April 2022
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$595,000
$476,500
Up 23.9% year over year Up 3.5% over last month
Up 20.3% year over year Up 5.2% over last month
Active Listing Inventory
Active Listing Inventory
991
596
Up 170.0% year over year Up 65.5% over last month
Up 97.4% year over year Up 40.3% over last month
Average Days On Market
Average Days On Market
16
19
Up 23.1% year over year Down 20.0% over last month
Up 46.2% year over year Down 24.0% over last month
Closed Sales
Closed Sales
815
496
Down 17.0% year over year Up 0.4% over last month
Down 1.2% year over year Down 8.9% over last month
Treasure Valley Market Report | April 2022
Monthly Median Sales Price Comparison April 2021/2022 – total $ shown in thousands
ADA COUNTY
$700
2021
2022
$600 $500 $400 $300 $200 $100 $0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY $500
2021
2022
$450 $400 $350 $300 $250 $200 $150 $100 $50 $0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | April 2022
3
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | April 2022
868
950
850
750
484
495
550
550
567
568
610
650
404
450
350 Boise
4
Eagle
Treasure Valley Market Report | April 2022
Meridian
Kuna
Star
Nampa
Caldwell Middleton
Active Residential Listings April 2022, month/year comparison
ADA COUNTY 2000 2019
1800
2020
2021
2022
1600 1400 1200 1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 1000 2019
900
2020
2021
2022
800 700 600 500 400 300 200 100 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | April 2022
5
Active Listings by Price Range April 2022
ADA COUNTY $500-$699 33%
$400-$499 14%
$700-$999 27% $300-$399 2%
$1,000,000+ 24%
6
Treasure Valley Market Report | April 2022
Active Listings by Price Range April 2022
CANYON COUNTY $400-$499 33% $500-$699 36%
$300-$399 6%
$250-$299 1%
$1000000+ 11%
$700-$999 13%
Treasure Valley Market Report | April 2022
7
Residential Closed Sales April 2022
ADA COUNTY 2019
1600
2020
2021
2022
1400 1200 1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 2019
2020
2021
2022
700 600 500 400 300 200 100 0 JAN
8
FEB
MAR
Treasure Valley Market Report | April 2022
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
#GuidingYouHome
Treasure Valley Market Report | April 2022
9
Sold Listings by Price Range April 2022
ADA COUNTY $500-$699 39%
$400-$499 24%
$300-$399 4%
$1,000,000+ 11%
10
Treasure Valley Market Report | April 2022
$700-$999 22%
Sold Listings by Price Range April 2022
CANYON COUNTY $300-$399 26%
$400-$499 19%
$250-$299 16%
$1,000,000+ 3% $700-$999 7%
$500-$699 29%
Treasure Valley Market Report | April 2022
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | April 2022
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000 900 588
521
612
700
665
800 600
229
300
270
400
296
334
500
200 100 0 2019
2020
2021
2022
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600
190
166
119
200
190
300
302
328
317
400
331
500
100 0 2019
12
Treasure Valley Market Report | April 2022
2020
2021
2022
Every home tells a story. Let us help you create yours. Treasure Valley Market Report | April 2022
13
Annual Average Interest Rates 30-year fixed mortgage
2022
4.15%
2021
2.95%
2020
3.11%
2019
3.94%
2018
4.54%
2017
3.99%
2016
3.65%
2015
3.85%
2014
4.24%
2013
0.00%
14
3.98% 0.50%
1.00%
Treasure Valley Market Report | April 2022
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | April 2022
15