Treasure Valley Market Report April 2024

Page 1

April 2024

MARKET SNAPSHOT

ADA COUNTY

Median Sales Price

$ 556,500

Up 7.6% year over year

Up 0.2% over last month

Active Listing Inventory

1,394

Up 19.9% year over year

Up 10.2% over last month

Average Days On Market

37

Down 32.7% year over year

Down 24.4% over last month

CANYON COUNTY

Median Sales Price

$429,995

Up 10. 3 % year over year Up 4. 0 % over last month

Active Listing Inventory

953

Up 45. 7 % year over year

Up 16.5% over last month

Average Days On Market

50

Down 26.5% year over year Same over last month

April 2022/2024 – total $ shown in thousands 3 400 500 600 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2023 2024 ADA COUNTY CANYON COUNTY $350 $400 $450 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2023 2024 Treasure Valley Market Report | April 2024
Monthly Median Sales Price Comparison
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | April 2024 485 669 544 449 562 422 398 535 340 440 540 640 740 840 940
Boise Eagle Meridian Kuna Star Nampa Caldwell Middleton

Active Residential Listings

5
April 2024, month/year comparison 0 500 1000 1500 2000 2500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024 ADA COUNTY 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024
Treasure Valley Market Report | April 2024
CANYON COUNTY

Active Listings by Price Range

ADA COUNTY

$400-$499

$300-$399

$500-$699

$700-$999

$1,000,000+

April 2024
3%
22%
34%
21%

Active Listings by Price Range

CANYON COUNTY

$500-$699

April 2024
2%
25%
34%
$250-$299
$300-$399
$400-$499
19%
8
April 2024 0 200 400 600 800 1000 1200 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024 0 100 200 300 400 500 600 700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024
Treasure Valley Market Report | April 2024 Treasure Valley Market Report | April 2024
Residential Closed Sales
ADA COUNTY CANYON COUNTY
9 Treasure Valley Market Report | April 2024 Need more space? Let’s find your dream home.

Sold Listings by Price Range

ADA COUNTY

$700-$999

$1,000,000+

April 2024
7% $400-$499 22% $500-$699 29%
$300-$399
29%

Sold Listings by Price Range

CANYON COUNTY

$250-$299

$1,000,000+

$500-$699

April 2024
4%
$300-$399 32%
$400-$499 27%

Residential Closed Sales

RESALE vs. NEW CONSTRUCTION | April 2024
CANYON COUNTY 734 338 306 485 200 234 191 265 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2021 2022 2023 2024 Re-Sale New 347 160 111 243 178 164 144 177 0 100 200 300 400 500 600 700 800 900 1000 2021 2022 2023 2024 Re-Sale New Treasure Valley Market Report | April 2024 12
ADA COUNTY

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Treasure Valley Market Report | April 2024 13
Home ] A place of new beginnings for every member of the family

Annual Average Interest Rates

Treasure Valley Market Report | April 2024 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.64% 6.81% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Treasure Valley Market Report | April 2024 15 Looking for the best loan officers in town? We have you covered!

Treasure

Valley Market Report | April 2024

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.

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