December Market Report

ADA COUNTY

Median Sales Price ($)

We haven’t seen the MSP dip below $517,000 since December 2022 — a $13K decrease compared to November 2023.

Days on Market

Homes that sold for $200,000-$400,000 sold at an average of 30 days versus 41 days for $1,000,000+ homes.

Inventory

Just three months ago (September), we were at nearly double the current inventory for resale.

CANYON COUNTY

Median Sales Price ($)

Single-family homes sold for approximately $11K more than Nov 2023 with 7 homes selling for more than $1M.

Days on Market

New construction slowed the most, waiting nearly 20 days longer than the month before.

Inventory

Resale homes remain hungry for new listings, sitting at only 1.6 months of supply.

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