Parma, ID Home Values
November 2015 Parma Median Home Price: $370,000
Parma home values continue to rise in 2015 compared to 2014. Comparing each year through November, the average sale price rose 9.34% from $360,425 to $394,077. This month, the median price of a home sold in the Parma area was $370,000. Existing Homes
Year to date through November, the average sale price rose 8.46% from $338,326 to $366,952 for existing homes. New Construction
Year to date through November, the average sale price for new construction homes rose 11.56% from $395,542 to $441,281. November 2015 Inventory: 3.58 Months
November brought no relief for Parma home buyer's trying to compete in a crowded market. Home sales declined, but the inventory of homes put on the market couldn’t keep up with demand. 65 homes were sold last month. November inventory declined to 3.58 months. A six-month inventory generally indicates a balanced market, and a number below indicates a seller’s market. Total days on market decreased from 31 days to 23 days. Active residential listings numbered 233 at the end of the month. |
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Home Values in Parma Idaho
Median Days on Market
Months Supply of Inventory
Ever wonder, "what is my house worth?" Browse or search for Parma, Idaho homes sales in your neighborhood. Parma home values are calculated from sold prices and Idaho real estate information. While these estimates can help planning a real estate purchase or sale, you should always consult with a Parma, ID real estate agent or house appraisal specialist. Sales taken from Intermountain MLS on 12/7/2015 and pertains to Parma, Idaho single-family homes. Does not include condominiums or townhouses.