Coldwell Banker Market Report, May 2016

Page 1

The Treasure Valley Report MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

1


Yearly Residential Sales Ada County

12000

10370 9553

10000 8124

8000

7115

6839 6000

7963

5154

5683

6172

6498

4000

3934

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315 3094

3000

3283

3054

3245

3471

2646 2217

2000 1671 1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

Sept

$267,608

$261,598

Aug

$273,684

$264,978

July

$270,969

$270,354

$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

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 6/15/16 3:19 PM

Information pulled on 6/14/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

Oct

$169,342

$164,809

Sept

$171,235

$164,809

$168,054

$172,934

$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 6/15/16 3:19 PM

Information pulled on 6/14/16

5


Active Listings by Price Range Ada County

$200,000-$249,999 402

$250,000-$299,999 396

PRICE RANGE

$160,000-$199,999 248

$300,000-$399,999 446

$120,000$159,999 50

$100,000-$119,999 0

$500,000-$699,999 170

$400,000-$499,999 202

$1,000,000+ 53 $700,000-$999,999 78

$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

#

0 50 248 402 396 446 202 170 78 53 2045

AS OF MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 169 $120,000-$159,999 127

$200,000-$249,999 150

$100,000$119,999 23 $250,000-$299,999 95

$90,000$99,999 7

$300,000-$399,999 89

$70,000$89,999 13 $0-$69,999 16 $500,000+ 32

$400,000-$499,999 42

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 13 7 23 127 169 150 95 89 42 32 763

AS OF MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 242 $160,000-$199,999 223 $250,000-$299,999 170 $120,000-$159,999 72

$100,000-$119,999 4

$300,000-$399,999 191 $400,000-$499,999 89

$1,000,000+ 5 $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

4 72 223 242 170 191 89 38 8 5

1042

$500,000-$699,999 38

MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 140

$100,000-$119,999 28 $90,000$99,999 11

$160,000-$199,999 84

$200,000-$249,999 64

$70,000-$89,999 15 $0-$69,999 6 $500,000+ 0 $400,000-$499,999 5 $300,000-$399,999 27

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 11 28 140 84 64 29 27 5 0

409

$250,000-$299,999 29 MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25

25

20 15 15 10

10 7

6 4

5 1

0

0

1

2

3

4

8

7 4

Ada Canyon

5

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.

MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

10


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

New Construction, 70, 17%

New Construction, 206, 20%

Resale, 839, 80%

Resale, 340, 83%

Canyon County

Ada County

MAY 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 6/15/16 3:19 PM

Information pulled on 6/14/16

11


Resale vs. New Construction Inventory Ada County

1800

1724

1760

1709

1672

1600

1453

1400

1274

1000 800

1154

1122

1200

770

749

752

783

815

856

918

1034

994 846

875

829

765

712

750

786

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 6/15/16 3:19 PM

Information pulled on 6/14/16

12


Resale vs. New Construction Inventory Canyon County

900

850

834

832 771

800

679

700

617

600 504

500 400

322

340

355

353

352

356

474 339

546

506

461

451 330 279

300

272

263

231

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 6/15/16 3:19 PM

Information pulled on 6/14/16

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 6/15/16 3:19 PM

Information pulled on 6/14/16

14


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