Treasure Valley Real Estate Market Update: May 19–25

contentbynani
May 27
2 min read

As the weather warms up, so does the real estate activity across the Treasure Valley. This past week, both Ada and Canyon Counties continued to show signs of strong movement, especially in sold prices and overall buyer activity.

Whether you’re house-hunting, thinking of selling, or considering investing, here's a breakdown of what you need to know this week:

🌍 Ada County Highlights:

288 New Listings (down ⬇️ 14%)
$727,139 Avg. Listing Price (up ⬆️ 8%)
$684,189 Avg. Sold Price (up ⬆️ 10%)
199 Homes Sold (down ⬇️ 2%)
3.3 Months of Inventory (steady)

The average sold price rose a solid 10% over last week, showing that buyers are still stepping up for quality homes in Ada County. While listings dropped slightly, inventory levels are holding strong, keeping the market moving without overheating.

🌳 Canyon County Highlights:

137 New Listings (up ⬆️ 5%)
$530,656 Avg. Listing Price (up ⬆️ 7%)
$435,518 Avg. Sold Price (up ⬆️ 14%)
112 Homes Sold (up ⬆️ 13%)
3.1 Months of Inventory (slightly down)

Canyon County continues to be a strong option for both first-time buyers and investors. With a 14% jump in average sold price and growing new listings, this area is picking up steam without pushing out affordability just yet.

📈 What This Means For You:

Buyers: Don’t wait too long! Prices are ticking up, especially in Canyon County. A well-prepared offer and flexible timeline could make all the difference.
Sellers: This is a great time to list. With active buyers and rising sold prices, homes priced right are moving.
Investors: The upward trends in sold prices and consistent demand indicate this summer could be a prime window for adding to your portfolio.
Renters Thinking About Buying: With inventory stable and rates fluctuating slightly, now is a great time to explore your purchasing power. You might be closer to homeownership than you think!

At House of Palmer, we’re here to help you navigate each step of your real estate journey—from exploring your options to negotiating a strong deal. Let’s talk about your next move!

🔗 Contact Us Today or send us a message to chat!