May 2024
MARKET SNAPSHOT
ADA COUNTY
Median Sales Price
$551,950
Up 3.4% year over year
Down 0.8% over last month
Active Listing Inventory
1,629
Up 29.4% year over year
Up 16.8% over last month
Average Days On Market
38
Up 5.6% year over year
Up 2.7% over last month
Closed Sales
CANYON COUNTY
Median Sales Price
$ 419,945
Up 1.2% year over year Down 2.3% over last month
Active Listing Inventory
1,065
Up 58. 5 % year over year Up 11.7% over last month
Average Days On Market
4 3
Down 15.7% year over year Down 14% over last month
Closed Sales
May 2022/2024 – total $ shown in thousands 3 400 500 600 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2023 2024 ADA COUNTY CANYON COUNTY $350 $400 $450 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2023 2024 Treasure Valley Market Report | May 2024
Monthly Median Sales Price Comparison
Median Sold Prices By City ADA & CANYON COUNTIES | SINGLE FAMILY | May 2024 525 810 540 463 560 419 397 494 440 540 640 740 840 940
Active Residential Listings
5
May 2024, month/year comparison 0 500 1000 1500 2000 2500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024 ADA COUNTY 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024
Treasure Valley Market Report | May 2024
CANYON COUNTY
Active Listings by Price Range
ADA COUNTY
$500-$699
$700-$999
$1,000,000+
3%
22%
May 2024 $300-$399
$400-$499
35%
19%
Active Listings by Price Range
CANYON COUNTY
May 2024
3% $300-$399 26% $400-$499 31%
20%
$250-$299
$500-$699
8
May 2024 0 200 400 600 800 1000 1200 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024 0 100 200 300 400 500 600 700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 2023 2024
Treasure Valley Market Report | May 2024 Treasure Valley Market Report | May 2024
Residential Closed Sales
ADA COUNTY CANYON COUNTY
#GuidingYouHome
9 Treasure Valley Market Report | May 2024
ADA COUNTY
Sold Listings by Price Range May 2024
$300-$399 10% $400-$499 20% $500-$699 32% $700-$999
Sold Listings by Price Range
CANYON COUNTY
$300-$399 32%
$250-$299 4%
$1,000,000+ 5%
$700-$999 9%
$500-$699 19%
May
2024
$400-$499 31%
Residential Closed Sales
RESALE vs. NEW CONSTRUCTION | May 2024
CANYON COUNTY 734 338 306 485 200 234 191 244 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2021 2022 2023 2024 Re-Sale New 347 160 111 263 178 164 144 167 0 100 200 300 400 500 600 700 800 900 1000 2021 2022 2023 2024 Re-Sale New Treasure Valley Market Report | May 2024 12
ADA COUNTY
Treasure Valley Market Report | May 2024 13
Home is where the coziest spots are.
Annual Average Interest Rates
Treasure Valley Market Report | May 2024 14
30 - year fixed mortgage 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.35% 6.64% 6.86% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Treasure Valley Market Report | May 2024 15 Looking for the best loan officers in town? We have you covered!
Treasure Valley Market Report | May 2024
The information in this report is compiled from a report given by Boise Regional REALTORS® and the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current.
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