Group One Sotheby’s International Realt

Group One Sotheby’s International Realty August Market Report http://ow.ly/GbUK50dUl5Y

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Smoking Hot! And the Market Isn’t Bad E

Smoking Hot! And the Market Isn’t Bad Either – Smoking Hot! And the Market Isn’t Bad Either July left us wishing for cooler temps and more inventory.  Resale home inventory in Ada County is down 15% from last July but pending contracts were up 1%.  Months of supply (inventory vs sold) for resale in Ada County are down 20% and down 26% for new construction.  Days on market might be part of the answer:  20% fewer days on the market for resale homes and 12% fewer days on m… http://ow.ly/WIF750dkD4d

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty June Market Report – FROM COLD TO HOT IN SIX MONTHS The residential market in Ada County has recovered from the cold, snowy winter months.  Sales of residential units for the first six months in Ada County were almost identical to sales for the first six months of last year.  Inventory, however, was down 16% from a year ago.  Average prices increased 7% over the trailing twelve months, par for the course over the last several yea… http://ow.ly/XH6r50cII4D

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty May Market Report – Limited Inventory Limits Sales Every time there are five offers on a property, and only one buyer wins, four buyer transactions are pushed into the future. With 23% fewer properties on the market now compared to last year, sales for this May were 3% lower than they were for last May. Although this is an opportunity for builders to fill the gap in available inventory, new home inventory has decreased by 6% over… http://ow.ly/sXWs50c2kep

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty April Market Report http://ow.ly/tzCp50bnX9f

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty Market Report – FIRST QUARTER COMPARISON     It’s hard to predict the future from the first quarter results.  Sales were tepid, although slightly (2%) higher than in the first quarter last year.  Snow, ice, and frigid temperatures took their toll on the market but, thanks to longer closing times in new home sales, we survived our worst winter weather in decades.  Resale closings were almost 5% lower than they were in the first qu… http://ow.ly/A1ix50aKfiX

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty February Market Report http://ow.ly/2nsq50a6CGa

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty Market Report – EARLY RETURNS SHOW PROMISE January results for the Ada County residential market have continued the trends in 2016.  Unit sales this January were up almost 14% over last January.  Average sales prices for the trailing twelve months increased 6.5%. Inventory was slightly lower than it was at the end of last January, which was the low mark for the year. New construction is making headway: 22% of all homes sold this … http://ow.ly/NFso509sw3f

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty Market Report – 2016 YEAR END MARKET REPORT Would you have believed it if, at the beginning of the year, we had predicted that Ada County home sales would increase by14% and yet prices would increase by only 6%?  Wouldn’t it make more sense that a double-digit increase in demand would produce a double-digit increase in price? And what about inventory? If we had said that we would go through the year with little more than one mont… http://ow.ly/wZ5O508w2Tm

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Group One Sotheby’s International Realt

Group One Sotheby’s International Realty Market Report – A BUMP IN NOVEMBER Ada County results in November took a huge jump with 40% more units sold than last November, 38% in resale homes and 41% in new homes.  The market for the trailing twelve months is up in unit sales by 13.5%, 8.5% in resale properties and 41% in new home sales. As a result, there are only 32 days of resale and finished new home inventory.  At this point, it looks like the only thing that will slo… http://ow.ly/5lt1507myHF

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