Treasure Valley Market Update: November 2 to 8, 2026
The Treasure Valley housing market entered November at a slower pace, with fewer new listings and closed sales across both Ada and Canyon Counties.
However, even as weekly activity declined, median sold prices increased in both counties, showing that the latest market numbers tell more than one story.
Here's a closer look at what happened during the first full week of November.
📍 Ada County | Fewer Listings, Higher Median Prices
Ada County recorded 211 new listings, down 20% from the previous week, while 173 homes sold, a 15% decrease.
Despite the slowdown in transactions, the median sold price increased 3% to $562,000.
Other key figures include:
Median listing price: $650,000, up 18%
Active listings: 2,261, down 3%
Pending sales: 207, up 2%
Months of inventory: 2.3
While fewer homes entered the market and fewer sales closed, pending activity remained relatively steady. This suggests buyers are still making moves, even as the number of available homes begins to decrease.
📍 Canyon County | Activity Slows After a Busy Week
Following a particularly active finish to October, Canyon County experienced a noticeable slowdown.
New listings dropped 45% to 97 homes, while closed sales declined 23% to 92.
The median sold price increased slightly to $428,998, up 1% from the previous week.
Additional highlights include:
Median listing price: $460,000, essentially unchanged
Active listings: 1,277, down 1%
Pending sales: 98, down 13%
Months of inventory: 2.6
These changes follow a week of unusually high listing and sales activity, so the latest numbers may reflect a return to a more typical seasonal pace rather than a significant shift in market conditions.
What This Means for Buyers and Sellers?
As November gets underway, the Treasure Valley market is showing signs of seasonal moderation.
For buyers, fewer new listings may mean a smaller selection of fresh properties, but opportunities will continue to vary by neighborhood and price range.
For sellers, homes are still going under contract, making competitive pricing and strong presentation important as the holiday season approaches.
It's also worth remembering that weekly median prices can fluctuate based on the types and price ranges of homes sold, so one week's increase doesn't necessarily indicate a broader rise in home values.
Looking Ahead to November
With the holidays approaching, we'll be watching how inventory, buyer activity and home prices continue to develop across Ada and Canyon Counties.
For more local housing market updates and real estate insights throughout Southwest Idaho, stay connected with House of Palmer | Idaho Real Estate.
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