The Treasure Valley Report NOVEMBER 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 12/9/19 1:25 PM
Information pulled on 12/9/19
1
Yearly Residential Sales Ada County
12000
11048
11263
11559 10672
9553
10000 8124
8000 5683
6000
6172
6498
7963
7115
4000
2000
0 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
NOVEMBER 2019 YTD
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
2
Yearly Residential Sales Canyon County
6000 5155 5000
4542
4807
4962
3996
4000 3094 3000
3283
3054
3245
3471
2646
2000
1000
0 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
NOVEMBER 2019 YTD
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
3
Monthly Average Sales Price Comparison 2018/2019 Ada County
$250,000
$370,932
$408,063
$357,401
$397,480
$362,203
$403,116
$357,554
$375,106
$390,792
$365,834
$403,050
$369,439
$390,707
$351,558
$377,656
$349,760
$385,097
$347,121
$367,954
$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 12/9/19 1:25 PM
July
Aug
Information pulled on 12/9/19
Sept
Oct
Nov
Dec
4
Monthly Average Sales Price Comparison 2018/2019 Canyon County
$247,756
$285,119 $246,407
$282,075
$242,523
$280,728
$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
Nov
Dec
$150,000
$100,000
$50,000
$0 Jan 2018
Feb
Mar
Apr
May
June
July
Aug
2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
Sept
Oct
5
Active Listings by Price Range Ada County
$300,000-$399,999 501
$400,000-$499,999 335 $250,000-$299,999 152
PRICE RANGE
$200,000$249,999 20
$500,000-$699,999 276
$160,000-$199,999 4
$1,000,000+ 87
$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
#
4 20 152 501 335 276 100 87 1475
$700,000-$999,999 100
AS OF NOVEMBER 30, 2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
6
Active Listings by Price Range Canyon County
$250,000-$299,999 244
$200,000-$249,999 147
$300,000-$399,999 242 $160,000-$199,999 20
$120,000-$159,999 6
$500,000+ 63
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
6 20 147 244 242 88 63 810
$400,000-$499,999 88
AS OF NOVEMBER 30, 2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
7
Sold Listings by Price Range Ada County
$300,000-$399,999 295 $250,000-$299,999 168
$200,000-$249,999 68
$400,000-$499,999 162
$160,000-$199,999 8
$1,000,000+ 13
$700,000-$999,999 36
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
8 68 168 295 162 128 36 13
878
$500,000-$699,999 128 NOVEMBER 2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
8
Sold Listings by Price Range Canyon County
$200,000-$249,999 113
$250,000-$299,999 90 $160,000-$199,999 43
$300,000-$399,999 75 $120,000-$159,999 13
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
13 43 113 90 75 23 18
375
$500,000+ 18 $400,000-$499,999 23
NOVEMBER 2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
9
Absorption Rate Current Inventory, Ada & Canyon Counties
25
25 20 15
Ada Canyon
10
8
5 0
0
1
$200-$249,999
1
3
$250-$299,999
2
3
2
$300-$399,999
3
$400-$499,999
2
4
$500-$699,999
“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market.
MODIFIED ON 12/9/19 1:25 PM
7
3
$700-$999,999
$1,000,000+
NOVEMBER 2019 YTD
Information pulled on 12/9/19
10
Sales Activity: Resale vs. New Construction Ada County / Canyon County
New Construction, 104, 28%
New Construction, 278, 32%
Resale, 600, 68% Resale, 272, 72%
Canyon County
Ada County
2019 YTD
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
11
Resale vs. New Construction Inventory Ada County
1200 1000
1003 879
874
817
754
800 669 600
503
488
727 718
737
919 838
773
913
898 807
782
912
877
856
774 620
516
400 200 0
Resale
New Construction
2018/2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
12
Resale vs. New Construction Inventory Canyon County
483
500 450 400
358
350 300
433
414
285
332
336
320 276
356
277
297
321
411
458
412 381
379 341
472
311
323
315
280
250 200 150 100 50 0
Resale
New Construction
2018/2019
MODIFIED ON 12/9/19 1:25 PM
Information pulled on 12/9/19
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 12/9/19 1:25 PM
Information pulled on 12/9/19
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