Real Estate Market Update: Ada and Canyon Counties (January 6 - January 12)

The real estate markets in Ada and Canyon Counties have kicked off the year with promising activity. At House of Palmer | Idaho Real Estate, we're here to help you navigate these market trends, whether you’re buying your first home, upgrading, selling, or investing. Let us guide you to make the most of these opportunities in the Treasure Valley.

Ada County Highlights

• New Listings: 240 (up 35%)

• Average Listing Price: $737,791 (up 13%)

• Average Sold Price: $614,748 (up 1%)

• Total Active Listings: 1,447 (no change)

• Pending Listings: 179 (up 49%)

• Months of Inventory: 1.8 (up 1%)

  
  

Ada County is bustling with activity, showing a significant jump in new listings and pending sales. With listing and sold prices holding strong, it’s an exciting market for both buyers and sellers.

Canyon County Highlights

• New Listings: 107 (up 29%)

• Average Listing Price: $527,132 (up 4%)

• Average Sold Price: $495,312 (up 7%)

• Total Active Listings: 898 (down 1%)

• Pending Listings: 70 (down 9%)

• Months of Inventory: 2.1 (down 1%)

  
  

Canyon County remains an excellent option for those looking for value. With a modest increase in average sold prices, the market continues to provide opportunities for first-time buyers and investors.

What This Means for You

• Buyers: Ada County's surge in new listings offers plenty of choices, while Canyon County presents affordability and value.

• Sellers: With pending sales rising in Ada County, now’s the time to list your property. Competitive pricing can help your home sell faster.

• Investors: Both counties maintain consistent activity, with Ada County signaling heightened buyer demand.

Your Next Step with House of Palmer

Whether you’re ready to explore available listings, need market advice, or are curious about selling your property, House of Palmer | Idaho Real Estate is your trusted local partner. We combine our expertise with a personalized approach to ensure your real estate goals are met with ease and success.

📞 Contact us today to discuss your needs or explore the latest listings: www.houseofpalmer.co

Let’s make 2024 the year you find your perfect home or make your best investment! 🌟