2023 Ada&Canyon MarketReport MonthlyMarketReportforAda&CanyonCounty county March 2023
MARKET SNAPSHOT
ADA COUNTY
Median Sales Price
$483,450
Down 16% year over year Up 1.7% over last month
Active Listing Inventory
1,134 Up 89.3% year over year Up 9.1% over last month
Average Days On Market
72 Up 260% year over year Down 7.6% over last month
CANYON COUNTY
Median Sales Price
$395,000
Down 12.8% year over year Up 1.2% over last month
Active Listing Inventory
673
Up 58.4% year over year Up 4.8% over last month
Average Days On Market
80 Up 22 0 % year over year Down 6.9% over last month
March 2022/2023 – total $ shown in thousands 3 $0 $100 $200 $300 $400 $500 $600 $700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN 2022 2023
COUNTY
$0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2022 2023 Treasure Valley Market Report | March 2023
Monthly Median Sales Price Comparison
ADA
CANYON COUNTY
ADA & CANYON COUNTIES | SINGLE FAMILY | March 2023 452 782 459 388 607 395 446 440 540 640 740 840 940
Median Sold Prices By City
5
Listings March 2023, month/year comparison 0 500 1000 1500 2000 2500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 ADA COUNTY 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 CANYON COUNTY Treasure Valley Market Report | March 2023
Active Residential
Active Listings by Price Range
March 2023 $300-$399 3% $400-$499 17% $500-$699 35% $700-$999 25% $1,000,000+ ADA COUNTY
Active Listings by Price Range
March 2023 CANYON COUNTY $250-$299 1% $300-$399 16% $400-$499 32% $500-$699 26%
8 Residential
March 2023 0 200 400 600 800 1000 1200 1400 1600 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 0 100 200 300 400 500 600 700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2022 2023 ADA
CANYON
Treasure Valley Market Report | March 2023 Treasure Valley Market Report | March 2023
Closed Sales
COUNTY
COUNTY
Home is the best place for lazy weekend mornings
9 Treasure Valley Market Report | March 2023
Sold Listings by Price Range
March 2023 ADA COUNTY $300-$399 21% $400-$499 25% $500-$699 24%
Sold Listings by Price Range
March 2023 CANYON COUNTY $250-$299 24% $300-$399 35% $400-$499 20% $500-$699 14% $700-$999 5% $1,000,000+ 2%
Residential Closed Sales
RESALE vs. NEW CONSTRUCTION | March 2023 ADA COUNTY CANYON COUNTY 883 734 338 422 407 200 234 320 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2020 2021 2022 2023 Re-Sale New 406 347 160 224 256 178 164 226 0 100 200 300 400 500 600 700 800 900 1000 2020 2021 2022 2023 Re-Sale New Treasure Valley Market Report | March 2023 12
Treasure Valley Market Report | March 2023 13 #GuidingYouHome
Annual Average Interest Rates
Treasure Valley Market Report | March 2023 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.375% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Treasure Valley Market Report | March 2023 15 Looking for the best loan officers in town? We have you covered!
Treasure Valley Market Report | March 2023