The Treasure Valley Report AUGUST 2019
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 9/12/19 4:33 PM
Information pulled on 9/9/19
1
Yearly Residential Sales Ada County
12000
11048
11263
11559
9553
10000 8124 8000
7963
7784
7115 5683
6000
6172
6498
4000
2000
0 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
AUGUST 2019 YTD
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
2
Yearly Residential Sales Canyon County
6000 5155 4807
5000
4542 3996
4000 3094 3000
3283
3054
3245
3635
3471
2646
2000
1000
0 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
AUGUST 2019 YTD
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
3
Monthly Average Sales Price Comparison 2018/2019 Ada County
$357,401
Sept
Oct
Nov
$370,932
$362,203
$375,106
$390,792
$365,834
$403,050
$369,439
$390,707
$351,558
$377,656
$349,760
$385,097
$347,121
$367,954
$357,554
$250,000
$345,683
$300,000
$331,570
$350,000
$367,214
$400,000
$405,035
$450,000
$200,000 $150,000 $100,000 $50,000 $0 Jan 2018
Feb
Mar
Apr
May
June
2019
MODIFIED ON 9/12/19 4:33 PM
July
Aug
Information pulled on 9/9/19
Dec
4
Monthly Average Sales Price Comparison 2018/2019 Canyon County
$242,523
$246,407
$247,756
$255,791
$282,939
$243,555
$278,140
$251,929
$274,048
$246,436
$268,096
$277,768
$270,661
$232,699
$251,644
$242,419
$252,611
$219,001
$200,000
$224,072
$250,000
$256,544
$300,000
Oct
Nov
Dec
$150,000
$100,000
$50,000
$0 Jan 2018
Feb
Mar
Apr
May
June
July
Aug
2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
Sept
5
Active Listings by Price Range Ada County
$300,000-$399,999 553
$400,000-$499,999 358
$250,000-$299,999 181
PRICE RANGE
$200,000$249,999 45
$500,000-$699,999 312
$160,000-$199,999 3
$1,000,000+ 88
$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
#
3 45 181 553 358 312 137 88 1677
$700,000-$999,999 137
AS OF AUGUST 31, 2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
6
Active Listings by Price Range Canyon County
$250,000-$299,999 223
$200,000-$249,999 103 $300,000-$399,999 214 $160,000-$199,999 24
$120,000-$159,999 7
$500,000+ 68
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+ TOTAL
7 24 103 223 214 73 68 712
$400,000-$499,999 73
AS OF AUGUST 31, 2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
7
Sold Listings by Price Range Ada County
$250,000-$299,999 211
$300,000-$399,999 366
$200,000-$249,999 84
$400,000-$499,999 181
$160,000-$199,999 9
$1,000,000+ 16
$700,000-$999,999 50
PRICE RANGE
#
$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
9 84 211 366 181 145 50 16
1062
$500,000-$699,999 145 AUGUST 2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
8
Sold Listings by Price Range Canyon County
$200,000-$249,999 185
$250,000-$299,999 125
$160,000-$199,999 63
$300,000-$399,999 90 $120,000-$159,999 16
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+ TOTAL
16 63 182 125 90 39 23
538
$500,000+ 23 $400,000-$499,999 39
AUGUST 2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
9
Absorption Rate Current Inventory, Ada & Canyon Counties
25
25 20 14
15
Ada Canyon
10 5 0
0
1
$200-$249,999
1
2
$250-$299,999
2
3
2
$300-$399,999
3
$400-$499,999
3
5
$500-$699,999
8 4
$700-$999,999
$1,000,000+
“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market. AUGUST 2019 YTD
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
10
Sales Activity: Resale vs. New Construction Ada County / Canyon County
New Construction, 156, 29%
New Construction, 309, 29%
Resale, 753, 71%
Resale, 388, 71%
Canyon County
Ada County
2019 YTD
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
11
Resale vs. New Construction Inventory Ada County
1200
1000
1005 879
800
600
889
1003
977
930
879
874
817
700
754 669
503
488
727 718
737
773
919 838
898 807
782
516
400
200
0
Resale
New Construction
2018/2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
12
Resale vs. New Construction Inventory Canyon County
500
470
454
450
381
400 350 300
433
414
286
313
301
336
320 285
358
276
277
356
332 297
321
379 341 311
323
315
280
250 200 150 100 50 0
Resale
New Construction
2018/2019
MODIFIED ON 9/12/19 4:33 PM
Information pulled on 9/9/19
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 9/12/19 4:33 PM
Information pulled on 9/9/19
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