December 2021
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$546,000
$419,480
Up 27.0% year over year Up 1.5% over last month
Up 23.4% year over year Up 2.4% over last month
Active Listing Inventory
Active Listing Inventory
582
512
Up 75.8% year over year Down 26.9% over last month
Up 165.3% year over year Down 12.7% over last month
Average Days On Market
Average Days On Market
32
41
Up 77.8% year over year Up 10.4% over last month
Up 127.8% year over year Up 32.3% over last month
Closed Sales
Closed Sales
954
547
Up 5.8% year over year Up 7.1% over last month
Up 8.3% year over year Up 16.2% over last month
Treasure Valley Market Report | December 2021
Monthly Median Sales Price Comparison December 2020/2021 – total $ shown in thousands
ADA COUNTY $600
2020
2021
$500 $400 $300 $200 $100 $0
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY $450
2020
2021
$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 | December 2021
3
Active Residential Listings December 2021, month/year comparison
ADA COUNTY 2000 2018
1800
2019
2020
2021
1600 1400 1200 1000 800 600 400 200 0
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 1000 2018
900
2019
2020
2021
800 700 600 500 400 300 200 100 0
4
JAN
FEB
MAR
Treasure Valley Market Report | December 2021
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
“Home is where one starts from.”
- T.S. Eliot
Treasure Valley Market Report | December 2021
5
Active Listings by Price Range December 2021
ADA COUNTY $500-$699 31%
$400-$499 20%
$300-$399 3%
$700-$999 25% $250-$299 1%
$1,000,000+ 20%
6
Treasure Valley Market Report | December 2021
Active Listings by Price Range December 2021
CANYON COUNTY $400-$499 33% $300-$399 21%
$250-$299 2%
$200-$249 1%
$500-$699 25% $1000000+ 6%
$700-$999 12%
Treasure Valley Market Report | December 2021
7
#GuidingYouHome
8
Treasure Valley Market Report | December 2021
Residential Closed Sales December 2021
ADA COUNTY 2018
1600
2019
2020
2021
1400 1200 1000 800 600 400 200 0
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 2018
700
2019
2020
2021
600 500 400 300 200 100 0
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | December 2021
9
Sold Listings by Price Range December 2021
ADA COUNTY $400-$499 22% $500-$699 29%
$300-$399 12%
$250-$299 0%
$1,000,000+ 9%
10
Treasure Valley Market Report | December 2021
$700-$999 28%
Sold Listings by Price Range December 2021
CANYON COUNTY $300-$399 23% $250-$299 27%
$200-$249 4%
$400-$499 20% $1,000,000+ 2% $700-$999 6%
$500-$699 18%
Treasure Valley Market Report | December 2021
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | December 2021
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000 900
300
336
325
524 250
400
323
500
461
600
569
700
626
800
200 100 0
2018
2019
2020
2021
CANYON COUNTY 1000
Re-Sale
900
New
800 700 496
600
78
100
12
112
200
0
223
186
234
300
286
400
315
500
2018
Treasure Valley Market Report | December 2021
2019
2020
2021
Every home tells a story. Let us help you create yours.
Treasure Valley Market Report | December 2021
13
Annual Average Interest Rates 30-year fixed mortgage
2021
2.95%
2020
3.11%
2019
3.94%
2018
4.54%
2017
3.99%
2016
3.65%
2015
3.85%
2014
4.25%
2013
3.98%
2012 0.00%
3.66% 0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
Treasure Valley Market Report | December 2021
14
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | December 2021
15