January 2024
MARKET SNAPSHOT ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$513,100
$399,990
Up 4.7% year over year Down 0.7% over last month
Up 1.2% year over year Down 2.4% over last month
Active Listing Inventory
Active Listing Inventory
1,035
710
Down 11.5% year over year Down 12.5% over last month
Down 1.9% year over year Down 5.5% over last month
Average Days On Market
Average Days On Market
53
48
Down 24.3% year over year Up 8.1% over last month
Down 40.7% year over year Down 14.2% over last month
Closed Sales
459 Down 0.2% year over year Down 7.4% over last month
2
Treasure Valley Market Report | January 2024
Closed Sales
293 Down 5.5% year over year Up 14.4% over last month
Monthly Median Sales Price Comparison January 2022/2024 – total $ shown in thousands
600
ADA COUNTY 2023 2024
500
400 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY $450
2023 2024
$400
$350 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | January 2024
3
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | January 2024
940
780
840
740
460 400
440
382
444
463
540
485
518
640
340 Boise
4
Eagle
Treasure Valley Market Report | January 2024
Meridian
Kuna
Star
Nampa
Caldwell Middleton
Active Residential Listings January 2024, month/year comparison
ADA COUNTY 2500
2021
2022
2023
2024
2000
1500
1000
500
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 1400
2021
2022
2023
2024
1200 1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | January 2024
5
Active Listings by Price Range January 2024
ADA COUNTY $500-$699 37%
$400-$499 22%
$300-$399 3%
$1,000,000+ 18%
6
Treasure Valley Market Report | January 2024
$700-$999 20%
Active Listings by Price Range January 2024
CANYON COUNTY $400-$499 38% $300-$399 23%
$250-$299 2% $500-$699 16% $1000000+ 11%
$700-$999 10%
Treasure Valley Market Report | January2024
7
Residential Closed Sales January 2024
ADA COUNTY 2021
1200
2022
2023
2024
1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
2023
2024
CANYON COUNTY 2021
700
2022
600 500 400 300 200 100 0 JAN
8
FEB
MAR
Treasure Valley Market Report | January 2024
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | January 2024
Lo o ki n g f o r a h o m e ? We can help!
Treasure Valley Market Report | January 2024
9
Sold Listings by Price Range January 2024
ADA COUNTY $400-$499 23% $500-$699 29%
$300-$399 15%
$1,000,000+ 14%
10
Treasure Valley Market Report | January 2024
$700-$999 19%
Sold Listings by Price Range January 2024
CANYON COUNTY $300-$399 42%
$400-$499 27%
$250-$299 4%
$1,000,000+ 3% $700-$999 7%
$500-$699 17%
Treasure Valley Market Report | January 2024
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | January 2024
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000 800
734
900 700
178
200
280
200
300
191
400
234
338
500
306
600
100 0 2021
2022
2023
2024
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600
158
136
144
111
200
164
178
300
160
400
347
500
100 0 2021
12
Treasure Valley Market Report | January 2024
2022
2023
2024
[ Home ] A place of new beginnings
Treasure Valley Market Report | January 2024
13
Annual Average Interest Rates 30-year fixed mortgage
2023
6.64%
2022
5.35%
2021
2.95%
2020
3.11%
2019
3.94%
2018
4.54%
2017
3.99%
2016
3.65%
2015
3.85%
2014 0.00%
14
4.24% 1.00%
Treasure Valley Market Report | January 2024
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
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Treasure Valley Market Report | January 2024
15
cbboise.com Treasure Valley Market Report | January 2024 The information in this report is compiled from a report given by Boise Regional REALTORS® and the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. ©Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Information deemed reliable nut not guaranteed and should be independently verified.