May 2021 Market Report for the Treasure Valley (Source: Boise Regional REALTORS®)

Dated: June 11 2021

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ADA COUNTY'S MEDIAN SALES PRICE PASSED THE $500,000-MARK IN MAY

The median sales price for homes in Ada County reached a new record of $523,250 in May, up 8.7% compared to April 2021. Crossing this threshold may have been anticipated by some, considering the recent report from realtor.com shared by the Idaho Statesman noting the Boise metro’s price growth was the highest in the country over the past four years. Learn More

 
ELMORE COUNTY HOUSING MARKET UPDATE


Competitive market conditions continued in May as the average number of days between when a home was listed for sale and an offer was accepted dropped to a record eight days – five days faster than in April 2021. Not only did buyers pick up properties more quickly than ever before, nearly 70% of all home buyers who closed in May were willing to pay over list price. Learn More

 
GEM COUNTY HOUSING MARKET UPDATE
 

In May 2021, the median sales price for homes in Gem County reached $334,000, an increase of 1.1% compared to April 2021. Due to the smaller number of transactions that occur in the area, we use a rolling 12-month median sales price to get a better idea of the overall trends. In addition to the insufficient supply of available homes compared to demand, another factor putting upward pressure on prices was that more than half of all buyers paid over list price on homes that closed in May. Learn More

 
REPORTS AND GRAPHICS

ADA COUNTY MARKET STATS

Ada County Market Report | City Statistics Report | Condos, Townhomes, and Mobile/Manufactured Homes Report | Ada County Snapshot | Ada County Existing Snapshot | Ada County New Construction Snapshot

CANYON COUNTY MARKET STATS (Members Only Benefit*)
Canyon County Market Report | City Statistics Report | Condos, Townhomes, and Mobile/Manufactured Homes Report | Canyon County Snapshot | Canyon County Existing Snapshot | Canyon County New Construction Snapshot

ELMORE COUNTY MARKET STATS
Elmore County Market Report | City Statistics Report | Elmore County Snapshot

GEM COUNTY MARKET STATS
Gem County Market Report | City Statistics Report | Gem County Snapshot

“Data from Boise Regional REALTORS® (BRR) and the Intermountain MLS (IMLS) as of June 11, 2021. These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. The IMLS and BRR provide these statistics for purposes of general market analysis but make no representations as to past or future performance.”

“Data from the Intermountain MLS as of June 11, 2021”. 

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Rebecca Van Camp

I strive to be the REALTOR®|Broker that I would refer to my family and friends and I will work hard to ensure that you receive exactly that during your experience in working with me. I enjoy all a....

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