December 2024 Market Report

ADA COUNTY

Median Sales Price ($)

The MSP of these homes in December was $10K less than similar aged homes sold in November.

Days on Market

New homes sold in December were on the market longer than existing homes.

Inventory

Inventory of existing homes continues to decrease at a faster rate than inventory of new homes (28.7% drop compared to 4.5%). Currently, 57% of all homes in inventory are new homes.

CANYON COUNTY

Median Sales Price ($)

The Median Sales Price (MSP) dipped slightly (1.6%) in December.

Days on Market

New homes sold in December were on the market longer than existing homes.

Inventory

A healthy inventory of new homes appears to still be present in December and priced very similarly to those that are currently pending.

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