Regional labor market information
Southwestern Idaho’s single-family home sales – November 2023 and 2024
| Median price sold | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | $525,000 | $530,000 | -0.9% |
| Adams | $267,500 | $600,000 | -55.4% |
| Boise | $550,000 | $415,000 | 32.5% |
| Canyon | $414,995 | $398,990 | 4.0% |
| Elmore | $372,500 | $325,000 | 14.6% |
| Gem | $441,780 | $415,000 | 6.5% |
| Owyhee | $389,000 | $610,000 | -36.2% |
| Payette | $360,000 | $372,599 | -3.4% |
| Valley | $792,870 | $732,500 | 8.2% |
| Washington | $318,560 | $285,000 | 11.8% |
| Source: Intermountain Multiple Listing Service | |||
Figure 1b.
| Days on market | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | 42 | 41 | 2.4% |
| Adams | 60 | 65 | -7.7% |
| Boise | 73 | 55 | 32.7% |
| Canyon | 58 | 42 | 38.1% |
| Elmore | 81 | 31 | 161.3% |
| Gem | 68 | 52 | 30.8% |
| Owyhee | 54 | 62 | -12.9% |
| Payette | 64 | 56 | 14.3% |
| Valley | 84 | 79 | 6.3% |
| Washington | 57 | 19 | 200.0% |
| Regional average days | 64 | 50 | 27.7% |
| Source: Intermountain Multiple Listing Service | |||
Figure 1c.
| Inventory | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | 1,527 | 1,363 | 12.0% |
| Adams | 30 | 23 | 30.4% |
| Boise | 92 | 50 | 84.0% |
| Canyon | 1,008 | 840 | 20.0% |
| Elmore | 107 | 74 | 44.6% |
| Gem | 97 | 77 | 26.0% |
| Owyhee | 33 | 28 | 17.9% |
| Payette | 109 | 90 | 21.1% |
| Valley | 130 | 102 | 27.5% |
| Washington | 43 | 38 | 13.2% |
| Regional totals | 3,176 | 2,685 | 18.3% |
| Source: Intermountain Multiple Listing Service | |||
Figure 1d.
| Total homes sold | 2024 | 2023 | Change |
|---|---|---|---|
| Ada | 660 | 528 | 25.0% |
| Adams | 6 | 3 | 100.0% |
| Boise | 9 | 19 | -52.6% |
| Canyon | 390 | 291 | 34.0% |
| Elmore | 26 | 27 | -3.7% |
| Gem | 24 | 17 | 41.2% |
| Owyhee | 5 | 5 | 0% |
| Payette | 37 | 32 | 15.6% |
| Valley | 20 | 16 | 25.0% |
| Washington | 14 | 7 | 100.0% |
| SW sold and % change | 1,191 | 945 | 26.0% |
| Source: Intermountain Multiple Listing Service | |||
| Nov-23 | Nov-24 | % change | # change | |
|---|---|---|---|---|
| Unique postings | 9,199 | 7,276 | -20.9% | -1,923 |
| Days posted | 11 | 22 | 100.0% | 11 |
| Number of employers | 2,332 | 1,859 | -20.3% | -473 |
| Advertised wage | $21.23 | $28.00 | 31.9% | $6.77 |
| Share wage advertisements | 43% | 51% | 18.6% | 8% |
| Source: Help Wanted Online data via Lightcast |
| Top 10 occupations by unique job postings in southwestern Idaho | Postings, Nov-24 | Postings, Nov-23 | Year over year % change |
|---|---|---|---|
| Retail salespersons | 204 | 197 | 3.6% |
| Registered nurses | 263 | 364 | -27.7% |
| Customer service representatives | 119 | 187 | -36.4% |
| Computer occupations, all other | 261 | 170 | 53.5% |
| Sales representatives, wholesale, manufacturing, except technical and scientific products | 181 | 147 | 23.1% |
| Software developers | 228 | 102 | 123.5% |
| First-line supervisors of retail sales workers | 132 | 132 | 0% |
| Laborers, freight, stock, material movers and hand | 96 | 113 | -15.0% |
| Project management specialists | 65 | 64 | 1.6% |
| Fast food and counter workers | 56 | 93 | -39.8% |
| Source: Help Wanted Online data via Lightcast |
Regional news
Ada County
- The U.S. Treasury’s Social Impact Partnership to Pay for Results Act awarded $6.6 million to the city of Boise, one of six communities that received this grant. It will supplement the city’s initiative to build and sustain 250 new homes for individuals to transition out of homelessness. The initiative and the new funding will be incorporated into the cooperative effort of the Supportive Housing Investment Fund (SHIF) which works with the Idaho Community Foundation. The city has already contributed $7.5 million in seed funding to SHIF, ultimately supporting 143 homes towards the goal of 250 homes. New Path Community Housing has already reported over $8.8 million in cost savings for the program’s first five years. Idaho Policy Institute will receive an additional $1 million for independently monitoring the outcome of the funding and tracking the continued savings. Source: Idaho Business Review
