December 2024 Market Report

ADA COUNTY

Median Sales Price ($)

• December 2023
• December 2024

• December 2023
• December 2024

The MSP of these homes in December was $10K less than similar aged homes sold in November.

Days on Market

• December 2023
• December 2024

• December 2023
• December 2024

New homes sold in December were on the market longer than existing homes.

Inventory

• December 2023
• December 2024

• December 2023
• December 2024

Inventory of existing homes continues to decrease at a faster rate than inventory of new homes (28.7% drop compared to 4.5%). Currently, 57% of all homes in inventory are new homes.

CANYON COUNTY

Median Sales Price ($)

• December 2023
• December 2024

• December 2023
• December 2024

The Median Sales Price (MSP) dipped slightly (1.6%) in December.

Days on Market

• December 2023
• December 2024

• December 2023
• December 2024

New homes sold in December were on the market longer than existing homes.

Inventory

• December 2023
• December 2024

• December 2023
• December 2024

A healthy inventory of new homes appears to still be present in December and priced very similarly to those that are currently pending.

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