The Treasure Valley real estate market delivered another steady month in April 2026, with the PTC Index landing at 314 points — a nice, consistent performance that largely mirrored the measured pace we saw throughout the first quarter of the year. While April’s momentum was somewhat tempered compared to the stronger swings often associated with spring, the market remains on solid footing. In many ways, this could simply be the calm before the storm as the busy season begins to kick into high gear across the Treasure Valley.
New Home Sales…
New home sales eased, dropping 10.5 percent month-over-month, though activity remained up 7.1 percent versus a year ago, signaling continued demand for newly built inventory.
Existing Home Sales…
Existing home sales delivered one of the strongest performances of the month, surging 34.2 percent from March and climbing 20.4 percent year-over-year. The increase suggests buyers are becoming more active as inventory conditions improve and the spring market gains traction.
Building Permits…
Building activity slowed noticeably in April as filings for building permits declined 46.8 percent from the previous month and fell 26.4 percent compared to April 2025
Average Treasure Valley Sales Price…
After several months of slight declines, average sales prices rebounded in April, increasing 1.3 percent from the previous month and rising 4.2 percent year-over-year. The recovery reinforces that pricing across the Treasure Valley remains stable despite ongoing affordability pressures.
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.