Are you tired of being a landlord? 'Yes!' is an answer we hear all the time, especially from owners who are feeling the strain of maintenance, tenant turnover, rising costs, or just the day-to-day responsibilities of managing a rental.
A common follow-up question is: ‘What’s going on in the Boise market right now and is this a good time to sell an investment property?’
What We're Currently Seeing in Boise's Real Estate Market
Market Trends
Active listings have increased over the past year, but inventory is still low enough that well-priced properties continue to stand out.
Historical Sold Prices
Average sold prices have remained fairly steady over the last year or so, which gives sellers a more stable picture of the market.
Offers
Properties that are priced correctly and in good condition are sometimes receiving multiple offers, which can mean stronger terms and better returns for sellers.
What does this mean for you?
If the thought of stepping away from landlord responsibilities has crossed your mind, this may be a great time to explore your options. The combination of steady pricing and limited competition can work in your favor.
How we can help
We understand the specific complexities of selling investment properties.
If you would like insight into your property’s value or want to talk through the process, we are here whenever you are ready!
