January 2025 Market Report

ADA COUNTY

Median Sales Price ($)

When compared to December, a larger proportion of homes sold were new homes in January.

Days on Market

Nearly half (43%) of homes sold in January were on the market 30 days or less.

Inventory

A slight increase in resale home inventory was offset by a small decrease in new home inventory. This is the first MOM increase in resale inventory since August 2024.

CANYON COUNTY

Median Sales Price ($)

Median Sales Price increased by 4%, the largest increase seen since May 2023. The increase in Median Sales Price was more significant for resale homes.

Days on Market

Days on Market increased by 6 days on average in January.

Inventory

Currently 866 homes in inventory and 35% have been on the market more than 90 days.

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