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The Treasure Valley Report JULY 2019

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 8/12/19 10:20 AM

Information pulled on 8/12/19

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Yearly Residential Sales Ada County

12000

11048

11263

11559

9553

10000 8124 8000

7963

7115 5683

6000

6172

6693

6498

4000

2000

0 2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

JULY 2019 YTD

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Yearly Residential Sales Canyon County

6000 5155 4807

5000

4542 3996

4000 3094 3000

3283

3054

3245

3471 3083

2646

2000

1000

0 2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

JULY 2019 YTD

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Monthly Average Sales Price Comparison 2018/2019 Ada County

$450,000

$357,401

Sept

Oct

Nov

$370,932

$362,203

$375,106

$390,792

$365,834

$403,050

$369,439

$390,707

$351,558

$377,656

$349,760

$385,097

$347,121

$367,954

$357,554

$250,000

$345,683

$300,000

$331,570

$350,000

$367,214

$400,000

$200,000 $150,000 $100,000 $50,000 $0 Jan 2018

Feb

Mar

Apr

May

June

2019

MODIFIED ON 8/12/19 10:20 AM

July

Aug

Information pulled on 8/12/19

Dec

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Monthly Average Sales Price Comparison 2018/2019 Canyon County

$242,523

$246,407

$247,756

$255,791

$243,555

$278,140

$251,929

$274,048

$246,436

$268,096

$277,768

$270,661

$232,699

$251,644

$242,419

$252,611

$219,001

$200,000

$224,072

$250,000

$256,544

$300,000

Oct

Nov

Dec

$150,000

$100,000

$50,000

$0 Jan 2018

Feb

Mar

Apr

May

June

July

Aug

2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

Sept

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Active Listings by Price Range Ada County

$300,000-$399,999 551

$400,000-$499,999 391

$250,000-$299,999 198

PRICE RANGE

$200,000$249,999 36

$500,000-$699,999 314

$160,000-$199,999 1

$1,000,000+ 93

$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 36 198 551 391 314 139 93 1723

$700,000-$999,999 139

AS OF JULY 31, 2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Active Listings by Price Range Canyon County

$250,000-$299,999 202

$200,000-$249,999 113 $300,000-$399,999 223 $160,000-$199,999 21

$120,000-$159,999 8

$500,000+ 61

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+ TOTAL

8 21 113 202 223 75 61 703

$400,000-$499,999 75

AS OF JULY 31, 2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Sold Listings by Price Range Ada County

$300,000-$399,999 377

$250,000-$299,999 265

$200,000-$249,999 91 $400,000-$499,999 221 $160,000-$199,999 11

$1,000,000+ 9

PRICE RANGE

#

$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

11 91 265 377 221 139 48 9

1161

$700,000-$999,999 48 $500,000-$699,999 139 JULY 2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Sold Listings by Price Range Canyon County

$200,000-$249,999 185

$250,000-$299,999 121 $160,000-$199,999 57

$300,000-$399,999 77 $120,000-$159,999 11

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+ TOTAL

11 57 185 121 77 39 15

505

$500,000+ 15 $400,000-$499,999 39

JULY 2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Absorption Rate Current Inventory, Ada & Canyon Counties

25

25 20 15

15

Ada Canyon

10 5 0

0

1

$200-$249,999

1

2

$250-$299,999

2

3

2

$300-$399,999

3

$400-$499,999

3

5

$500-$699,999

8 4

$700-$999,999

$1,000,000+

“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market. JULY 2019 YTD

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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

New Construction, 120, 23%

New Construction, 299, 26%

Resale, 862, 74%

Resale, 392, 77%

Canyon County

Ada County

2019 YTD

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Resale vs. New Construction Inventory Ada County

1200

1000

800

600

1005 885

879

889

1003

977

930

879

874

817

774 700

754 669

503

488

727 718

737

919 838

773

807

516

400

200

0

Resale

New Construction

2018/2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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Resale vs. New Construction Inventory Canyon County

500 450

470

454

426

414 381

400 350

313 286

300

358 301

336

320 285

356

276

332 277

297

321

379 341 311

323

280

250 200

195

150 100 50 0

Resale

New Construction

2018/2019

MODIFIED ON 8/12/19 10:20 AM

Information pulled on 8/12/19

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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 8/12/19 10:20 AM

Information pulled on 8/12/19

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