June 2025 Boise Resale Market Update

Welcome to your June 2025 Boise resale market update. As always, this report focuses exclusively on existing homes in Boise’s established neighborhoods—no new construction data is included.

There’s been a lot of chatter about a market slowdown, and while that may be true for new construction and some outlying areas, we’re not seeing that in Boise’s core neighborhoods.

Last month, we reported a surge in buyer activity from mid-April to mid-May. That momentum has carried through to mid-June, with pending sales over the past four weeks running above average compared to the same period in the past three years. It’s been a great stretch for home sellers, and we’re seeing strong activity across our listings at The Boise Group.

What’s particularly notable right now is the increase in new listings. More sellers are entering the market than we’ve seen in recent years—listing counts by week are significantly higher than in 2022, 2023, and 2024.

When we zoom out further and compare to pre-pandemic years like 2019, 2020, and 2021, 2025’s listing volume looks more aligned with those higher-activity periods. For several years, we’ve been in a market constrained by low seller activity. This recent influx of new listings is giving buyers more options, and it’s helping to sustain strong pending numbers.

Whether this pace of new listings will continue remains to be seen. We’ve had a noticeable uptick in seller inquiries, and our July listing inventory will exceed what we brought to market in July 2024. Will the broader market mirror that trend? We’ll be watching closely.

One last data point worth noting: the original-to-sold price ratio. For homes closing so far in June 2025, the average is 98.2%—a bit lower than the past two years, likely due to selective price reductions and buyer negotiations. Still, this is a solid number and not indicative of any market distress. All signs point to a stable, healthy market.

In short, June has been strong. The biggest shift this month is the increase in inventory. Whether the market can fully absorb that added supply—or whether we’ll see pressure on prices—remains the question.

As we move into July, all eyes will be on whether buyer activity keeps pace with this higher-than-usual level of new listings. So far, pending sales have been steady—but not surging. This dynamic could shift market conditions slightly in favor of buyers, especially for properties that aren’t priced or presented thoughtfully.

For sellers, the takeaway is that strategy matters more now than it did even a few months ago. With more homes hitting the market, standout pricing, staging, and marketing are key to securing top dollar. For buyers, the increase in inventory is a welcome shift—there’s more to choose from, and in some cases, more room to negotiate.

This is what a healthy market looks like: active, balanced, and dynamic. We’ll keep watching the data closely and will be back next month with fresh insights.