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The Treasure Valley Report AUGUST 2018

Published by your trusted real estate advisors from Coldwell Banker Tomlinson Group. Š Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Coldwell Banker and the Coldwell Banker logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information herein is taken from Intermountain Multiple Listing Service and is deemed reliable but is not guaranteed and should be independently verified. MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Yearly Residential Sales Ada County

12000

11048

11263

9553

10000 8124 8000

7938

7963

7115

6000

5154

5683

6172

6498

4000

2000

0 2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

AUGUST 2018 YTD

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Yearly Residential Sales Canyon County

4807

5000

4542

4500 3996 4000 3500

3094

3000

3283 3054

3245

3543

3471

2646

2500

2217

2000 1500 1000 500 0 2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

AUGUST 2018 YTD

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Monthly Average Sales Price Comparison 2017/2018 Ada County

$375,106 $317,493

$311,860

$317,063

$313,252

$317,393

$365,834

$369,439

$351,558 $300,000

$349,760 $293,131

$347,121 $287,412

$345,683

$310,940

$200,000

$297,990

$250,000

$274,577

$300,000

$331,570

$350,000

$314,605

$400,000

July

Aug

Sept

Oct

Nov

Dec

$150,000 $100,000 $50,000 $0 Jan 2017

Feb

Mar

Apr

May

June

2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Monthly Average Sales Price Comparison 2017/2018 Canyon County

$210,318

$214,678

Aug

$207,538

July

$210,837

$210,198

$251,929 $210,297

$246,436 $208,132

$227,768

$200,000

$232,699

$198,462

$242,419 $193,687

$219,001

$190,131

$150,000

$185,777

$200,000

$224,072

$250,000

$243,555

$300,000

Sept

Oct

Nov

Dec

$100,000

$50,000

$0 Jan 2017

Feb

Mar

Apr

May

June

2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Active Listings by Price Range Ada County

$300,000-$399,999 562 $250,000-$299,999 269 PRICE RANGE

$200,000-$249,999 133 $400,000-$499,999 287

$160,000$199,999 21 $500,000-$699,999 204 $120,000-$159,999 8 $1,000,000+ 61

$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 21 133 269 562 287 204 114 61 1659

$700,000-$999,999 114

AS OF AUGUST 31, 2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Active Listings by Price Range Canyon County

$200,000-$249,999 117

$250,000-$299,999 145

$160,000-$199,999 53 $300,000-$399,999 132 $120,000-$159,999 17 $100,000-$119,999 3

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+ TOTAL

3 17 53 117 145 132 65 58 590

$500,000+ 58 $400,000-$499,999 65

AS OF AUGUST 31, 2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Sold Listings by Price Range Ada County

$250,000-$299,999 237 $300,000-$399,999 336

$200,000-$249,999 174

$160,000-$199,999 36 $400,000-$499,999 177

$120,000-$159,999 1 $1,000,000+ 9

PRICE RANGE

#

$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

1 36 174 237 336 177 120 50 9

1140

$700,000-$999,999 50 $500,000-$699,999 120 AUGUST 2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Sold Listings by Price Range Canyon County

$160,000-$199,999 124

$200,000-$249,999 160

$120,000-$159,999 38

$100,000-$119,999 5

$250,000-$299,999 75

$500,000+ 12 $400,000-$499,999 19

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+ TOTAL

5 38 124 160 75 59 19 12

492

$300,000-$399,999 59

AUGUST 2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Absorption Rate Current Inventory, Ada & Canyon Counties

12

12 10 8

6

6 4 2 0

7

0

0

1

0

0

0

1

1

1

2

2

3

4 2

Ada Canyon

2

3

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. AUGUST 2018 YTD

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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

New Construction, 84, 17%

New Construction, 302, 26%

Resale, 841, 74% Resale, 418, 83%

Canyon County

Ada County

AUGUST 2018 YTD

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Resale vs. New Construction Inventory Ada County

1200

1199 1068

1000 814 800

600

829

797

848

840

816

761 689 582

647

704

679

562

600

885

862

774 647

668

583

489 424

400

200

0

Resale

New Construction

2017/2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Resale vs. New Construction Inventory Canyon County

600

584 525

500 428 400

300

354

383 346

326

330

328 252

308 242

289

426

408

394 339

312 267 196

200

184

197 167

195

100 0

Resale

New Construction

2017/2018

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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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

MODIFIED ON 9/13/18 11:26 AM

Information pulled on 9/12/18

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Coldwell Banker Market Report, August 2018  

Great overview of real estate market data in SW Idaho's Ada & Canyon counties!

Coldwell Banker Market Report, August 2018  

Great overview of real estate market data in SW Idaho's Ada & Canyon counties!

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