May 2024 Market Report

ADA COUNTY

Median Sales Price ($)

Resale’s MSP remains a hefty $30k more than May 2023.

Days on Market

Gone are the 40-50 DOM trends we saw from Dec-Feb for existing homes. This month’s DOM stayed in the 20’s in May.

Inventory

Ada County had the most available units for all sectors in 18 months in May

CANYON COUNTY

Median Sales Price ($)

Canyon’s MSP for all sectors took a $10k breather from Apr 2024.

Days on Market

Market times are warming up as we get closer to summer and dipped by 7 days from Apr 2024.

Inventory

Existing options expanded a steep 69% from May 2023’s 336 home inventory.

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

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