October 2024 Market Report

ADA COUNTY

Median Sales Price ($)

The Median Sales Price increased slightly this month, driven by an 8% increase in the median price of new construction homes.

Days on Market

Single-family homes’ Days on Market declined slightly, nudged by a 12%+ dip in Days on Market for new homes.

Inventory

The resale homes that remain in inventory have been on the market for over two months on average.

CANYON COUNTY

Median Sales Price ($)

Median Sales Price declined slightly in October. This decline in sales price was seen with both new and existing (resale) homes.

Days on Market

A significant portion of resale homes continue to be sold within the first 30 days. For new homes, over 30% were on the market for over 90 days in October driving that average up.

Inventory

Inventory of new homes and resale homes both declined in October, but remain higher than this time last year.

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