Coldwell Banker Market Report, August 2016

Page 1

The Treasure Valley Report AUGUST 2016

Published by your trusted real estate advisors from Coldwell Banker Tomlinson Group. All stats taken from the Intermountain Multiple Listing Service.

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

1


Yearly Residential Sales Ada County

12000

10370 9553

10000 8124

8000

7306

7115

6839 6000

7963

5154

5683

6172

6498

4000

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

AUGUST 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315 3094

3000

3283

3054

3245

3471 2996

2646 2217

2000

1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

AUGUST 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

$267,608

$273,684

$270,969

$261,598

$290,563

$264,978

$283,220

$270,354

$290,683

$273,178

$278,702

$260,165

$272,751

$253,105

$270,368

$262,980

$272,118

$251,908

$200,000

$265,905

$250,000

$252,480

$300,000

$150,000

$100,000

$50,000

$0 Jan 2015

Feb

Mar

Apr

May

2016

June

July

Aug

Sept

Oct

Nov

Dec

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

Oct

$169,342

$164,809

Sept

$171,235

$164,809

$186,320

$168,054

$192,873

$172,934

$184,147

$167,833

$180,041

$159,301

$159,301

$180,327

$152,224 $169,215

$120,000

$155,678

$140,000

$146,474

$160,000

$166,146

$180,000

$184,214

$200,000

$100,000 $80,000

$60,000 $40,000 $20,000 $0 Jan 2015

Feb

Mar

Apr

May

June

2016

July

Aug

Nov

Dec

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

5


Active Listings by Price Range Ada County

$200,000-$249,999 506

$250,000-$299,999 385 PRICE RANGE

$160,000-$199,999 274

$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-$699,999 $700,000-$999,999 $1,000,000+ TOTAL

$300,000-$399,999 450 $120,000$159,999 59 $400,000-$499,999 228

$100,000-$119,999 0 $1,000,000+ 58 $700,000-$999,999 69

#

0 59 274 506 385 450 228 149 69 58 2178

$500,000-$699,999 149 AS OF AUGUST 31, 2016 The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 208 $120,000-$159,999 198 $200,000-$249,999 194

$100,000-$119,999 20

$90,000$99,999 8

$500,000+ 48

$70,000$89,999 14

$250,000-$299,999 113 $300,000-$399,999 100

$0-$69,999 $400,000-$499,999 16 51

PRICE RANGE

#

$0-$69,999 $70,000-$89,999 $90,000-$99,999 $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

16 14 8 20 198 208 194 113 100 51 48 970

AS OF AUGUST 31, 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 223 $160,000-$199,999 213

$250,000-$299,999 172

$120,000-$159,999 59 $300,000-$399,999 190 $100,000-$119,999 6 $1,000,000+ 2 $700,000-$999,999 22 $500,000-$699,999 52

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-$699,999 $700,000-$999,999 $1,000,000+ TOTAL

6 59 213 223 172 190 83 52 22 2

1022

$400,000-$499,999 83

AUGUST 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 153 $100,000-$119,999 23 $90,000$99,999 6

$70,000-$89,999 15 $0-$69,999 6 $500,000+ 0

$160,000-$199,999 100

$300,000-$399,999 22 $250,000-$299,999 33

$200,000-$249,999 55

$400,000-$499,999 7

PRICE RANGE

#

$0-$69,999 $70,000-$89,999 $90,000-$99,999 $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

6 15 6 23 153 100 55 33 22 7 0

420

AUGUST 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25 25

23

20

15 11

Ada 10

8 6 4

5 0

1

2

2

3

6 3

6 3

Canyon

6 4

0

0

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.

AUGUST 2016 YTD

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. © Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

10


Sales Activity: Resale vs. New Construction Ada County / Canyon County

New Construction, 52, 12%

New Construction, 212, 21%

Resale, 812, 79%

Resale, 374, 88%

Canyon County

Ada County

AUGUST 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

11


Resale vs. New Construction Inventory Ada County

1800

1672

1600

1495

1453

1400

1274

1000 800

1154

1122

1200

783

815

856

1440

1353

918

1034

994 846

875

829

765

712

750

786

765

745

749

600 400 200 0

Resale

New Construction

2015/2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

12


Resale vs. New Construction Inventory Canyon County

800

771 708 679

700

640

617 600

546 504

353

352

356

506

474

500 400

692

339

461

451 330 279

300

272

263

231

262

283

292

200 100

0

Resale

New Construction

2015/2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

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

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 9/19/16 9:20 AM

Information pulled on 9/19/16

14


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