Staying on top of local market trends is key to making informed decisions, whether you’re buying, selling, or investing.
At House of Palmer, we’re dedicated to helping you navigate the Treasure Valley market with confidence. Let’s break down this week’s real estate numbers and what they mean for you!
Ada County Market Overview
New Listings: 198 (⬇ 20%)
Average Listing Price: $737,300 (⬆ 6%)
Average Sold Price: $578,040 (⬆ 4%)
Total Homes Sold: 146 (⬇ 6%)
Active Listings: 1,419 (⬇ 2%)
Pending Sales: 169 (⬇ 13%)
Months of Inventory: 1.9 (⬇ 2%)
📌 Key Takeaway: Despite a dip in new listings, home values remain strong with an increase in the average sold price. If you’re considering selling, demand is still high—it’s a great time to position your home for top dollar.
Canyon County Market Overview
New Listings: 162 (⬆ 13%)
Average Listing Price: $492,717 (⬇ 3%)
Average Sold Price: $434,451 (⬇ 1%)
Total Homes Sold: 88 (⬆ 9%)
Active Listings: 930 (⬆ 3%)
Pending Sales: 109 (⬆ 9%)
Months of Inventory: 2.3 (⬆ 2%)
📌 Key Takeaway: More homes are coming onto the market in Canyon County, giving buyers more choices. While prices have dipped slightly, buyer activity is picking up, meaning competition remains steady.
What This Means for Buyers & Sellers
🔹 For Buyers: If you’re looking to buy in Ada or Canyon County, now is a great time to explore options before the spring rush brings increased competition.
🔹 For Sellers: Home values are holding strong, but strategic pricing and preparation are crucial to stand out in a competitive market.
🏡 Looking for expert guidance? At House of Palmer, we provide tailored market insights to help you make the best real estate decisions. Whether you're buying, selling, or investing, we're here to help.
📩 Contact us today to discuss how these market trends impact your real estate goals!
Let’s make your real estate dreams a reality this year! 🏡
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