The Treasure Valley real estate market made significant gains in several key sectors in March 2025, providing a strong foundation as we head into the busy spring season. Historically, this time of year can be slower, but the latest data suggests growing momentum in both new and existing home sales, alongside steady price appreciation and refinancing activity. These tailwinds helped propel the latest PTC Index to 234 points.
New Home Sales…
New home sales climbed 29.3 percent compared to January, with a year-over-year increase of about five percent.
Existing Home Sales…
Existing home sales also surged, rising 28 percent from the previous month and an impressive 21.7 percent from February 2024.
Building Permits…
Building permit filings fell nearly 30 percent compared to January. However, this figure remains a remarkable 33.2 percent higher than in February 2024, indicating long-term growth and sustained builder confidence in the region’s demand for housing.
Average Treasure Valley Sales Price…
Home values in Ada and Canyon County continue their upward trajectory, with the average sales price increasing by nearly one percent from January. More notably, prices are up over five percent year-over-year, reflecting the region’s sustained demand and appreciation in property values.
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.
Be sure to visit PTCIndex.com for full 10-year historical data.
