Coldwell Banker Market Report, October 2016

Page 1

The Treasure Valley Report OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

1


Yearly Residential Sales Ada County

12000

10370 9553

10000 8124

8000

7963

7115

6839 6000

9240

5154

5683

6172

6498

4000

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000

3762 3315 3094

3000

3283

3054

3245

3471

2646 2217

2000

1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

$267,608

$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 11/8/16 2:29 PM

Information pulled on 11/8/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

$169,342

$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 11/8/16 2:29 PM

Information pulled on 11/8/16

5


Active Listings by Price Range Ada County

$250,000-$299,999 373

$200,000-$249,999 436

PRICE RANGE

$160,000-$199,999 239

$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-$399,999 419

$120,000$159,999 40 $400,000-$499,999 222

$100,000-$119,999 4 $1,000,000+ 59 $700,000-$999,999 77

$500,000-$699,999 144

#

4 40 239 436 373 419 222 144 77 59 2013

AS OF OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 224 $120,000-$159,999 163

$200,000-$249,999 196

$100,000-$119,999 28

$250,000-$299,999 120

$90,000$99,999 6

$300,000-$399,999 87

$70,000-$89,999 13 $0-$69,999 9 $500,000+ 41

$400,000-$499,999 52

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 13 6 28 163 224 196 120 87 52 41 939

AS OF OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 201

$160,000-$199,999 175

$250,000-$299,999 144

$120,000-$159,999 47

$100,000-$119,999 3 $1,000,000+ 2

$300,000-$399,999 177

$400,000-$499,999 80

$700,000-$999,999 13

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

3 47 175 201 144 177 80 40 13 2

882

$500,000-$699,999 40

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 119 $100,000-$119,999 18

$160,000-$199,999 73

$90,000$99,999 6

$70,000-$89,999 8 $0-$69,999 6 $500,000+ 0

$200,000-$249,999 46

$300,000-$399,999 27 $250,000-$299,999 24

$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 8 5 18 119 73 46 24 27 7 0

333

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25

25

20

14

15

Ada

9

10 6

5 5 0

1

2 0

3

6 4

6 4

5

1

Canyon

6

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.

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

10


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

New Construction, 62, 19%

New Construction, 226, 26%

Resale, 656, 74% Resale, 272, 81%

Canyon County

Ada County

OCTOBER 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 11/8/16 2:29 PM

Information pulled on 11/8/16

11


Resale vs. New Construction Inventory Ada County

1495

1600 1400 1200 1000

1440

1353

1378

1274

856

1183

1154

1122 918 846

800

1034

994 875 829

765

712

750

786

765

745

749

775

832

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 11/8/16 2:29 PM

Information pulled on 11/8/16

12


Resale vs. New Construction Inventory Canyon County

800 708 700

686

640

617 600

572

546 504

500 400

692

356

339

300

474

506 461

451

377 330 279

272

263

231

262

283

292

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 11/8/16 2:29 PM

Information pulled on 11/8/16

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 11/8/16 2:29 PM

Information pulled on 11/8/16

14


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