Real Estate In Boise Idaho

I get ask the question about how's Real Estate in Boise Idaho doing all the time. It's one of the most searched key phares for people looking for Real Estate in Boise Idaho. As far as how Boise Real Estate is doing well, I've been here since 1961 and Boise just continues to grow along with the other nearby communites. Meridian, Eagle, Nampa, Kuna, Caldwell, Middleton, Emmett, and other communites as far away as 60-70 miles are feeling the growth of the Real Estate in Boise Idaho. Boise is in Ada County, Idaho and the Median price of a home in Ada County as of the end of March 2008 is $210,000. The Average price of a homes in Boise, Ada County as of the end of March 2008 is $242,892. You might ask what's the difference between Median and Average? Median is the point at which exactly half of the data are above and half below. Example, the numbers 1,4,7, 12, 17. The Median is 7, you have two numbers lower and two numbers higher. Average is all the numbers added together and divided by the number of numbers. Example, we'll use the same numbers, 1, 4, 7, 12, 17. We'll say that we sold houses at that price, (yes, I know only in our dreams). So, we total them up, 1 + 4 + 7 + 12 + 17 = 41 and divide by 5 houses and the Average price would be 8.2. So as you can see the Median price and Average price of a home could vary a lot! I hope that helps you understand more about Real Estate in Boise Idaho and when Median and Average prices are talked about.

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