The Treasure Valley Report APRIL 2017
Published by your trusted real estate advisors from Coldwell Banker Tomlinson Group. Š Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Coldwell Banker and the Coldwell Banker logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information herein is taken from Intermountain Multiple Listing Service and is deemed reliable but is not guaranteed and should be independently verified. MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
1
Yearly Residential Sales Ada County
12000
11048
9553
10000 8124
8000
7115
6839 6000
7963
5154
5683
6172
6498
4000
2808
2000
0 2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
APRIL 2017 YTD
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
2
Yearly Residential Sales Canyon County
5000
4542
4500 3996 4000 3315
3500
3094
3000
3471
3283
3245
3054
2646
2500
2217
2000 1500 1000
1178
500 0 2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
APRIL 2017 YTD
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
3
Monthly Average Sales Price Comparison 2016/2017 Ada County
$289,434
Sept
Oct
$275,037
$287,100
Aug
$283,409
$290,563
$283,220
$290,683
$278,702
$293,131
$272,751
$287,412
$270,368
$297,990
$272,118
$274,577
$250,000
$265,905
$300,000
$200,000
$150,000
$100,000
$50,000
$0 Jan 2016
Feb
Mar
Apr
May
June
2017
MODIFIED ON 5/10/17 2:06 PM
July
Information pulled on 5/10/17
Nov
Dec
4
Monthly Average Sales Price Comparison 2016/2017 Canyon County
$165,000 $160,000
$166,146
$186,069
$186,852
$188,782
$189,853
$193,687
$192,873 $184,147
$180,041
$170,000
$184,214
$175,000
$169,215
$180,000
$180,327
$185,777
$185,000
$190,131
$190,000
$198,462
$195,000
$186,320
$200,000
$155,000 $150,000 $145,000 Jan 2016
Feb
Mar
Apr
May
June
July
Aug
2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
Sept
Oct
Nov
Dec
5
Active Listings by Price Range Ada County
$250,000-$299,999 291 $300,000-$399,999 449
$200,000-$249,999 289
PRICE RANGE
$160,000$199,999 70
$400,000-$499,999 234
$500,000-$699,999 179
$120,000-$159,999 13 $1,000,000+ 69
$120-000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000-$699,999 $700,000-$999,999 $1,000,000+ TOTAL
#
13 70 289 291 449 234 179 106 69 1687
$700,000-$999,999 106
AS OF APRIL 30, 2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
6
Active Listings by Price Range Canyon County
$160,000-$199,999 127
$200,000-$249,999 165
$250,000-$299,999 110
$120,000-$159,999 47
$100,000-$119,999 13
$300,000-$399,999 93
PRICE RANGE
#
$100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000+ TOTAL
13 47 127 165 110 93 50 47 652
$500,000+ 47 $400,000-$499,999 50
AS OF APRIL 30, 2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
7
Sold Listings by Price Range Ada County
$200,000-$249,999 238
$250,000-$299,999 135
$160,000-$199,999 149
$120,000-$159,999 25
$300,000-$399,999 177 $400,000-$499,999 69
$1,000,000+ 4 $700,000-$999,999 17
PRICE RANGE
#
$120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000-$699,999 $700,000-$999,999 $1,000,000+ TOTAL
25 149 238 135 177 69 32 17 4
846
$500,000-$699,999 32
APRIL 2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
8
Sold Listings by Price Range Canyon County
$120,000-$159,999 126 $160,000-$199,999 94
$100,000-$119,999 19
$500,000+ 1
$250,000-$299,999 32
$200,000-$249,999 65
$400,000-$499,999 $300,000-$399,999 11 10
PRICE RANGE
#
$100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000+ TOTAL
19 126 111 65 32 10 11 1
375
APRIL 2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
9
Absorption Rate Current Inventory, Ada & Canyon Counties
25
24
25 20 15
11
10 5 0
0
1
0
1
1
2
2
3
3
4
3
6
4
6
Ada Canyon
7
0
0
“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market. APRIL 2017 YTD
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
10
Sales Activity: Resale vs. New Construction Ada County / Canyon County
New Construction, 70, 18%
New Construction, 183, 22%
Resale, 666, 78%
Resale, 312, 82%
Canyon County
Ada County
APRIL 2017 YTD
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
11
Resale vs. New Construction Inventory Ada County
1600 1400
1495 1274
1440
1353
1378 1183
1200 1000 800
786
765
745
749
775
832
902
920
843
838
816
678
766
737 767
785
640 555
600 400 200 0
Resale
New Construction
2016/2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
12
Resale vs. New Construction Inventory Canyon County
800 708 700 600
692
686
640 572
546
475
500 377
400 300
231
262
283
292
406
394 401
318
419
396 313
357 303
341
301
263
200 100 0
Resale
New Construction
2016/2017
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
13
Coldwell BankerÂŽ and its parent company, Realogy Corporation, fully support the principles of the Fair Housing Act (Title VIII of the Civil Rights Act of 1968), as amended, which generally prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability). In addition, each and every Coldwell Banker franchised office is contractually required to comply, in all respects, with all laws, rules and regulations applicable to the real estate industry, including without limitation, the requirements imposed by the Fair Housing Act. As an adjunct to the foregoing commitment, both Coldwell Banker and Realogy Corporation actively promote, and are committed to, creating and fostering an environment of diversity throughout their respective organizations and franchise systems, and each views such a concept as a critical component to the on-going success of their business operations
MODIFIED ON 5/10/17 2:06 PM
Information pulled on 5/10/17
14