Treasure Valley Market Update

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578

# Homes Sold

-6.3%

vs. Last Year

$318K

Median Sales Price

49

Days on Market

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January 2019 Stats for Canyon County

274

# Homes Sold 

+3.0%

vs. Last Year

$235K

Median Sales Price

49

Days on Market

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44

# Homes Sold 

+12.8%

vs. Last Year

$166K

Median Sales Price

53

Days on Market

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January 2019 Stats for Gem County

13

# Homes Sold 

-27.8%

vs. Last Year

$198K

Median Sales Price

59

Days on Market

February 2019 Market Update

➡️Average Home Price in Ada County= $318,000
➡️Number of homes sold in Ada County is down 6.3% vs. Jan. 2018.
➡️
The decrease in homes sold could be due to the inventory shortage and the price point being too high for many buyers. However, we still have a large population of people relocating to the area and the job market is getting stronger.

January 2019 Market Update

➡️Average Home Price in Ada County= $324,950
➡️Number of homes sold in Ada County is down 15% vs. Dec. 2017 due to the inventory shortage.  
➡️According to the U-Haul annual migration trends report, Idaho is ranked as the #5 growth state. 

December 2018 Market Update

➡️Average Home Price in Ada County= $324,250
➡️Number of homes sold in Ada County is down 3.5% vs. Nov. 2017  
➡️Things may slow down some but people are still relocating to the Boise area because of the low cost of living and great quality of life we offer. 

For a year-end residential market report for the entire 2018 calendar year: CLICK HERE

How do these numbers affect you? 

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