September 2021
MARKET SNAPSHOT
2
ADA COUNTY
CANYON COUNTY
Median Sales Price
Median Sales Price
$534,950
$422,000
Up 31.1% year over year
Up 36.1% year over year
Active Listing Inventory
Active Listing Inventory
1,249
780
Up 165.7% year over year
Up 310.5% year over year
Average Days On Market
Average Days On Market
19
19
Down 26.9% year over year
Down 24.0% year over year
Closed Sales
Closed Sales
998
546
Down 19.3% year over year
Down 5.2% year over year
Treasure Valley Market Report | September 2021
Monthly Median Sales Price Comparison September 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
$400
2021
$350 $300 $250 $200 $150 $100 $50 $0
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Treasure Valley Market Report | September 2021
3
Active Residential Listings September 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 | September 2021
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Home Sweet Autumn Home
Treasure Valley Market Report | September 2021
5
Active Listings by Price Range September 2021
ADA COUNTY $500-$699 34%
$400-$499 25%
$300-$399 6%
$250-$299 0% $1,000,000+ 13%
6
Treasure Valley Market Report | September 2021
$700-$999 22%
Active Listings by Price Range September 2021
CANYON COUNTY $300-$399 30% $400-$499 38%
$250-$299 2%
$200-$249 1% $500-$699 29%
Treasure Valley Market Report | September 2021
7
#GuidingYouHome
8
Treasure Valley Market Report | September 2021
Residential Closed Sales September 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 | September 2021
9
Sold Listings by Price Range September 2021
ADA COUNTY
$400-$499 30%
$500-$699 34%
$300-$399 1% $250-$299 0%
$1,000,000+ 9%
10
Treasure Valley Market Report | September 2021
$700-$999 26%
Sold Listings by Price Range September 2021
CANYON COUNTY $250-$299 40%
$300-$399 31%
$200-$249 4% $400-$499 0% $500-$699 25%
Treasure Valley Market Report | September 2021
11
Residential Closed Sales RESALE vs. NEW CONSTRUCTION | September 2021
ADA COUNTY 1300
Re-Sale
1200
New
1100 862
1000
751
900 638
700
660
800 600
247
300
263
276
400
363
500
200 100 0
2018
2019
2020
2021
CANYON COUNTY 1000
Re-Sale
900
New
800 700 600 382
74
100 0
12
119
200
2018
Treasure Valley Market Report | September 2021
187
300
2019
2020
163
346
315
400
383
500
2021
Every home tells a story. Let us help you create yours.
Treasure Valley Market Report | September 2021
13
Annual Average Interest Rates 30-year fixed mortgage
2021
2.92%
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 | September 2021
14
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Treasure Valley Market Report | September 2021
15