“Demand has been high, but we’re down to a record-low number of homes for sale, which has created a complete storm of insanity,” said Boise Redfin agent Kristin Lopez. “The majority of my recent buyers have been people moving here from out of state: California, Washington and Oregon. I’ve done 10 sight-unseen offers for these buyers in just the past couple of months. They are purchasing primary residences and are moving here to stay.”
Home Sale Prices up 12%, Hit Another New High
Pending Sales Up 21% From a Year Earlier
New Listings of Homes Up 7% from Last Year
Active Listings of Homes For Sale Down 28% From 2019
47% of Pending Sales Under Contract Within Two Weeks
Sale-to-List Price Ratio Climbed to 99.2%