November 2022
MARKET SNAPSHOT
ADA COUNTY
Median Sales Price
$ 525,000
Down 2.5% year over year
Down 6.5% over last month
Active Listing Inventory
1,843
Up 131. 5 % year over year
Down 14.1% over last month
Average Days On Market
47
Up 62. 1 % year over year Up 11.9% over last month
Closed Sales
548
Down 39% year over year
Down 18.2% over last month
CANYON COUNTY
Median Sales Price
$415,000
Up 1.2% year over year Down 4.5% over last month
Active Listing Inventory
1,142
Up 94.9% year over year Down 8.8 % over last month
Average Days On Market
59
Up 90.3% year over year Up 20.4% over last month
Closed Sales
313
Down 33.5% year over year Down 15.6% over last month
Treasure Valley Market Report | November 2022 2
November 2021/2022 – 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 2021 2022
$0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 Treasure Valley Market Report | November 2022
Monthly Median Sales Price Comparison
ADA COUNTY CANYON COUNTY
Median Sold Prices By City
ADA & CANYON COUNTIES | SINGLE FAMILY | November 2022 464 849 505 487 548 406 390 542 350 450 550 650 750 850 950 Boise Eagle Meridian Kuna Star Nampa Caldwell Middleton Treasure Valley Market Report | November 2022 4
Active Residential Listings
5
November 2022, month/year comparison 0 500 1000 1500 2000 2500 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2020 2021 2022
COUNTY 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2020 2021 2022
Treasure Valley Market Report | November 2022
ADA
CANYON COUNTY
Treasure Valley Market Report | November 2022 Active Listings by Price Range November 2022 $300-$399 13% $400-$499 25% $500-$699 28% $700-$999 20% $1,000,000+ 14% ADA COUNTY 6
Active Listings by Price Range November 2022 CANYON COUNTY Treasure Valley Market Report | November2022 7 $250-$299 3% $300-$399 33% $400-$499 26% $500-$699 20% $700-$999 11% $1000000+ 7%
Residential Closed Sales
8
November 2022 0 200 400 600 800 1000 1200 1400 1600 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2020 2021 2022 0 100 200 300 400 500 600 700 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2020 2021 2022
Treasure Valley Market Report | November 2022 Treasure Valley Market Report | November 2022
ADA COUNTY CANYON COUNTY
9 Treasure Valley Market Report | November 2022
Home is the best place.
10 Sold Listings by Price Range November 2022 ADA COUNTY $300-$399 16% $400-$499 28% $500-$699 29% $700-$999 19% $1,000,000+ 8% Treasure Valley Market Report | November 2022
Sold Listings by Price Range November 2022 CANYON COUNTY Treasure Valley Market Report | November 2022 $250-$299 28% $300-$399 16% $400-$499 23% $500-$699 23% $700-$999 8% $1,000,000+ 2% 11
Residential Closed Sales
RESALE vs. NEW CONSTRUCTION | November 2022
753 883 734 385 309 407 200 165 0 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 2019 2020 2021 2022 Re-Sale New 388 406 347 185 156 256 178 120 0 100 200 300 400 500 600 700 800 900 1000 2019 2020 2021 2022 Re-Sale New Treasure Valley Market Report | November 2022 12
ADA COUNTY CANYON COUNTY
#GuidingYouHome
Annual Average Interest Rates
Treasure Valley Market Report | November 2022 14
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
30 - year fixed mortgage 3.98% 4.24% 3.85% 3.65% 3.99% 4.54% 3.94% 3.11% 2.95% 5.26% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00%
Treasure Valley Market Report | November 2022 15
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Treasure Valley Market Report | November 2022