Coldwell Banker Market Report, September 2016

Page 1

The Treasure Valley Report SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

1


Yearly Residential Sales Ada County

12000

10370 9553

10000 8124

8000

7115

6839 6000

8331

7963

5154

5683

6172

6498

4000

2000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315 3094

3000

3283

3054

3245

3471

3406

2646 2217

2000

1000

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

$267,608

$273,684

$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 10/17/16 9:37 AM

Information pulled on 10/17/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

$169,342

$171,235

$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 10/17/16 9:37 AM

Information pulled on 10/17/16

5


Active Listings by Price Range Ada County

$200,000-$249,999 489

$250,000-$299,999 363

PRICE RANGE

$160,000-$199,999 268

$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-$399,999 453

$120,000$159,999 48

$100,000-$119,999 6

$400,000-$499,999 228

$1,000,000+ 65 $700,000-$999,999 75 $500,000-$699,999 155

#

6 48 268 489 363 453 228 155 75 65 2150

AS OF SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 211 $120,000-$159,999 187 $200,000-$249,999 200

$100,000-$119,999 30

$90,000$99,999 14

$500,000+ 45

$70,000-$89,999 21

$250,000-$299,999 115 $300,000-$399,999 92

$0-$69,999 18 $400,000-$499,999 57

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

18 21 14 30 187 211 200 115 92 57 45 990

AS OF SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

7


Sold Listings by Price Range Ada County

$200,000-$249,999 228 $160,000-$199,999 206

$250,000-$299,999 184

$120,000-$159,999 51

$100,000-$119,999 5

$400,000-$499,999 79

$300,000-$399,999 179

$1,000,000+ 5 $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

5 51 206 228 184 179 79 40 13 5

990

$500,000-$699,999 40

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 147 $100,000-$119,999 26 $160,000-$199,999 80

$90,000$99,999 6

$70,000-$89,999 10 $0-$69,999 5 $500,000+

$300,000-$399,999 31

$200,000-$249,999 46 $250,000-$299,999 25

0 $400,000-$499,999 12

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

5 10 8 26 147 80 46 25 31 12 0

390

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

25

25

25

20

15

13

Ada 10

8 6 4

5 1

1

2

2

3

6 3

6 3

Canyon

6 4

0

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.

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

10


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

New Construction, 59, 15%

New Construction, 230, 23%

Resale, 763, 77% Resale, 333, 85%

Canyon County

Ada County

SEPTEMBER 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 10/17/16 9:37 AM

Information pulled on 10/17/16

11


Resale vs. New Construction Inventory Ada County

1600

1495

1453

1440

1353

1400

1378

1274

1200

1154

1122

1000 815

856

918

1034

994 846

800

875

829

765

712

750

786

765

745

749

775

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 10/17/16 9:37 AM

Information pulled on 10/17/16

12


Resale vs. New Construction Inventory Canyon County

800 700

708

679

686

640

617 600

546 504

352

356

506

474

500 400

692

339

300

461

451 330 279

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 10/17/16 9:37 AM

Information pulled on 10/17/16

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 10/17/16 9:37 AM

Information pulled on 10/17/16

14


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