2023 Ada&Canyon MarketReport MonthlyMarketReportforAda&CanyonCounty county January 2023
MARKET SNAPSHOT
ADA COUNTY
Median Sales Price
$487,495
Down 9. 7 % year over year
Down 5. 3 % over last month
Active Listing Inventory
1,169
Up 165.1% year over year
Down 20% over last month
Average Days On Market
71 Up 97.2% year over year Up 14.5% over last month
Closed Sales
454
Down 32.8% year over year Down 20.2% over last month
CANYON COUNTY
Median Sales Price
$ 395,445
Down 6.4% year over year
U p 1. 3 % over last month
Active Listing Inventory
72 4
Up 108. 6 % year over year
Down 2 4 % over last month
Average Days On Market
8 3 Up 97. 6 % year over year
Up 22% over last month
Closed Sales
30 5 Down 20. 6 % year over year
Down 6. 7 % over last month
January 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 ADA COUNTY CANYON COUNTY 395 $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 | January 2023
Monthly Median Sales Price Comparison
Median
ADA & CANYON COUNTIES | SINGLE FAMILY | January 2023 454 875 448 405 499 403 367 609 450 550 650 750 850 950
Sold Prices By City
5
Listings January 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 | January 2023
Active Residential
Active Listings by Price Range
January 2023 $300-$399 10% $400-$499 22% $500-$699 31% ADA COUNTY
Active Listings by Price Range
January 2023 CANYON COUNTY $250-$299 2% $300-$399 27% $400-$499 27% $500-$699 23%
8 Residential Closed Sales January 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 | January 2023 Treasure Valley Market Report | January 2023
COUNTY
COUNTY
9 Treasure Valley Market Report | January 2023
Home is the best place to be.
Sold Listings by Price Range
January 2023 ADA COUNTY $300-$399 24% $400-$499 21% $500-$699 27%
Sold Listings by Price Range
January 2023 CANYON COUNTY $250-$299 18% $300-$399 31% $400-$499 26% $500-$699 19% $700-$999 5% $1,000,000+ 1%
RESALE vs. NEW CONSTRUCTION | January 2023 ADA COUNTY CANYON COUNTY 883 734 338 270 407 200 234 184 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2020 2021 2022 2023 Re-Sale New 406 347 160 119 256 178 164 186 0 100 200 300 400 500 600 700 800 900 1000 2020 2021 2022 2023 Re-Sale New Treasure Valley Market Report | January 2023 12
Residential Closed Sales
Treasure Valley Market Report | January 2023 13 #GuidingYouHome Is it time to find your dream home? Start here.
Annual Average Interest Rates
Treasure Valley Market Report | January 2023 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.27% 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
Treasure Valley Market Report | January 2023 15 Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | January 2023