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The Treasure Valley Report JUNE 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 7/13/18 11:13 AM

Information pulled on 7/13/18

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Yearly Residential Sales Ada County

12000

11048

11263

9553

10000 8124 8000

7963

7115

6000

5154

5683

6172

6498 5577

4000

2000

0 2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

JUNE 2018 YTD

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Yearly Residential Sales Canyon County

4807

5000

4542

4500 3996 4000 3500

3094

3000

3283 3054

3245

3471

2646

2500

2511

2217

2000 1500 1000 500 0 2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

JUNE 2018 YTD

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Monthly Average Sales Price Comparison 2017/2018 Ada County

$317,493

$311,860

$317,063

$313,252

$317,393

$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 7/13/18 11:13 AM

Information pulled on 7/13/18

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Monthly Average Sales Price Comparison 2017/2018 Canyon County

Sept

$214,678

$210,837

Aug

$210,318

$210,198

July

$207,538

$210,297

$246,436 $208,132

$227,768

$200,000

$232,699

$198,462

$242,419

$219,001

$193,687

$150,000

$185,777

$200,000

$190,131

$224,072

$250,000

Oct

Nov

Dec

$100,000

$50,000

$0 Jan 2017

Feb

Mar

Apr

May

June

2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Active Listings by Price Range Ada County

$300,000-$399,999 434 $250,000-$299,999 235 PRICE RANGE

$400,000-$499,999 299

$200,000-$249,999 96 $160,000$199,999 13

$500,000-$699,999 186

$120,000-$159,999 2 $1,000,000+ 65

$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

#

2 13 96 235 434 299 186 133 65 1463

$700,000-$999,999 133 AS OF JUNE 30, 2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Active Listings by Price Range Canyon County

$200,000-$249,999 108

$250,000-$299,999 139

$160,000-$199,999 47 $300,000-$399,999 121

$120,000-$159,999 23 $100,000-$119,999 2

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

2 23 47 108 139 121 68 49 557

$500,000+ 49 $400,000-$499,999 68

AS OF JUNE 30, 2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Sold Listings by Price Range Ada County

$250,000-$299,999 239 $300,000-$399,999 332

$200,000-$249,999 217

$160,000-$199,999 41 $400,000-$499,999 190

$120,000-$159,999 7

$1,000,000+ 14

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

7 41 217 239 332 190 117 46 14

1203

$700,000-$999,999 46 $500,000-$699,999 117 JUNE 2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Sold Listings by Price Range Canyon County

$160,000-$199,999 151

$200,000-$249,999 133

$120,000-$159,999 44 $250,000-$299,999 78

$100,000-$119,999 13

$500,000+ 17

$400,000-$499,999 21

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

13 44 115 133 78 63 21 17

484

$300,000-$399,999 63

JUNE 2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Absorption Rate Current Inventory, Ada & Canyon Counties

25

25 20 15

9

10 5 0

0

0

0

0

0

0

0

1

1

2

2

3

2

4

2

5

11

Ada Canyon

5

“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market. JUNE 2018 YTD

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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

New Construction, 99, 20%

New Construction, 305, 25%

Resale, 898, 75% Resale, 392, 80%

Canyon County

Ada County

JUNE 2018 YTD

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Resale vs. New Construction Inventory Ada County

1400 1228

1226

1200

1199 1068

1000 814 800 600

724

829

797

848

840

816

761

711

689

582 424

489

647 562

704

679 600

583

647

400 200 0

Resale

New Construction

2017/2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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Resale vs. New Construction Inventory Canyon County

600

597

579

584 525

500 428 400

300

354 301

309

394

383 346

326

330

328 252

308 242

289

339

312 267 196

200

184

197

100 0

Resale

New Construction

2017/2018

MODIFIED ON 7/13/18 11:13 AM

Information pulled on 7/13/18

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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 7/13/18 11:13 AM

Information pulled on 7/13/18

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Coldwell Banker Market Report, June 2018  

Overview of June's real estate market data in SW Idaho's Ada & Canyon counties!

Coldwell Banker Market Report, June 2018  

Overview of June's real estate market data in SW Idaho's Ada & Canyon counties!

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