The real estate market in East Idaho continues to change as all markets do.  While the market was relatively flat when comparing the 1st quarter of 2014 to the same period in 2013 the 2nd quarter saw a slight lull.  I don't think the slump in the 2nd quarter is anything to be concerned about there are still plenty of reasons to buy or sell in this market.   In some instances I think the reason for the slump is due to a lack of inventory.  This is evident in the Madison County (Rexburg) market, little inventory in certain price ranges has led to buyers looking in bordering counties like Jefferson which had a healthy bump of 12%.  Interest rates are still very low and it is a great time to buy. 

If you are a seller and considering putting your home on the market, now may be the time to do so.  Low inventory could mean getting a higher price out of your home. 

Bank owned inventory continues to shrink as the market as a whole improves to a healthier level.

Click here for a printable version of the table below.