The PTC Index is a monthly measurement of the vibrancy of the Treasure Valley real estate market. Based on a custom weighted algorithm, it combines nine critical measurements of the real estate market into a single, useful number: the PTC Index.

February 2021 proved to be another strong month landing at 449 points on the PTC Index – the strongest February on record. Check out charts below to learn more…

New homes sales increased by eight percent from the month prior though they are down by just under 15 percent in the year-ago time period…

Existing home sales fell off slightly in February as well by 13 percent; compared to February 2020, existing home sales fell by 35 percent…

Building permits were slightly down by four percent from the month prior but above last year’s filings by about three percent…

The average sales price in both Ada and Canyon County remained steady and is up 30 percent from a year ago landing at $460,480; Ada posted an average sales price of about $526,197 while the Canyon County average sales price landed at $394,299…

Click here to see a full report on the Treasue Valley real estate market and be sure to visit PTCIndex.com for full historical data.