Welcome to our latest market update, providing insights into the Ada County and Canyon County real estate markets for the week of June 12 to June 18. As trusted experts, House Of Palmer offers valuable guidance to navigate these dynamic markets. Let's dive into the key statistics and trends.
Ada County:
New Listings: Ada County witnessed a 9% decrease with 229 new listings this week.
Average Listing Price: The average listing price remained the same at $710,425.
Average Sold Price: Ada County experienced a notable 13% increase in the average sold price, reaching $649,927.
Homes Sold: The number of homes sold in Ada County saw a significant 15% increase, with 194 properties sold.
Active Listings: Ada County saw a 4% increase in active listings, reaching a total of 1,486 properties.
Pending Listings: Pending listings decreased by 15% to 162 properties.
Inventory: Ada County now has 2.1 months of inventory, reflecting a 3% increase.
Canyon County:
New Listings: Canyon County observed a 9% decrease with 115 new listings this week.
Average Listing Price: The average listing price in Canyon County decreased by 6% to $486,964.
Average Sold Price: The average sold price in Canyon County experienced a 5% decrease, amounting to $431,109.
Homes Sold: Canyon County witnessed a 6% increase with 100 properties sold.
Active Listings: The total number of active listings in Canyon County remained the same at 681 properties.
Pending Listings: Pending listings increased by 4% to 88 properties.
Inventory: Canyon County currently has 1.7 months of inventory, showing a 1% decrease.
As experts in the Ada and Canyon County real estate markets, House Of Palmer is here to provide you with valuable insights and guidance. The increase in average sold price in Ada County indicates a strong market, while Canyon County experienced a slight decline. With inventory levels and market dynamics shifting, it's essential to consult with an expert for personalized advice tailored to your real estate goals. Trust House Of Palmer for expert opinion and navigate the market with confidence. Contact us for a consultation or visit our website for more information.
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