July 2022
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$589,990
$441,995
Up 19.2% year over year Down 0.4% over last month
Up 6.6% year over year Down 0.7% over last month
Active Listing Inventory
Active Listing Inventory
2,408
1,356
Up 128.2% year over year Up 12.8% over last month
Up 100.6% year over year Up 13.9% over last month
Average Days On Market
Average Days On Market
21
29
Up 61.5% year over year Up 40.0% over last month
Up 123.1% year over year Up 45.0% over last month
Closed Sales
Closed Sales
685
354
Down 33.8% year over year Down 16.3% over last month
Down 42.8% year over year Down 19.9% over last month
Treasure Valley Market Report | July 2022
Monthly Median Sales Price Comparison July 2021/2022 – total $ shown in thousands
ADA COUNTY
$700
2021
2022
$600 $500 $400 $300 $200 $100 $0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY $500
2021
2022
$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 2022
3
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | July 2022
1,000
860
900
800
425
435
500
503
580
595
600
500
610
700
400 Boise
4
Eagle
Treasure Valley Market Report | July 2022
Meridian
Kuna
Star
Nampa
Caldwell Middleton
Active Residential Listings July 2022, month/year comparison
ADA COUNTY 2500 2019
2020
2021
2022
2000
1500
1000
500
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
CANYON COUNTY 1400 2019
2020
2021
2022
1200 1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | July 2022
5
Active Listings by Price Range July 2022
ADA COUNTY $400-$499 24%
$500-$699 31%
$300-$399 6%
$1,000,000+ 15%
6
Treasure Valley Market Report | July 2022
$700-$999 24%
Active Listings by Price Range July 2022
CANYON COUNTY $400-$499 36% $300-$399 20%
$250-$299 2%
$500-$699 23% $1000000+ 7%
$700-$999 12%
Treasure Valley Market Report | July 2022
7
Residential Closed Sales July 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
2020
2021
2022
700 600 500 400 300 200 100 0 JAN
8
FEB
MAR
Treasure Valley Market Report | July 2022
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
#GuidingYouHome
Treasure Valley Market Report | July 2022
9
Sold Listings by Price Range July 2022
ADA COUNTY $400-$499 26%
$500-$699 32%
$300-$399 7%
$1,000,000+ 12%
10
Treasure Valley Market Report | July 2022
$700-$999 23%
Sold Listings by Price Range July 2022
CANYON COUNTY $300-$399 21% $400-$499 24%
$250-$299 22%
$1,000,000+ 3% $700-$999 7%
$500-$699 23%
Treasure Valley Market Report | July 2022
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | July 2022
ADA COUNTY 1300
Re-Sale
786
900
862
1100 1000
New
1002
1200
800
435
600
518
700 500
167
300
243
299
400 200 100 0 2019
2020
2021
2022
CANYON COUNTY 1000
Re-Sale
900
New
800 700
141
120
200
224
300
213
389 258
400
376
500
392
600
100 0 2019
12
Treasure Valley Market Report | July 2022
2020
2021
2022
Every home tells a story. Let us help you create yours. Treasure Valley Market Report | July 2022
13
Annual Average Interest Rates 30-year fixed mortgage
2022
4.67%
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%
14
3.98% 0.50%
1.00%
Treasure Valley Market Report | July 2022
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | July 2022
15