There are many great Idaho Falls area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (208) 227-5357 for a FREE home buying or selling consultation to answer any of your real estate questions.
The Idaho Falls marketplace is unlike anything I've seen in my 8 years in real estate. For most of my career, it was a buyer's market because values were dropping through the floor. It was tough for homeowners and agents alike, as the market hit rock bottom.
In the last few years, the market has made a comeback in a big way. Finally, we're starting to see symptoms of a seller's market! We've recently dropped below five months of inventory in our area, which is great news for people who are looking to sell their homes. There are currently 573 homes on the market in Bonneville County and we're averaging 113 sales a month. If we continue to sell at this rate and no other homes come on the market, we'll be out of inventory in a matter of 4.9 months!
Homes are selling closer to asking price and we're seeing multiple offers on many listings. Prices are rising and we expect them to continue to do so moving forward. Now would be a great time to get top dollar for your home, sell it quickly, and lock in a low interest rate on your next home!
If you have any questions about market conditions in your area, or if you would like real estate assistance of any kind, give us a call or shoot us a quick email! We would love to send you over some of the more detailed numbers and chat about your particular situation.
We look forward to hearing from you!
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