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.
With spring in full swing, home buyers’ and sellers’ focus typically shifts to spring break vacations and enjoying the warmer weather. Despite this, March activity across the Treasure Valley held up remarkably well.
New home sales posted significant gains in March, up nearly 44 percent from the month prior but down nearly four percent from a year ago.
Existing home sales skyrocketed 44 percent from the month prior but are down nearly 30 percent from March 2020…
Building permits increased 36 percent in March versus February – a three percent increase from a year ago…
The Treasure Valley continues to see an increase in the average sales price (ASP) for homes in Ada and Canyon county at $476,818 which is nearly a four percent increase from February’s ASP. This increase represents a nearly 32 percent increase from a year ago….
Click here to see a full report on the Treasure Valley real estate market and be sure to visit PTCIndex.com for full historical data.