- Alaska Airlines started direct flights to Bozeman, Montana, and Orange County, California. The Bozeman flight will be offered five times weekly through mid-March and is Boise’s only direct flight to Montana. Meanwhile, Avelo Airlines dropped flights between Boise and Hollywood Burbank Airport due to competition from Southwest and Alaska Airlines. Source: Idaho Press and Idaho Statesman
- The Boise Bicycle Project gave away 634 bikes to kids under the age of 11 for Christmas. There is a block party for the distribution of bikes to the children complete with a chance to get helmets, locks, lights and a riding course with mentoring from volunteers. Volunteers also dedicated the previous year to fixing up the donated bikes, so they are safe and shiny for the new rider. Source: Idaho News 6
- City of Good and Create Common Good signed an agreement to combine resources under the City of Good umbrella. There will be no layoffs or staff reductions as the current combined payroll is 15 people with plans to hire more. The City of Good started in 2020 paying the out of work restaurant workforce to make meals for those in need. It then broadened to providing a weekend’s worth of fresh food to elementary school kids who were experiencing food scarcity. Create Common Good was established in 2008 to provide food service training and placement to refugees, women escaping domestic violence and people overcoming addiction. It also works with the Idaho Department of Correction to help those recently released from prison transition back into society. There is sufficient commonality between the two nonprofits to see some efficiencies and reductions in expenses as they share staff, equipment, vehicles, kitchens, infrastructure and development plans. Source: Idaho Statesman
- Boise State University closed its Diversity, Equity and Inclusion Center and is transitioning to a new Student Connections and Support Center. The center will have the same staff with just a different name and broader mission. There will be a new program to assist first-generation college students in all areas of growth including academic, career and personal. The center will provide a campus clothing closet with case management available, along with crisis intervention services, assistance in reporting acts of violence and resources for navigating campus life. Source: KTVB News
- West Ada School District employees are now required to report allegations of discrimination or harassment. This occurred after parents pushed for the mandatory requirement. Source: Idaho Education News
Canyon County
- Caldwell School District has hired Eagle Eye Security, a private security contractor, to provide services to its middle schools and high school. The trustees voted to allow the officers to carry pepper spray, tasers and rifles to protect the students. Formerly, the school district had sufficient funding to hire Caldwell Police Department officers as staff school resource officers. Source: KTVB News
Gem County
- Numerous county offices will be relocated to the former Emmett Community Bible Church as it constructs a new place of worship. The chambers for the county commissioners, the county assessor, the Department of Motor Vehicles and the planning and zoning will be co-located in the space after construction of the church is complete and potential renovations are approved. This allows the county to combine services under one roof. Source: Emmett Messenger Index
Openings
- KPot Korean BBQ & Hot Pot opened its all-you-can-eat restaurant in Meridian in the former Sizzler location. Source: Idaho Statesman
- Nara Ramen opened its fifth location in the Treasure Valley, this time in Meridian at the former Homestead Bar and Grill venue. Source: Idaho Statesman
Closures
- Biscuit & Hogs closed its Meridian location with a sign on the door stating it was permanently closed. Source: Idaho Statesman
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