Looking to make your next move in the Treasure Valley? Whether you’re buying or selling, knowing the latest market trends can help you make the right decision.
Contact us at House of Palmer for personalized advice on how this week’s market data can impact your real estate goals.
Ada County Market Update:
New Listings: 295 new listings this week, marking a 16% increase. The market is showing healthy activity as more homes come on the market.
Average Listing Price: $639,315, a 4% increase. Sellers are confidently listing at higher prices as the market strengthens.
Average Sold Price: $629,963, an 11% jump from the prior week, reflecting buyers' willingness to pay more for homes in Ada County.
Total Active Listings: 1,965, up by 1%, indicating consistent inventory levels for buyers to choose from.
Total Pending Sales: 185 pending, an increase of 2%, signaling strong buyer demand.
Months of Inventory: 2.4 months, slightly higher by 1%, still indicating a balanced market.
Canyon County Market Update:
New Listings: 134, remaining steady with no change from the prior week.
Average Listing Price: $528,868, holding firm with no change.
Average Sold Price: $437,689, a 7% increase, showing that buyers are still willing to pay more, even as prices rise.
Total Active Listings: 1,086, a slight 1% decrease, showing that inventory is tight and homes are selling quickly.
Total Pending Sales: 126 pending sales, a 26% increase, which shows a huge uptick in buyer activity.
Months of Inventory: 2.5 months, down 2%, keeping the market competitive.
At House Of Palmer | Idaho Real Estate, we’re proud to offer you the latest insights for both Ada and Canyon Counties. If you’re considering selling your home, now is the time to take advantage of the demand. Get an in-depth market analysis tailored to your property by contacting us here, and let’s maximize your home’s value together.
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