November 2021
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$537,900
$409,900
Up 25.1% year over year Up 0.8% over last month
Up 27.3% year over year Down 3.0% over last month
Active Listing Inventory
Active Listing Inventory
796
586
Up 95.1% year over year Down 30.5% over last month
Up 206.8% year over year Down 21.4% over last month
Average Days On Market
Average Days On Market
29
31
Up 52.6% year over year Up 26.1% over last month
Up 72.2% year over year Up 19.3% over last month
Closed Sales
Closed Sales
891
471
Down 7.8% year over year Down 9.7% over last month
Down 16.6% year over year Down 15.3% over last month
Treasure Valley Market Report | November 2021
Monthly Median Sales Price Comparison November 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
CANYON COUNTY $450
2020
2021
$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 | November 2021
3
Active Residential Listings November 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 | November 2021
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
“The light is what guides you home; the warmth is what keeps you there.” - E llie Rodriguez
Treasure Valley Market Report | November 2021
5
Active Listings by Price Range November 2021
ADA COUNTY $500-$699 29% $400-$499 26%
$300-$399 4%
$700-$999 24%
$250-$299 0% $1,000,000+ 17%
6
Treasure Valley Market Report | November 2021
Active Listings by Price Range November 2021
CANYON COUNTY $400-$499 28% $300-$399 24%
$250-$299 2%
$500-$699 27%
$200-$249 1% $1000000+ 6%
$700-$999
12%
Treasure Valley Market Report | November 2021
7
#GuidingYouHome
8
Treasure Valley Market Report | November 2021
Residential Closed Sales November 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 | November 2021
9
Sold Listings by Price Range November 2021
ADA COUNTY $400-$499 27%
$500-$699 30% $300-$399 13%
$250-$299 1%
$1,000,000+ 8%
10
Treasure Valley Market Report | November 2021
$700-$999 21%
Sold Listings by Price Range November 2021
CANYON COUNTY $300-$399 20%
$250-$299 30%
$200-$249 6%
$400-$499 19% $1,000,000+ 2%
$700-$999 7%
$500-$699 16%
Treasure Valley Market Report | November 2021
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | November 2021
ADA COUNTY 1300
Re-Sale
1200
New
1100 1000
668
600
700
610
800 600
690
900
300
203
238
278
400
294
500
200 100 0
2018
2019
2020
2021
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600
344 79
100 0
12
104
200
2018
Treasure Valley Market Report | November 2021
2019
2020
120
300
145
272
311
400
347
500
2021
Every home tells a story. Let us help you create yours. Treasure Valley Market Report | November 2021
13
Annual Average Interest Rates 30-year fixed mortgage
2021
2.98%
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 | November 2021
14
Looking for the best loan officers in town? We have you covered! www.iccu.com/CBT
Treasure Valley Market Report | November 2021
15