listing Service’s monthly reports. From May until June of this year, it increased slightly, from $523,250 to $525,000.
The small bump comes as inventory has ticked up recently. It’s a smaller increase than most months the past year. A key factor in the soaring prices has been a lack of homes coming on the market.
The inventory in Ada…