Ada County Home Sales Jump 10% in July Despite Higher Rates
Posted by Lisa Kohl on
As more homes come to market across the Treasure Valley, the number of home sales remain steady, underscoring the market’s resilience in the face of elevated mortgage rates.
In Ada County, the median sold price in July was $549,450, a modest 0.8% increase year over year. Canyon County home prices were $429,900, up 1% from July 2024.
Listings averaged 23 days on market in Ada County, while Canyon County listings averaged 26 days, both in line with seasonal expectations and a far cry from the fast-paced market of recent years.
Sales activity surged in July, with 900 homes closing in Ada County, up more than 10% from last year, marking the busiest month since December 2021 during the peak of the post-pandemic real estate wave. That level of…
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