Canyon County 90-Day Real Estate Market

Canyon County 90-Day Real Estate Market

Sold Listings

• Average sold price: $506,942
• Median sold price: $438,926
• Average days on market: 43 days
• Median days on market: 22 days
• Average final list price: $510,763
• Average sale-to-final-list-price ratio: 99.4%
• Closed sales: 3,072

Takeaways for us: Closed sales show where transactions have landed, but they are backward-looking. Sellers should use them as context—not as the sole basis for today’s pricing.

Active Listings — The Current Competitive Set

• Active listings: 1,258
• Average asking price: $607,424
• Median asking price: $494,990
• Average days on market: 77 days
• Median days on market: 53 days
• Pending listings: 670
• Pending-to-active ratio: 53%
• Months of inventory: 2.5

Takeaways for us: The active market is the more relevant benchmark for our sellers right now. With 1,258 competing listings and an average of 77 days on market, buyers have meaningful alternatives and are comparing condition, presentation, location, and price in real time.

The 53% pending-to-active ratio indicates that there is still solid buyer activity, but not every listing is moving quickly. Pricing too high can cause a home to accumulate market time while better-positioned competitors attract attention first.

Pricing Guidance for Sellers

A strong pricing conversation should focus on:

1. The current competition: What buyers can choose from today.
2. Condition and presentation: Whether the home offers a clear advantage over competing listings.
3. Recent activity: Which active listings are going pending and which are sitting.
4. Strategic positioning: Pricing to generate attention early rather than planning on repeated reductions.

Takeaway for us: Sold properties help establish value, but active listings determine how difficult it will be to win today’s buyer. In this changing market, pricing against the competition is key, not simply against what sold previously.

Questions about your property and pricing it for today's market? Call us today!