Coldwell Banker Tomlinson Group Market Report March, 2016

Page 1

The Treasure Valley Report MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

1


Yearly Residential Sales Ada County

12000

10370 9553

10000 8124

8000

7115

6839 6000

7963

5154

5683

6172

6498

4000

2000 1885 0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315 3094

3000

3283

3054

3245

3471

2646 2217

2000

1000 839 0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

Sept

$267,608

Aug

$273,684

$261,598

July

$270,969

$264,978

May

$270,354

$260,165

Apr

$273,178

$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

2016

June

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 4/11/16 1:29 PM

Information pulled on 4/8/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

$200,000

Oct

$169,342

$164,809

Sept

$171,235

$164,809

$168,054

$172,934

$167,833

$159,301

$159,301

$180,327

$152,224 $169,215

$120,000

$155,678

$140,000

$146,474

$160,000

$166,146

$180,000

$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 4/11/16 1:29 PM

Information pulled on 4/8/16

5


Active Listings by Price Range Ada County

$250,000-$299,999 308

$200,000-$249,999 329

PRICE RANGE

$160,000-$199,999 189

$300,000-$399,999 424

$120,000$159,999… $100,000$119,999 4 $1,000,000+ 39 $700,000-$999,999 55

$500,000-$699,999 155

$400,000-$499,999 176

$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 57 189 329 308 424 176 155 55 39 1736

AS OF MARCH 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. © Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 4/11/16 1:29 PM

Information pulled on 4/8/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 159

$120,000-$159,999 130 $100,000$119,999 29

$200,000-$249,999 136

$90,000$99,999 7 $70,000$89,999 24 $0-$69,999 19 $500,000+ 25

$250,000-$299,999 73 $300,000-$399,999 91

$400,000-$499,999 33

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

19 24 7 29 130 159 136 73 91 33 25 726

AS OF MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

7


Sold Listings by Price Range Ada County

$160,000-$199,999 185

$200,000-$249,999 165

$250,000-$299,999 128

$120,000-$159,999 81

$100,000-$119,999 6

$1,000,000+ 1

$400,000-$499,999 62

$300,000-$399,999 123

$700,000-$999,999 8

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 81 185 165 128 123 62 35 8 1

794

$500,000-$699,999 35

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 145

$100,000-$119,999 30 $90,000-$99,999 6 $160,000-$199,999 76

$70,000$89,999 12 $0-$69,999 9

$200,000-$249,999 49

$500,000+ 0

$400,000$499,999 $300,000-$399,999 1 14 $250,000-$299,999 23

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

9 12 5 30 145 76 49 23 14 1 0

364

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25

25

20

17 15

9

10 7 5 5 0

1

1

2

2

3

6 4

5

Ada

9 6

Canyon

7

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.

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

10


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

New Construction, 49, 13%

New Construction, 184, 23%

Resale, 613, 77% Resale, 315, 87%

Canyon County

Ada County

MARCH 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 4/11/16 1:29 PM

Information pulled on 4/8/16

11


Resale vs. New Construction Inventory Ada County

1724

1800

1760

1709

1672

1613 1600

1507

1453

1400

1122

1200 1000 800

764

765

770

749

752

783

815

856

918

1034

994 846

875

829

765

712

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 4/11/16 1:29 PM

Information pulled on 4/8/16

12


Resale vs. New Construction Inventory Canyon County

900 800

850

834

771

775

755

725

832

679

700

617

600 504

500 400

333

326

321

322

340

355

353

352

356

474 339

461

451 330 279

300

272

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 4/11/16 1:29 PM

Information pulled on 4/8/16

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 4/11/16 1:29 PM

Information pulled on 4/8/16

14


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