MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Gem County, Idaho.
According to the latest data, Gem County’s Median Sale Price was pegged at $350,000, showing a decrease of 23.4% from the preceding month and a drop of 38.1% from the year before.
15 homes were sold, a decrease 25.0% from the previous month and a decrease of 40.0% from the prior year.
Homes remained on the market for a median of 32 days, which is down 24 days from the month before and down 45 days from the previous year.
Gem County’s Market Pulse Score currently stands at 90 indicating a falling trend for the market.
For more information about the Gem County, Idaho market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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