January 2022
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$540,000
$424,900
Up 20.0% year over year Down 1.0% over last month
Up 25.3% year over year Up 1.3% over last month
Active Listing Inventory
Active Listing Inventory
441
347
Up 63.9% year over year Down 24.3% over last month
Up 116.9% year over year Down 32.3% over last month
Average Days On Market
Average Days On Market
37
42
Up 94.7% year over year Up 15.7% over last month
Up 200.0% year over year Up 2.5% over last month
Closed Sales
Closed Sales
671
385
Up 10.5% year over year Down 29.7% over last month
Up 14.6% year over year Down 29.7% over last month
Treasure Valley Market Report | January 2022
Monthly Median Sales Price Comparison January 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 $450
2021
2022
$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 | January 2022
3
Active Residential Listings January 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
4
JAN
FEB
MAR
Treasure Valley Market Report | January 2022
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
“There is nothing like staying at home for real comfort.” - Jane Austen
Treasure Valley Market Report | January 2022
5
Active Listings by Price Range January 2022
ADA COUNTY $500-$699 31%
$400-$499 17%
$700-$999 28% $300-$399 3%
$1,000,000+ 21%
6
Treasure Valley Market Report | January 2022
Active Listings by Price Range January 2022
CANYON COUNTY $400-$499 31%
$300-$399 9%
$250-$299 1%
$500-$699 42% $1000000+ 7%
$700-$999 10%
Treasure Valley Market Report | January 2022
7
#GuidingYouHome
8
Treasure Valley Market Report | January 2022
Residential Closed Sales January 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
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | January 2022
9
Sold Listings by Price Range January 2022
ADA COUNTY $400-$499 26% $500-$699 33%
$300-$399 8%
$1,000,000+ 8%
10
Treasure Valley Market Report | January 2022
$700-$999 25%
Sold Listings by Price Range January 2022
CANYON COUNTY $300-$399 24%
$250-$299 26%
$400-$499 23%
$1,000,000+ 1% $700-$999 6%
$500-$699 20%
Treasure Valley Market Report | January 2022
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | January 2022
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000 900 800
353
208
245
211
300
293
400
377
500
446
600
461
700
200 100 0
2019
2020
2021
2022
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600 500
66
100 0
12
2019
Treasure Valley Market Report | January 2022
2020
166
119
106
200
213
216
216
300
236
400
2021
2022
Every home tells a story. Let us help you create yours.
Treasure Valley Market Report | January 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%
3.98% 0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
Treasure Valley Market Report | January 2022
14
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | January 2022
15