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Wednesday, March 16, 2016

Canyon County Home Inventory Lowest In 7 Years

The number of homes for sale in Canyon County in February 2016 was at 751, down 25.6% year-over year. The last time inventory in the county reached that point, was June of 2008. The lowest point on record was in July 2007 when inventory was around 560 homes for sale.



For sellers who are in the market, many are enjoying the increased prices that are a result of  low supply. In February 2016, the median sales price for Canyon County existing homes was at $176,114, up 18.5% year-over-year.                                                                             (information and chart from myacar.com)

 

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