2023 Ada&Canyon MarketReport MonthlyMarketReportforAda&CanyonCounty county February 2023
MARKET SNAPSHOT
ADA COUNTY
Median Sales Price
$492,115
Down 10.5% year over year
Up 0. 9 % over last month
Active Listing Inventory
1,039 Up 110.8% year over year
Down 11.1% over last month
Average Days On Market
78 Up 143.8% year over year Up 9.8% over last month
Closed Sales
613 Down 7.3% year over year Up 3 5 % over last month
CANYON COUNTY
Median Sales Price
$389,945
Down 10.3% year over year
Down 1.3% over last month
Active Listing Inventory
642 Up 103.2% year over year Down 11.3% over last month
Average Days On Market
86 Up 138.9% year over year Up 6% over last month
Closed Sales
396 Down 13.3% year over year Up 29.8% over last month
February 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 | February 2023
Monthly Median Sales Price Comparison
ADA COUNTY CANYON COUNTY
ADA & CANYON COUNTIES | SINGLE FAMILY | February 2023 475 850 472 408 637 396 570 440 540 640 740 840 940
Median Sold Prices By City
5
Listings February 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 | February 2023
Active Residential
Active Listings by Price Range
February 2023 $300-$399 5% $400-$499 19% $500-$699 32% $700-$999 24% $1,000,000+ 20%
ADA COUNTY
Active Listings by Price Range
February 2023 CANYON COUNTY $250-$299 2% $300-$399 24% $400-$499 27% $500-$699 24%
8 Residential Closed Sales February 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 | February 2023 Treasure Valley Market Report | February 2023
COUNTY
COUNTY
Let us find your home sweet home
Sold Listings by Price Range
February 2023 ADA COUNTY $300-$399 22% $400-$499 21% $500-$699 28%
Sold Listings by Price Range
February 2023 CANYON COUNTY $250-$299 25% $300-$399 32% $400-$499 20% $1,000,000+ 0%
RESALE vs. NEW CONSTRUCTION | February 2023 ADA COUNTY CANYON COUNTY 883 734 338 346 407 200 234 264 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2020 2021 2022 2023 Re-Sale New 406 347 160 180 256 178 164 203 0 100 200 300 400 500 600 700 800 900 1000 2020 2021 2022 2023 Re-Sale New Treasure Valley Market Report | February 2023 12
Residential Closed Sales
Home is the best place for new beginnings.
#GuidingYouHome
Treasure Valley Market Report | February 2023 13
Annual Average Interest Rates
Treasure Valley Market Report | February 2023 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.375% 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
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Treasure Valley Market Report | February 2023