Coldwell Banker Market Report, November 2016

Page 1

The Treasure Valley Report NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

1


Yearly Residential Sales Ada County

12000 10200

10370 9553

10000 8124

8000

7115

6839 6000

7963

5154

5683

6172

6498

4000

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315

3094

3000

3283

3054

3245

4181

3471

2646 2217

2000

1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

$267,608

$283,409

$273,684

$289,434

$270,969

$287,100

$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 12/7/16 1:39 PM

Information pulled on 12/7/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

$169,342

$186,852

$171,235

$188,782

$164,809

$189,853

$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

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 12/7/16 1:39 PM

Information pulled on 12/7/16

5


Active Listings by Price Range Ada County

$250,000-$299,999 320 $200,000-$249,999 357 PRICE RANGE

$160,000-$199,999 196

$300,000-$399,999 407

$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

$120,000$159,999 29 $400,000-$499,999 194

$100,000-$119,999 3 $1,000,000+ 49 $700,000-$999,999 61

#

3 29 196 357 320 407 194 122 61 49 1738

$500,000-$699,999 122 AS OF NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 221

$200,000-$249,999 208

$120,000-$159,999 116

$100,000-$119,999 24 $250,000-$299,999 111

$90,000$99,999 9

$300,000-$399,999 81

$70,000-$89,999 10 $0-$69,999 7

$500,000+ $400,000-$499,999 37 48

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

7 10 9 24 116 221 208 111 81 48 37 872

AS OF NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 197 $160,000-$199,999 175 $250,000-$299,999 132 $120,000-$159,999 61

$100,000-$119,999 8

$400,000-$499,999 64

$300,000-$399,999 168

$1,000,000+ 1 $700,000-$999,999 5

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

8 61 175 197 132 168 64 41 5 1

852

$500,000-$699,999 41

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

8


Sold Listings by Price Range Canyon County

$100,000-$119,999 25 $120,000-$159,999 137

$90,000$99,999 8

$70,000-$89,999 11 $0-$69,999 12 $500,000+ 0

$160,000-$199,999 74

$300,000-$399,999 25 $250,000-$299,999 24

$200,000-$249,999 47

$400,000-$499,999 9

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

12 11 8 25 137 74 47 24 25 9 0

372

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25 20

18 14

15

Ada

10 5 0

25

1

1

0

1

1

3

2

4

2

4

Canyon

7 2

3

3

3

6

“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market.

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

10


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

New Construction, 59, 16%

New Construction, 200, 23%

Resale, 659, 77% Resale, 317, 84%

Canyon County

Ada County

NOVEMBER 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 12/7/16 1:39 PM

Information pulled on 12/7/16

11


Resale vs. New Construction Inventory Ada County

1600

1495

1400

800

1378

1353

1274

1183

1154

1200 1000

1440

918

1034

994 846

875

829

765

712

750

786

765

745

749

775

832

902

838

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 12/7/16 1:39 PM

Information pulled on 12/7/16

12


Resale vs. New Construction Inventory Canyon County

800 708 700 600 504

500

300

686

640

617

400

692

356

506

474

339

572

546

475

461

451

377

330 279

272

263

231

262

283

292

406

318

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 12/7/16 1:39 PM

Information pulled on 12/7/16

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 12/7/16 1:39 PM

Information pulled on 12/7/16

14


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