In 2024, the Boise Investment market experienced a moderate slowdown compared to the previous year. Total transaction volume decreased by 16 percent, falling from $574 million in 2023 to $482 million in 2024. In addition, number of deals also declined year-over-year by 5 percent. The office sector was particularly impacted, with the number of deals down by over 50 percent from 2023. Despite a decrease in transaction volume, the multifamily sector still led the market in sales volume, recording over $162 million in 2024.
Transaction volume is down 16% compared to 2023, marking the lowest level seen since 2016. The multifamily sector accounted for over 34% of sales volume.