April 2024 Market Report

ADA COUNTY

Median Sales Price ($)

Resale homes recovered slightly from MOM hikes in Apr, easing by nearly $2k compared to Mar 2024.

Days on Market

Single-family market speeds accelerated to Summer 2023 speeds this month.

Inventory

With a spike in pending contracts, home sales, and market speeds, increased inventory is a welcome friend.

CANYON COUNTY

Median Sales Price ($)

Single-family homes added approx. $16k to their MSP from Mar to Apr 2024, up $40k from Apr 2023.

Days on Market

Canyon’s new build DOM was the only sector in BRR’s jurisdiction to experience a MOM slow-down.

Inventory

Like Ada, new inventory is combatting market demand.

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