The Treasure Valley / Boise, Idaho Real Estate Market Report, July 2021

Page 1

July 2021


MARKET SNAPSHOT

2

ADA COUNTY

CANYON COUNTY

Median Sales Price

Median Sales Price

$540,000

$414,750

Up 38.5% year over year

Up 38.0% year over year

Active Listing Inventory

Active Listing Inventory

1,055

676

Up 42.0% year over year

Up 118.1% year over year

Average Days On Market

Average Days On Market

13

13

Down 62.9% year over year

Down 66.7% year over year

Closed Sales

Closed Sales

1,027

616

Up 29.1% year over year

Down 3.1% year over year

Treasure Valley Market Report | July 2021


Monthly Median Sales Price Comparison July 2020/2021 – total $ shown in thousands

ADA COUNTY $600

2020

2021

$500 $400 $300 $200 $100 $0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2020

2021

CANYON COUNTY $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 | July 2021

3


Active Residential Listings July 2021, month/year comparison

ADA COUNTY 2000 2018

1800

2019

2020

2021

1600 1400 1200 1000 800 600 400 200 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

CANYON COUNTY 1000 2018

900

2019

2020

2021

800 700 600 500 400 300 200 100 0

4

JAN

FEB

MAR

Treasure Valley Market Report | July 2021

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC


Home is a story of who we are.

Treasure Valley Market Report | July 2021

5


Active Listings by Price Range July 2021

ADA COUNTY $500-$699 39% $400-$499 22%

$300-$399 5%

$250-$299 0%

$700-$999 18% $1,000,000+ 16%

6

Treasure Valley Market Report | July 2021


Active Listings by Price Range July 2021

CANYON COUNTY $400-$499 45%

$300-$399 20%

$250-$299 3%

$200-$249 1% $500-$699 31%

Treasure Valley Market Report | July 2021

7


#GuidingYouHome

8

Treasure Valley Market Report | July 2021


Residential Closed Sales July 2021

ADA COUNTY 2018

1600

2019

2020

2021

1400 1200 1000 800 600 400 200 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

CANYON COUNTY 2018

700

2019

2020

2021

600 500 400 300 200 100 0

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Treasure Valley Market Report | July 2021

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Sold Listings by Price Range July 2021

ADA COUNTY $400-$499 29%

$500-$699 33% $300-$399 11%

$250-$299 1%

$1,000,000+ 9%

10

Treasure Valley Market Report | July 2021

$700-$999 17%


Sold Listings by Price Range July 2021

CANYON COUNTY $300-$399 37%

$250-$299 5%

$400-$499 37% $200-$249 3%

$500-$699 18%

Treasure Valley Market Report | July 2021

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Residential Closed Sales RESALE vs. NEW CONSTRUCTION | July 2021

ADA COUNTY 1300

Re-Sale

786

852

900

862

1100 1000

New

1002

1200

800 700 435

600 500

243

300

276

290

400 200 100 0

2018

2019

2020

2021

CANYON COUNTY 1000

Re-Sale

900

New

800 700

389

112

200

120

300

224

258

373

400

376

500

392

600

100 0

12

2018

Treasure Valley Market Report | July 2021

2019

2020

2021


Every home tells a story. Let us help you create yours.

Treasure Valley Market Report | July 2021

13


Annual Average Interest Rates 30-year fixed mortgage

2021

2.93%

2020

3.11%

2019

3.94%

2018

4.54%

2017

3.99%

2016

3.65%

2015

3.85%

2014

4.25%

2013

3.98%

2012 0.00%

3.66% 0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%

Treasure Valley Market Report | July 2021

14


Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT

Treasure Valley Market Report | July 2021

15



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