Treasure Valley Market Update: May 5 – May 11

Spring is in full swing across the Treasure Valley, and this week’s real estate activity shows clear signs of momentum. Whether you’re buying, selling, or investing, Ada and Canyon counties are bringing solid movement and new opportunities across the board.

✨ Ada County Highlights:

• 434 new listings this week ↑ 18%

• Average listing price: $724,430 ↑ 10%

• Average sold price: $660,607 ↑ 5%

• 163 homes sold this week ↑ 32%

• 2,312 total active listings ↑ 6%

• 252 homes pending ↑ 4%

• 3.2 months of inventory ↑ 6%

✨ Canyon County Highlights:

• 175 new listings this week ↑ 30%

• Average listing price: $574,382 ↑ 8%

• Average sold price: $461,932 ↑ 1%

• 104 homes sold this week ↓ 28%

• 1,229 active listings ↑ 3%

• 130 pending homes ↓ 3%

• 3.1 months of inventory ↑ 3%

What This Means for Buyers: There’s more inventory hitting the market—especially in Canyon County—giving buyers more options to explore. While prices are still trending upward, being prepared with financing and a clear vision can help buyers move quickly and confidently.

What This Means for Sellers: Ada County sellers are seeing a strong bump in closed sales and pricing, which points to solid buyer activity. If you’ve been waiting for the right moment to list, this might be it. Canyon County sellers should keep in mind that more inventory also means more competition—so smart pricing and strong presentation are key.

What This Means for Investors: An increase in pending sales and stable inventory levels show investor confidence remains strong. Whether you’re flipping or buying to hold, now is a strategic time to evaluate your options, especially in higher-demand areas of Ada County.

What This Means for Renters: If you’re a renter watching prices climb, now is the time to start exploring ownership. With more homes coming on market, it may be the perfect moment to work with a trusted agent and run the numbers. You might be closer to homeownership than you think.

Ready to make a move or have questions about how to navigate this market?

🔗 Let’s connect and talk about your next step in Ada or Canyon County.

👉 Ready to chat real estate? Click here to connect with us—let’s talk about your next step. We’ve got a gorgeous listing on Madrigal Ave that might just be what you’re looking for. 😉

Whether you’re looking for your next home, planning to sell, or just curious about the numbers, House of Palmer is here to guide you with clarity, strategy, and care.