The KEY to All Your Real Estate Needs |
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If it appears you're seeing more homes out there for sale, you would not be wrong. Inventories continued inching-up during the month of August. With this increased inventory, the median price decreased slightly while the average days on the market increased by one day from July to August.
I love the feel of fall in the air, and the anticipation of all it brings with it. This year, get into the fall spirit with a visit to a local farm. Take in a fall festival at the Lowe Family Farmstead or Linder Farms. Think of fall - think of pumpkins. How about apples? If you ever peruse the produce aisle and wonder what the difference is between the wide variety of apples - check-out the chart below.
Not familiar with the Homes for Heroes program? Learn more about it below. I'm honored to be part of this program and give back to those who give so much to our community and country.
Take Care & Be Well!
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August 2021 Market Report |
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Key Market Takeaways...
- The median sales price for homes in Ada County was $530,500 in August, down nearly $10,000 from July, although 32.2% higher than the same month last year. In Canyon County, the median was $410,500, down slightly over $4,000 from July, although 32.9% higher than the same month last year.
- While our region has faced insufficient supply compared to demand for years, the main driver of home prices over the past few years, August marked the fifth consecutive month of inventory growth. In Ada County, there were 1,124 homes available for sale, up 6.5% from July and up a tremendous 90.8% compared to August 2020. In Canyon County, there were 740 homes available for sale, up 9.4% from July and a whopping 212.2% compared to August of last year.
- These inventory gains were very encouraging, and likely prompted by higher prices. Although still low compared to what they might have been had they tracked with the historical trendline.
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August Home Inventories on the Rise
The August market saw another increase in home inventories in Ada and Canyon counties. While recent home inventories have been low, how do they compare over the past five years? Here are a couple of graphs that depict the changes.
In Ada County from August 2016 to 2019 inventories decreased by 35.6%; from 2016 to present that percentage decreased by 100%.
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In Canyon County, inventories changes were less dramatic. From August 2016 to August 2109, inventories decreased by 28.7%. From August 2016 to present, inventories decreased by 34.3% as opposed the 100% decrease in Ada County. |
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Some Fall Fun on the Farm
Have some fun this fall and make some great memories at the Lowe Family Farmstead and Linder Farms. A tradition here in the Treasure Valley, the Lowe Family Farmstead is celebrating 25-years of corn mazes. While, under new ownership, Linder Farms is preserving the past, and making new traditions. Whichever farm you choose (and why choose, visit both), embrace this fall season.
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Make your way to the Lowe Family Farmstead and take part in the 25-year celebration of people getting lost in their corn maze. Ditch your GPS and find your way the old fashioned way! The Lowe Family Farmstead offers a variety of fun activities that include:
Corn Maze * Pumpkin Patch
Hay Rides * Pony Rides * Barnyard Animals
The Candy Canon * Apple Blaster
Fire Pits * and so much more...
The Fall Farmstead fun takes places through October 30
Monday - Thursday 4:00 PM - 9:00 PM
Friday - Saturday 10:00 AM - 10:00 PM (Closed on Sunday)
Lowe Family Farmstead
2500 South Eagle Rd.
Kuna, ID 83634
To learn more visit their website at:
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The new ownership of Linder Farms continues forward with many of the fall farm traditions the community has grown to know and love. Visit Linder Farms this fall and make some memories while taking part in the following activities:
Attractions * Concessions * Festival Games
General Store * Local Vendors
Hay Wagon Rides * Evening Bonfire
The Fall Festival fun takes places through October 31
Monday - Thursday 5:00 PM - 9:00 PM
Friday 5:00 PM - 10:00 PM
Saturday 11:00 AM - 10:00 PM (Closed on Sunday)
Linder Farms
7165 S. Linder Rd.
Meridian, ID 83642
To learn more visit their website at:
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Many of us are familiar with the old saying, "an apple a day keeps the doctor away." And, while it may just be that, an "old saying" - apples are one of the most consumed fruit in the United States.
Apples remind me that fall is in the air, and of all the apple-filled treats that come with the fall season. But, navigating the various choices can be perplexing - what's the difference between them all?
The chart below ranks them from tartness to sweetness. And, while I'm sure there may be a hint of subjectivity associated with it, as well growing conditions and other variables, it may be helpful in choosing your next apple.
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Learn More About Homes for Heroes
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Homes for Heroes, Inc. was created shortly after the tragic events of 9/11 as a way to say “Thank You” to those who serve and sacrifice so much. Its mission is to provide extraordinary savings to heroes who provide extraordinary services to our nation and its communities every day.
Heroes are part of our everyday lives. They include:
Firefighters / EMS
Healthcare Professionals
Military (Active, Reserve & Veterans)
Law Enforcement
Teachers / Education Support Staff
I'm proud to be affiliated with the Homes for Heroes program. It's my privilege to work with, and give back to those who give so much to our community and country. As a Homes for Heroes affiliated agent, I give back 25% of my commission to you -- that can amount to thousands of dollars in savings! I also work with lenders and inspectors that also give back through the Homes for Heroes program. There's no catch or no cost to you.
Are YOU a Hero? Do YOU Know a Hero?
Spread the word and share the program with your HERO friends and family... what a gift you'll be giving them!
Visit the Homes for Heroes website at:
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August 2021 Circle of Giving...
We at Homes for Heroes, Treasure Valley are so proud to be part of this Circle of Giving and give back to those in our community who give so much.
In August 2021, Nationally, Homes for Heroes...
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gave back $2,113,136 Million in Hero Rewards.
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connected 5,432 People with Homes for Heroes affiliated real estate professionals.
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helped 960 Heroes save money when buying, selling or refinancing a home.
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enriched 662 Communities with Hero related real estate transactions.
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awarded $10,000 in grant money to the National Fraternal Order of Police Foundation for disaster relief.
Join the circle by sharing this email and GIVING your HERO friends and family the gift of BIG SAVINGS on the sale or purchase of a home.
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Julie Cendejas | Cendejas Group Real Estate, Keller Williams Realty Boise
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