February 2022
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$549,900
$434,450
Up 21.6% year over year Up 1.9% over last month
Up 18.1% year over year Up 2.3% over last month
Active Listing Inventory
Active Listing Inventory
493
316
Up 62.7% year over year Up 11.8% over last month
Up 66.3% year over year Down 9.0% over last month
Average Days On Market
Average Days On Market
32
42
Up 88.2% year over year Down 13.6% over last month
Up 180.0% year over year Same as last month
Closed Sales
Closed Sales
660
450
Up 7.1% year over year Down 1.7% over last month
Up 47.1% year over year Up 16.9% over last month
Treasure Valley Market Report | February 2022
Monthly Median Sales Price Comparison February 2021/2022 – total $ shown in thousands
$600
ADA COUNTY 2021
2022
$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 | February 2022
3
Median Sold Prices By City 927
ADA & CANYON COUNTIES | SINGLE FAMILY | February 2022
950
850
750
442
505
548
548
525
550
567
650
380
450
350
4
Boise
Eagle
Treasure Valley Market Report | February 2022
Meridian
Kuna
Star
Nampa
Caldwell
Middleton
Active Residential Listings February 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 | February 2022
5
Active Listings by Price Range February 2022
ADA COUNTY $500-$699 36%
$400-$499 13%
$700-$999 27% $300-$399 1%
$1,000,000+ 23%
6
Treasure Valley Market Report | February 2022
Active Listings by Price Range February 2022
CANYON COUNTY $400-$499 26%
$500-$699 44%
$300-$399 6%
$250-$299 1%
$1000000+ 10%
$700-$999 13%
Treasure Valley Market Report | February 2022
7
Residential Closed Sales February 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
700
2020
2021
2022
600 500 400 300 200 100 0
8
JAN
FEB
MAR
Treasure Valley Market Report | February 2022
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
#GuidingYouHome
Treasure Valley Market Report | February 2022
9
Sold Listings by Price Range February 2022
ADA COUNTY $400-$499 21%
$500-$699 35%
$300-$399 8%
$1,000,000+ 9%
10
Treasure Valley Market Report | February 2022
$700-$999 27%
Sold Listings by Price Range February 2022
CANYON COUNTY $300-$399 23% $400-$499 24% $250-$299 21%
$1,000,000+ 3% $700-$999 8%
$500-$699 21%
Treasure Valley Market Report | February 2022
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | February 2022
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000 900 800 700 424
237
264
300
346
260
400
296
421
500
428
600
200 100 0
2019
2020
2021
2022
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600 500
100 0
12
2019
Treasure Valley Market Report | February 2022
2020
203
230 125
81
200
180
137
227
300
248
400
2021
2022
Every home tells a story. Let us help you create yours.
Treasure Valley Market Report | February 2022
13
Annual Average Interest Rates 30-year fixed mortgage
2022
3.50%
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 | February 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 | February 2022
15