Treasure Valley Real Estate Market Update: August 25–31

contentbynani
Sep 2
2 min read

As August comes to a close, the Treasure Valley housing market is showing healthy activity with both Ada and Canyon counties reflecting strong buyer demand and steady listing growth.

Whether you’re thinking about buying, selling, or investing, here’s what this week’s numbers reveal.

🌍 Ada County Highlights

320 New Listings (up ⬆️ 4%)
$686,853 Avg. Listing Price (up ⬆️ 3%)
$628,375 Avg. Sold Price (up ⬆️ 5%)
267 Homes Sold (up ⬆️ 44%)
2,459 Total Active Listings (up ⬆️ 2%)
226 Pending Homes (down ⬇️ 6%)
2.7 Months of Inventory (down ⬇️ 1%)

Ada County had a big jump in homes sold—up 44%—while prices continued to trend upward for both listings and sales. With inventory still under 3 months, competition remains steady.

🌳 Canyon County Highlights

137 New Listings (steady ➡️ 0%)
$541,774 Avg. Listing Price (up ⬆️ 3%)
$456,184 Avg. Sold Price (down ⬇️ 6%)
128 Homes Sold (up ⬆️ 21%)
1,248 Total Active Listings (up ⬆️ 2%)
110 Pending Homes (up ⬆️ 3%)
2.6 Months of Inventory (steady ➡️ 0%)

Canyon County continues to attract buyers with a 21% increase in homes sold, even as the average sold price dipped slightly. New listings held steady, helping keep inventory balanced for late summer.

📈 What This Means for You

Buyers: Homes are moving quickly, especially in Ada County. Be ready to act fast with a strong, prepared offer.
Sellers: With sold prices trending upward and sales surging, this is a great time to list your home and take advantage of active demand.
Investors: Strong sales activity paired with modest listing growth indicates opportunities remain, particularly in Canyon County where prices are still more accessible.
Renters Considering Buying: As schools begin and fall approaches, it’s worth exploring your buying power—market activity shows that options are available across price points.