Coldwell Banker Market Report, June 2016

Page 1

The Treasure Valley Report JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

1


Yearly Residential Sales Ada County

12000 10370 9553

10000 8124

8000

7115

6839 6000

7963

5154

5683

6172

6498

5120 4000

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315

3094

3000

3283

3054

3245

3471

2646 2217

2000

2137

1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

$267,608

Sept

$273,684

$261,598

Aug

$270,969

$264,978

$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

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 7/11/16 11:45 AM

Information pulled on 7/11/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

Oct

$169,342

$164,809

Sept

$171,235

$164,809

$168,054

$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 7/11/16 11:45 AM

Information pulled on 7/11/16

5


Active Listings by Price Range Ada County

$200,000-$249,999 452

$250,000-$299,999 391

PRICE RANGE

$160,000-$199,999 250

$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-$399,999 474 $120,000$159,999 45

$100,000-$119,999 5

$500,000-$699,999 166

$400,000-$499,999 200

$1,000,000+ 54 $700,000-$999,999 75

#

5 45 250 452 391 474 200 166 75 54 2112

AS OF JUNE 30, 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 7/11/16 11:45 AM

Information pulled on 7/11/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 178 $120,000-$159,999 193 $200,000-$249,999 170 $100,000-$119,999 17

$90,000$99,999 14

$500,000+ 40 $300,000-$399,999 77

$70,000$89,999 15 $0-$69,999 13

$250,000-$299,999 119

$400,000-$499,999 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

13 15 14 17 193 178 170 119 77 51 40 887

AS OF JUNE 30, 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 7/11/16 11:45 AM

Information pulled on 7/11/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 250 $160,000-$199,999 228

$250,000-$299,999 199

$120,000-$159,999 66 $300,000-$399,999 211 $100,000-$119,999 4

$400,000-$499,999 96

$1,000,000+ 8 $700,000-$999,999 12

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

4 66 228 250 199 211 96 63 12 8

1137

$500,000-$699,999 63

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 148

$100,000-$119,999 27 $90,000$99,999 11

$160,000-$199,999 92

$70,000-$89,999 18

$200,000-$249,999 69

$0-$69,999 10 $500,000+ 0 $400,000-$499,999 6 $300,000-$399,999 34 $250,000-$299,999 29

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

10 18 11 27 148 92 69 29 34 6 0

444

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25

25

20 15

15

Ada

10 5 0

0

0

0

2

2

4

3

6

4

7

4

6

4

7

8

Canyon

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.

0

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

10


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

New Construction, 57, 13%

New Construction, 231, 20%

Resale, 912, 80%

Resale, 390, 87%

Canyon County

Ada County

JUNE 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 7/11/16 11:45 AM

Information pulled on 7/11/16

11


Resale vs. New Construction Inventory Ada County

1800

1760

1709

1672

1600

1453

1400 1154

1122

1200 1000 800

1353

1274

749

752

783

815

856

918

1034

994 846

875

829

765

712

750

786

765

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 7/11/16 11:45 AM

Information pulled on 7/11/16

12


Resale vs. New Construction Inventory Canyon County

900

850

832 771

800

679

700

640

617

600 504

500 400

340

355

353

352

356

474 339

461

451

546

506

330 279

300

272

263

231

262

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 7/11/16 11:45 AM

Information pulled on 7/11/16

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 7/11/16 11:45 AM

Information pulled on 7/11/16

14


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