Why Is Now a Great Time to Sell Your Bonneville County Home?

Idaho Falls Real Estate Video Blog with Shawn Anderson

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 [phone] for a FREE home buying or selling consultation to answer any of your real estate questions.

Every year at this time, we begin to see the inventory start to balloon a little bit as sales start to slow down. However, our inventory is currently nearing all-time lows. There are only 479 houses for sale in Bonneville County, which is the lowest I've seen since I started in real estate. Right now, if no other homes came on the market, every available home would sell in only 2.9 months!

There are buyers out there who are still buying, even though it's cold. The holiday season isn't stopping buyers from putting offers in on our listings, so now is not a bad time to put your home on the market.

We've noticed a few trends recently we think you should know about. Since this same quarter last year, we've seen a 55% increase in the number of units under contract. In this last quarter in Bonneville County, 90 homes went under contract, as opposed to only 58 last year. The median home price has also jumped this year, from $163,000 last year to $172,500 right now.

Adding to these promising numbers is the fact that appreciation is at a healthy 6-7% for this year!


If you would like to take advantage of these fantastic market conditions, or if you need real estate assistance of any kind, please don't hesitate to reach out to us. We would love to give you a hand in anyway possible.