ADA COUNTY
MEDIAN SALES PRICE —
- The slight increase in median sales price observed in November was driven by resale homes 21-50 years old. Areas where sales of homes 21-50 years old declined (Kuna and Meridian) saw the largest price increases for this home-type this month.
- Kuna offers the most affordable new homes in Ada. For the past 6 months, new homes in Kuna have had the lowest median sales price, with Meridian ranking second.
HOMES SOLD —
- In November, only 32 new homes were sold in Star. This is the lowest number of homes sold monthly in Star so far this year.
- Kuna, Meridian, and Star all saw decreased new home sales in November while Boise and Eagle maintained similar volume to last month.
- The decrease in resale home sales was driven by declines observed in Meridian and Kuna.
PENDING SALES —
- Across all age bands, resale homes that are currently pending sale have already experienced a price cut from the original price associated with the listing on average, most significant for resale homes 1-10 years old.
- 36% of homes pending sale are located in Meridian, this is over 100 more homes than the next closest city (Boise).
- Around 52% of homes currently pending sale are currently set to close by the end of 2025.
INVENTORY —
- New homes account for 54% of inventory and average $788K, more than $100K higher than the average price of new homes sold in November. In most cases, these homes have already seen modest price cuts, averaging around $10K.
- Madrone Heights, a subdivision in Kuna, currently has 50 homes in inventory all priced over $100K less than the median price a new home sold for in November.
DAYS ON MARKET —
- Resale homes sold in Boise continue to have the lowest days on market in Ada but the average days on market for these homes has increased every month since June.
- In November, the average days on market was higher for single family homes than any other month this year.
- Middle-aged resale homes in Meridian saw the largest change in average days on market in November, increasing by 12 days on average from October.
CANYON COUNTY
- When looking at the age of the homes sold, the median sales price increased for newer resale homes (<1-5 years) by 24.6%. This group of homes had the highest median sales price by $100,000.
- The median sales price of single family homes in Caldwell increased by almost 7%, bringing the median price slightly higher than Nampa.
HOMES SOLD —
- Sales decreased across the county by 25.1%, a bigger drop than was seen October to November in 2024.
- Sales declined most sharply in Caldwell (31%) and Middleton (34%). Nampa experienced the smallest drop in sales volume, down just 11%.
- New homes and those 6–10 years old saw the smallest sales declines, while homes 51+ years old experienced the largest decreases.
PENDING SALES —
- Despite the drop in sales volume, the number of pending sales is similar to October.
- The median price of pending sales is $452,490, slightly higher than the median price of homes sold in November.
- Over half of the pending sales (62%) are for new homes and the average price of these homes is $566,450.
- About half of the pending sales (49%) are in Nampa and nearly a third (32%) are in Caldwell.
INVENTORY —
- In addition to a dip in sales volume, there was also a dip in inventory.
- About 30% of homes on the market were added in November, the rest of the homes were on the market for an average of 108 days.
- 88 homes on the market (8%) have decreased their price by $50,000 or more. These homes have been on the market for an average of 174 days.
DAYS ON MARKET —
- Average days on market rose nearly 8 days in November to 58 days, but followed an 7-day drop in October.
- Newer resale homes (1–5 years old) and the oldest homes (81+) sold the fastest, averaging 29 and 27 days.
- Nampa saw the largest month-over-month increase in days on market, rising from 47 to 62 days.
- In Caldwell, average days on market remained steady from October to November despite higher median prices.
"Canyon County felt the seasonal slowdown in November, especially in sales volume, but prices held steady overall. Newer homes and new construction are still driving much of the activity, while some listings are adjusting after longer time on the market. It's a reminder that even in a slower month, well-priced homes still move." ~Elizabeth Hume, Boise Regional REALTORS® 2025 President
To view the Treasure Valley homes currently for sale, CLICK HERE
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