Last year ended with a dip in Ada County median home sales prices, bringing the total change in median home values to less than 1%! It was .9% in resale homes and -.7 (down) in brand new homes. The number of homes sold was down 13% from the previous year, but pending deals went up 13%, possibly paving the way for a strong start to  2024.

 Ada County has provided a couple extra graphs showing values over time…enjoy!

In Canyon County, the median home sales prices were up 8.2% in resale homes, but down 2.9% in brand new homes, bringing the total change in median home values to less than 5.1%. It was .9% in resale homes and -.7 (down) in brand new homes.  Both the number of homes sold and inventory were down in the 30% range, creating a demand for resale homes. December’s slight bog in days on market, particularly in brand new homes relieved some pressure. Pending deals went up in resale homes for the first time in four months which will boost the upcoming closed sales in the 2C.