Treasure Valley Market Update | June 1–7
- contentbynani
- Jun 9
- 3 min read
First Week of June
The first week of June brought continued activity across both Ada and Canyon County, with inventory remaining relatively stable while buyers continue to navigate a market that offers more opportunities than we've seen in recent years.
While both counties currently sit at 2.4 months of inventory, there are some notable differences between the two markets. Ada County continues to see higher price points and a larger number of active listings, while Canyon County remains an attractive option for buyers looking for more affordability and value.
📍 Ada County Market Snapshot
Ada County saw 362 new listings hit the market this week, a 7% increase from the previous week. New inventory continues to provide buyers with more choices, helping create a more balanced environment than we've experienced over the last several years.
The average listing price increased 5% to $790,950, while the average sold price rose 1% to $670,286, indicating that well-priced homes are still attracting strong buyer interest.
There are currently 2,062 active listings throughout Ada County, up slightly from the previous week. Pending sales also increased by 3%, showing that buyers remain active despite higher interest rates and seasonal competition.
Ada County Highlights:
362 new listings (+7%)
Average listing price: $790,950 (+5%)
Average sold price: $670,286 (+1%)
2,062 active listings (+1%)
265 pending sales (+3%)
2.4 months of inventory (+2%)
What This Means
For buyers, inventory continues to improve, creating more opportunities to shop carefully and negotiate when appropriate. For sellers, homes that are priced competitively and presented well are still finding buyers, but today's market requires more strategic pricing than in previous years.
📍 Canyon County Market Snapshot
Canyon County remains one of the Treasure Valley's most active and affordable housing markets.
This week brought 132 new listings, down 13% from the previous week, while active inventory decreased slightly to 1,090 homes available.
The average listing price decreased 2% to $550,259, while the average sold price fell 5% to $487,936. Despite these price adjustments, buyer activity remained strong, with pending sales increasing by 8%.
Perhaps the most encouraging number for Canyon County sellers is the increase in closed sales. A total of 142 homes sold this week, representing a 4% increase from the prior week.
Canyon County Highlights:
132 new listings (-13%)
Average listing price: $550,259 (-2%)
Average sold price: $487,936 (-5%)
1,090 active listings (-2%)
141 pending sales (+8%)
142 homes sold (+4%)
2.4 months of inventory (+3%)
What This Means
Canyon County continues to offer attractive opportunities for buyers seeking more affordable options within the Treasure Valley. The increase in pending sales suggests that demand remains healthy, even as pricing adjusts slightly from recent highs.
Looking Ahead
As we move further into June, the Treasure Valley enters one of its busiest real estate seasons. More inventory is giving buyers additional options, while sellers continue to benefit from steady demand and relatively low inventory levels compared to historical averages.
The coming weeks will be important to watch as summer activity continues to build across both Ada and Canyon County.
Whether you're considering buying, selling, investing, or simply keeping an eye on the market, staying informed about local trends can help you make more confident decisions.
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Helping You Navigate the Treasure Valley Market
Real estate is about more than numbers. Understanding local trends, inventory levels, pricing shifts, and community growth can help you make informed decisions whether you're buying your first home, upgrading, downsizing, or investing.
At House of Palmer | Idaho Real Estate, we're committed to providing local insight, market knowledge, and personalized guidance every step of the way.
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