Ada County Housing Market, Week of October 26, 2026

Ada County Market Pulse

Week of October 26 · from Brooke Belanger's team

This week's lean

Sellers held the cards this week.

Signed prices firmed and buyers moved quickly. Demand did the talking this week.

What moved · resale · vs last week

The full board · vs last week

Signed = went under contract. Days = median time on market for listings, or median time to contract for signed. Exact figures in the story below.

Builders in Ada County are blinking. Brand new homes for sale grew for a 12th week in a row, each week since the week of August 10. Asking prices on those homes dropped this week. Only 114 new homes went under contract, the lowest of any saved week.

Resale is moving the other way. Fewer used homes are for sale, and sellers have raised asking prices five weeks in a row. If you are buying, where you shop matters more than it has in a while.

Existing homes

The typical asking price on a resale home is $636,760, up $6,900 from last week. It has risen five weeks in a row, each week since the week of September 28. Supply is tightening. There are 851 resale homes for sale, down 24 for the week and down three weeks in a row since the week of October 12. Compared with the week of October 27, 2025, that count is down 149. Sellers face less competition than they did a year ago.

What buyers actually sign for is still well below the asking number. Resale homes under contract had a median price of $549,850, up $7,500 from last week. Buyers also stepped up a little, with 460 homes under contract, 12 more than last week. Both figures have risen two weeks in a row, since the week of October 19.

On timing, resale homes that went under contract took a median of 19 days to get there, 2 days slower than last week. Homes still for sale have been sitting a median of 35 days, unchanged. Sellers, price to the signed numbers, not the asking numbers, and a well-priced home still moves in under three weeks.

New construction

There are 549 new homes for sale, up 25 this week. Since the week of September 28, that count is up 80. The median asking price fell $7,494 to $592,442, which is below the typical resale asking price.

The signed numbers fell harder. New homes under contract had a median price of $567,901, down $9,937, and that price has dropped two weeks in a row since the week of October 19. The ones that sold took a median of 72 days to go under contract, up 6 days and slower three weeks in a row since the week of October 12. New homes still for sale have been listed a median of 71 days, up 3.

Back in the issue for the week of October 19, I said builders sitting on this many homes would negotiate. This week they started trimming price. Here is my take: more homes, fewer contracts and slower sales usually mean more room to bargain. Ask about price, closing costs and rate buydowns together.

The bigger picture

The 30-year fixed mortgage averaged 7.24% as of October 29, per Freddie Mac. That is down 0.08 percentage points from 7.32% as of October 22. It is a small step, but it helps at the margin. At rates in the 7s, a builder-paid rate buydown, where the builder pays to lower your rate, can do more for your monthly payment than a modest price cut.

Buyers, new construction is where your leverage is strongest right now. Resale buyers have less to choose from, but signed prices show room below the sticker. Sellers of resale homes, thinner supply works in your favor if your price matches what buyers are really paying. There is no reason to rush either way. If you want to talk through how this fits your plans, I am always happy to help.