February 2025 Market Report

ADA COUNTY

Median Sales Price ($)

There continues to be around a $30K difference in the Median Sales Price of new vs. resale homes, where new homes are priced higher. This gap has been consistent for the last three months despite changing sales volume.

Days on Market

Older resale homes (10+ years old) across Ada seem to have the lowest days on market, the majority have been on the market under 30 days.

Inventory

Like January, over half of homes in inventory are new homes. 86% of these new homes in inventory are located outside of Boise.

CANYON COUNTY

Median Sales Price ($)

Most resale homes sold in February (54%) were in Nampa and priced $20K lower and more likely to have smaller square footage than similar homes sold last month.

Days on Market

A group of 8 new homes sold this month were on the market over 200 days, affecting new build’s average.

Inventory

Resale homes added to inventory this month are mostly over 20 years old and located outside of Caldwell and Nampa. Despite being on the market under 30 days, they appear to have already reduced in list price.

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