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February 17-23 Market Update: What You Need to Know About Ada & Canyon County Real Estate

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The Treasure Valley real estate market is always shifting, and staying informed is the key to making smart decisions—whether you’re buying, selling, investing, or renting.


At House of Palmer, we’re here to break it all down for you so you can navigate the market with confidence. Let’s dive into the latest trends!

Cascade Lake

Ada County Market Overview


  • New Listings: 207 (⬆ 5%)

  • Average Listing Price: $729,746 (⬇ 1%)

  • Average Sold Price: $645,481 (⬆ 12%)

  • Total Homes Sold: 160 (⬆ 10%)

  • Active Listings: 1,431 (⬆ 1%)

  • Pending Sales: 154 (⬇ 9%)

  • Months of Inventory: 1.9 (⬆ 1%)


📌 Key Takeaway: Home values are holding strong in Ada County, with a noticeable increase in average sold prices. More homes are selling, but pending sales have slowed a bit. If you’re thinking about listing, this could be a great time to take advantage of rising home values.



Canyon County Market Overview


  • New Listings: 85 (⬆ 48%)

  • Average Listing Price: $539,719 (⬆ 10%)

  • Average Sold Price: $558,102 (⬆ 28%)

  • Total Homes Sold: 82 (⬇ 7%)

  • Active Listings: 907 (⬇ 2%)

  • Pending Sales: 97 (⬇ 11%)

  • Months of Inventory: 2.3 (⬆ 2%)


📌 Key Takeaway: Canyon County is seeing a surge in new listings while prices continue to climb. Buyers have more options, but homes are selling at higher prices—meaning sellers still hold leverage.


What This Means for You


🔹 For Buyers: More inventory in Canyon County means better choices, while Ada County’s strong home values indicate continued demand. If you’re looking to buy, now is the time to get ahead of spring competition.

🔹 For Sellers: Ada and Canyon County are both showing strong sold prices, meaning now is a great time to list your home while demand remains high. Let’s talk strategy to get you the best offer!

🔹 For Investors: Rising home values and increased listing activity suggest long-term growth potential in the Treasure Valley. If you're looking for rental or flip opportunities, now is the time to make a move.

🔹 For Renters: With home values increasing, it’s a good time to evaluate if buying makes more financial sense in the long run. Curious about your options? Let’s explore what works best for you.


🏡 Need expert real estate guidance?


At House of Palmer, we specialize in helping buyers, sellers, and investors navigate the ever-changing market. Let’s chat about how these trends impact your real estate goals!


📩 Contact us today—we’re here to help you make your next move with confidence!

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