December Market Report

December Market Report

ADA COUNTY

Median Sales Price ($)

  • December 2022
  • December 2023
  • December 2022
  • December 2023
We haven’t seen the MSP dip below $517,000 since December 2022 — a $13K decrease compared to November 2023.

Days on Market

  • December 2022
  • December 2023
  • December 2022
  • December 2023
Homes that sold for $200,000-$400,000 sold at an average of 30 days versus 41 days for $1,000,000+ homes.

Inventory

  • December 2022
  • December 2023
  • December 2022
  • December 2023
Just three months ago (September), we were at nearly double the current inventory for resale.

CANYON COUNTY

Median Sales Price ($)

  • December 2022
  • December 2023
  • December 2022
  • December 2023
Single-family homes sold for approximately $11K more than Nov 2023 with 7 homes selling for more than $1M.

Days on Market

  • December 2022
  • December 2023
  • December 2022
  • December 2023
New construction slowed the most, waiting nearly 20 days longer than the month before.

Inventory

  • Single-Family Homes
  • Existing/Resale
  • New Construction
  • Single-Family Homes
  • Existing/Resale
  • New Construction
Resale homes remain hungry for new listings, sitting at only 1.6 months of supply.

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