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
9
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
11
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