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Ada and Canyon County Market Update: January 13 - January 19, 2025

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Welcome to your go-to source for real estate insights in the Treasure Valley! Whether you’re planning to buy, sell, or simply stay informed, House of Palmer | Real Estate is here to guide you with expert advice tailored to your goals. Let’s explore the latest trends shaping Ada and Canyon counties this week.


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Ada County Market Trends


Ada County continues to show robust activity, with several indicators signaling a dynamic market:


  • New Listings: 256 properties hit the market this week—a 7% increase.


  • Average Listing Price: $560,774, reflecting a 24% drop, offering an excellent opportunity for buyers.


  • Average Sold Price: $818,409, up by 33%, highlighting the demand for high-value properties.


  • Total Active Listings: 1,466 properties, holding steady with last week’s numbers.


  • Pending Sales: 189 homes are under contract, marking a 6% rise.


  • Months of Inventory: 1.9 months, a 2% increase, keeping the market competitive.



Canyon County Market Trends


In Canyon County, the market remains strong, with gains in activity and prices:


  • New Listings: 116 properties listed—a solid 8% increase.


  • Average Listing Price: $564,804, reflecting a steady 7% gain.


  • Average Sold Price: $481,321, up 3%, offering affordable options.


  • Total Active Listings: 890 properties, dipping slightly by 1%.


  • Pending Sales: 98 homes pending—a remarkable 40% increase.


  • Months of Inventory: 2.1 months, signaling balanced opportunities for buyers and sellers alike.


What These Numbers Mean for You


If you’re a buyer, now is the time to explore the range of options available as new listings flood the market.


For sellers, increasing demand and rising sold prices make it the perfect time to attract motivated buyers.


At House of Palmer, we’re committed to making your real estate journey seamless and successful. From comprehensive market analysis to personalized advice, we’re here to help you achieve your goals in this evolving market.


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 2025 the year you find your perfect home or make your best investment! 🌟


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