June 2022
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$592,090
$444,990
Up 12.8% year over year Down 1.7% over last month
Up 5.0% year over year Down 3.3% over last month
Active Listing Inventory
Active Listing Inventory
2,135
1,191
Up 192.9% year over year Up 40.5% over last month
Up 149.7% year over year Up 39.2% over last month
Average Days On Market
Average Days On Market
15
20
Up 50.0% year over year Up 7.2% over last month
Up 42.9% year over year Down 4.8% over last month
Closed Sales
Closed Sales
818
442
Down 16.0% year over year Down 8.5% over last month
Down 26.1% year over year Down 10.9% over last month
Treasure Valley Market Report | June 2022
Monthly Median Sales Price Comparison June 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 | June 2022
3
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | June 2022
1,000
855
900
800
583
643
700
441
500
420
475
541
545
600
400 Boise
4
Eagle
Treasure Valley Market Report | June 2022
Meridian
Kuna
Star
Nampa
Caldwell Middleton
Active Residential Listings June 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 1200 2019
2020
2021
2022
1000 800 600 400 200 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | June 2022
5
Active Listings by Price Range June 2022
ADA COUNTY $500-$699 33%
$400-$499 22%
$300-$399 4% $700-$999 24% $1,000,000+ 17%
6
Treasure Valley Market Report | June 2022
Active Listings by Price Range June 2022
CANYON COUNTY $400-$499 37%
$300-$399 14%
$500-$699 27%
$250-$299 1% $1000000+ 8%
$700-$999 13%
Treasure Valley Market Report | June 2022
7
Residential Closed Sales June 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 | June 2022
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
#GuidingYouHome
Treasure Valley Market Report | June 2022
9
Sold Listings by Price Range June 2022
ADA COUNTY $500-$699 35%
$400-$499 24%
$300-$399 5%
$1,000,000+ 14%
10
Treasure Valley Market Report | June 2022
$700-$999 22%
Sold Listings by Price Range June 2022
CANYON COUNTY $300-$399 25%
$400-$499 21%
$250-$299 23%
$1,000,000+ 2% $700-$999 7%
$500-$699 22%
Treasure Valley Market Report | June 2022
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | June 2022
ADA COUNTY 1300
Re-Sale
1200
New
1100
727
808
800
584
700 600
300
242
285
400
363
500
235
900
831
1000
200 100 0 2019
2020
2021
2022
CANYON COUNTY 1000
Re-Sale
900
New
800 700
390
294
200
146
146
180
300
196
400
376
500
398
600
100 0 2019
12
Treasure Valley Market Report | June 2022
2020
2021
2022
Every home tells a story. Let us help you create yours. Treasure Valley Market Report | June 2022
13
Annual Average Interest Rates 30-year fixed mortgage
2022
5.05%
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% 1.00%
Treasure Valley Market Report | June 2022
2.00%
3.00%
4.00%
5.00%
6.00%
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | June 2022
15