January 2024 Market Report

ADA COUNTY

Median Sales Price ($)

Jan was the lowest single-family home MSP we’ve seen since Mar 2023.

Days on Market

New construction accelerated from 59 days in Dec 2023 to 56 days in Jan, the only sector with quicker month-over-month speeds.

Inventory

Existing/resale saw the greatest shrink in options, slipping from 825 available properties to 656.

CANYON COUNTY

Median Sales Price ($)

The single-family home MSP dipped below the $400k threshold for the second time in the past 9 months.

Days on Market

New construction’s market times were nearly cut in half compared to Jan 2023.

Inventory

Jan’s overall inventory in Canyon County dwindled to the smallest selection we’ve seen since May 2023.

Provided by Boise Regional REALTORS® | Data from the Intermountain MLS

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