📊 This Week’s Treasure Valley Market Update (June 30 – July 6)

contentbynani
Jul 8
2 min read

As we step into the heart of summer, the real estate market across Ada and Canyon County is moving with some notable shifts.

Whether you’re buying, selling, investing, or renting, understanding what these numbers mean can help you plan your next step.

📍 Ada County Market Snapshot

Market Highlights

210 New Listings This Week (⬇️29%)Fewer homes hitting the market means buyers have less fresh inventory to choose from.
$706,124 Average Listing Price (⬇️2%)Slight dip shows sellers adjusting prices to stay competitive in the summer market.
$666,262 Average Sold Price (⬇️1%)A small decrease, suggesting some successful buyer negotiations.
212 Homes Sold This Week (⬇️1%)Sales holding steady with last week, showing healthy buyer activity.
2,463 Total Active Listings (⬇️3%)Inventory still plentiful, but slightly tightening.
228 Homes Pending (⬆️2%)More homes are moving under contract, signaling buyer demand is alive and well.
3.1 Months of Inventory (⬆️4%)A balanced market gives both buyers and sellers fair negotiating power.

📍 Canyon County Market Snapshot

Market Highlights

111 New Listings This Week (⬇️24%)A drop in new homes means less fresh choice for buyers.
$508,151 Average Listing Price (⬆️1%)Sellers are staying firm, with a slight increase from last week.
$449,267 Average Sold Price (⬇️7%)A more noticeable drop, opening doors for buyers seeking deals.
104 Homes Sold This Week (⬇️19%)Fewer closings this week, which could point to buyers taking more time or contracts slowing.
1,273 Total Active Listings (⬇️1%)Inventory holding steady, keeping choices fairly stable.
91 Homes Pending (⬇️25%)A drop in pending sales may reflect some buyer hesitation or fewer contracts signed this week.
3.0 Months of Inventory (⬇️2%)Still a balanced market, slightly tighter than last week.

🏠 What Does This Mean for You?

✅ Buyers:Lower new listings make for tighter competition, but small drops in sold prices (especially in Canyon County) mean there are still good deals to be found.

✅ Sellers:With steady inventory and motivated buyers, this is still a strong time to list. Pricing strategically and making your home show-ready is key.

✅ Investors:The cooling in Canyon County sold prices could present opportunities for investment buys. Keep an eye on trends to maximize ROI.

✅ Renters:Market shifts influence future rental rates. Watching these trends is smart if you're thinking about transitioning to homeownership.

Need help navigating your next step? Whether you're buying, selling, investing, or looking to rent, Nina Palmer is here to guide you every step of the way.