ADA COUNTY
MEDIAN SALES PRICE —
- There is currently almost a 10% gap between the median prices of new and resale homes.
- Lot size, square footage, and locations of new homes remained similar month-over-month despite an 8.5% price increase.
- Median price variations within age categories were significant. Several resale age brackets saw price increases in July while the overall category saw a decrease
HOMES SOLD —
- This is the 5th straight month sales have increased in Ada.
- Resale homes saw an overall increase in sales of 5.7% while new constructions saw a decrease of 5.2%, making 70% of total sales resale homes.
- Homes in the 1-5 and 6-10-year age categories saw the largest changes, seeing increases of 56.4% and 32% respectively. 11–20-year-old homes saw the largest decrease at 12.2% compared to the previous month.
PENDING SALES —
- This is the 2nd month that a slight decline in pending sales has been observed in Ada.
- Existing homes saw a sharper decrease in pending sales of 2.8% compared to new homes. This decrease in pending sales is directionally the opposite of changes in overall sales in June, where resale home volume increased.
- 35% of pending sales in June were new homes not set to close until August 2025 or later.
INVENTORY —
- There were 23% more resale homes than new homes in inventory in June. This trend has been consistent since April 2025.
- In Meridian, Eagle, and Boise there are proportionately more new homes in inventory than the proportion seen in overall sales in June. This implies that buyers are searching for resale homes in these areas and new homes may be remaining in inventory month over month.
DAYS ON MARKET —
- Days on the market remained at similar levels observed in May (down 1 day on average).
- Days on market continue to be lower in cities where resale homes make up most sales.
- New Homes, homes <1 year old, and 11–20-year-old had by far the highest DOMs during June, all at least 12 days higher than next highest category.
CANYON COUNTY
- June is the 2nd month the median price has increased.
- Price increases were most significant for new homes sold in June. A group of new homes sold in Middleton, Nampa, and Star were priced over $700K. These more expensive new homes were not included in homes sold in May.
- New home square footage increased by 5% in June which may be another contributing factor to the slight median sales price increase that occurred this month.
HOMES SOLD —
- The number of homes sold increased by 4.3% in June.
- There was a 27% increase in homes sold in Middleton from May to June. These homes were split evenly between new and resale homes.
- Younger resale homes saw significant increases in sales in June as well as a segment of new homes that were sold but yet to be built.
PENDING SALES —
- Half of homes currently pending sale will close later than July 2025.
- There is a sizeable (40% of June pending sales) segment of homes under construction that are pending sale. Around half of these homes are in Nampa and have an average price point of $550,000. This segment of homes is 30% higher than the overall number of new homes sold in June.
INVENTORY —
- Inventory increased for the 6th month in a row in June.
- Homes currently in inventory tend to be more expensive than the homes sold in June. Specifically, the volume of homes priced under $400K comprises a much smaller proportion of inventory when compared to the proportion of homes sold in June.
- Homes in inventory priced over $650 have been on the market for an average of 80 days.
DAYS ON MARKET —
- Days on Market dropped by 2 days on average in June.
- 37% of homes sold in June were priced 400K and under, these homes had the lowest average days on market out of all price segments. This signals a high buyer demand for homes at these prices.
- Homes priced from 401-550K had the longest days on market in June at around 52 days on average. 35% of all homes sold in June fell into these price buckets.
"Canyon County posted another month of price gains and increased sales, especially in communities like Middleton and Nampa. As buyer interest shifts toward more affordable options, a REALTOR® can help you compete effectively and understand where the opportunities are." ~Elizabeth Hume, Boise Regional REALTORS® 2025 President
To view the Treasure Valley homes currently for sale, CLICK HERE
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