Treasure Valley Market Report April 2023

Page 1

2023 Ada&Canyon MarketReport MonthlyMarketReportforAda&CanyonCounty county April 2023

MARKET SNAPSHOT

ADA COUNTY

Median Sales Price

$517,50 0

Down 13.3% year over year Up 7 % over last month

Active Listing Inventory

1,163 Up 17.4% year over year Up 2.5% over last month

Average Days On Market

55 Up 243.8% year over year Down 23.6% over last month

Closed Sales

645

CANYON COUNTY

Median Sales Price

$389,990

Down 18.2% year over year Down 1.2% over last month

Active Listing Inventory

654 Up 9.7% year over year Down 2.8 % over last month

Average Days On Market

68 Up 257.9% year over year Down 15% over last month

373 Closed Sales

April 2022/2023 – total $ shown in thousands 3 $0 $100 $200 $300 $400 $500 $600 $700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN 2022 2023
$0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2022 2023 Treasure Valley Market Report | April 2023
Monthly Median Sales Price Comparison
ADA COUNTY CANYON COUNTY
ADA & CANYON COUNTIES | SINGLE FAMILY | April 2023 466 852 493 418 690 446 440 540 640 740 840 940
Median Sold Prices By City
5
Listings April 2023, month/year comparison 0 500 1000 1500 2000 2500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 ADA COUNTY 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 CANYON COUNTY Treasure Valley Market Report | April 2023
Active Residential

Active Listings by Price Range

April 2023 $300-$399 3% $400-$499 16% $500-$699 35% $700-$999 25% $1,000,000+ 21%
ADA COUNTY

Active Listings by Price Range

April 2023 CANYON COUNTY $250-$299 1% $300-$399 14% $400-$499 32% $500-$699 28% $700-$999 14% $1000000+ 11%
8 Residential Closed Sales April 2023 0 200 400 600 800 1000 1200 1400 1600 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 0 100 200 300 400 500 600 700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 ADA
CANYON
Treasure Valley Market Report | April 2023 Treasure Valley Market Report | April 2023
COUNTY
COUNTY

#GuidingYouHome

9 Treasure Valley Market Report | April 2023

Sold Listings by Price Range

April 2023 ADA COUNTY $300-$399 17% $400-$499 23% $500-$699 26% $700-$999 20% $1,000,000+ 14%

Sold Listings by Price Range

April 2023 CANYON COUNTY $250-$299 27% $300-$399 30% $400-$499 21% $500-$699 14% $700-$999 6% $1,000,000+ 2%

Residential Closed Sales

RESALE vs. NEW CONSTRUCTION | April 2023 ADA COUNTY CANYON COUNTY 883 734 338 422 407 200 234 247 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2020 2021 2022 2023 Re-Sale New 406 347 160 200 256 178 164 166 0 100 200 300 400 500 600 700 800 900 1000 2020 2021 2022 2023 Re-Sale New Treasure Valley Market Report | April 2023 12

Let

Treasure Valley Market Report | April 2023 13
us help you find the perfect home for your family.

Annual Average Interest Rates

Treasure Valley Market Report | April 2023 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.370% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Treasure Valley Market Report | April 2023 15 Looking for the best loan officers in town? We have you covered!

The information in this report is compiled from a report given by Boise Regional REALTORS® and the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current.

©Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Information deemed reliable nut not guaranteed and should be independently verified.

2023
cbboise.com Treasure Valley Market Report | April

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