Canyon County New Homes: Rebounding Sales

Here’s an interesting year-over-year comparison of year-to-date new home construction for Canyon County.

2012

  • # Closed Sales: 260
  • Average Selling Price: $150,094
  • Median Selling Price: $138,470

2013

  • # Closed Sales: 375
    Change: +44.2%
  • Average Selling Price: $177,303
    Change: +18.1%
  • Median Selling Price: $166,550
    Change: +20.3%

Data pertains to Canyon County new homes on lot or acreage. Data does not include condo or townhome properties.
New = To Be Built, Under Construction, and New-Never Occupied age categories.
 

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Boise New Homes: Rebounding Sales

Here’s an interesting year-over-year comparison of year-to-date new home construction for Ada County.

2012

  • # Closed Sales: 1,126
  • Average Selling Price: $242,302
  • Median Selling Price: $217,284

2013

  • # Closed Sales: 1,341
    Change: +19.1%
  • Average Selling Price: $277,380
    Change: +14.5%
  • Median Selling Price: $260,000
    Change: +19.7%

Data pertains to Ada County new homes on lot or acreage. Data does not include condo or town home properties.

New = To Be Built, Under Construction, and New-Never Occupied age categories.

 

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Boise New Home Sales: 2012 vs. 2013

Here’s a comparison of YTD closed new homes sales for 2012 vs. 2013.

2012

  • # Sales: 1,030
  • Average Sales Price: $241,707
  • Median Sales Price: $214,905

2013

  • # Sales: 1,272
    Change: +23.5%
  • Average Sales Price: $277,130
    Change: +14.7%
  • Median Sales Price: $260,000
    Change: +21.0%

Data pertains to Ada County new home sales on lot or acreage. Data does not include condo or townhome properties.
New homes includes To Be Built, Under Construction, and New-Never Occupied age categories.
YTD = January 1st through September 30th of each year.
 

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Boise New Home Sales: 2012 vs. 2013

Here’s a comparison of 2012 vs. 2013 new home sales.

2012

  • # Closed Sales: 902
  • Average Sales Price: $238,735
  • Median Sales Price: $211,537

2013

  • # Closed Sales: 1,134
    % Change: +25.7%
  • Average Sales Price: $276,923
    % Change: +16.0%
  • Median Sales Price: $260,000
    % Change: +22.9%

Data pertains to closed Ada County new single-family homes on lot or acreage for January 1st thru August 31st of each year. 
Data does not include condo or townhome properties.
Data includes To Be Built, Under Construction, and New-Never Occupied ages.
 

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Boise New Home Sales: 2012 vs. 2013

Here’s a breakdown of 2012 vs. 2013 year-to-date new homes sales.

2012

  • # Closed Sales: 902
  • Average Sales Price: $238,735
  • Median Sales Price: $211,537

2013

  • # Closed Sales: 1,133
  • Average Sales Price: $227,028
  • Median Sales Price: $260,000

Takeaways

  • We’ve closed 25.6% more new home sales year-to-date in 2013 than we did for the same time period in 2012.
  • The median sales price for new homes has increased by 22.9% year-over-year.
  • New home sales have become an alternative for our lack of existing resale home inventory.

Data pertains to new Ada County single-family homes on lot or acreage.  Data does not include condo or townhome properties.
Data includes closed new home sales from January 1st to August 31st of each year.
Data includes To Be Built, Under Construction, and New-Never Occupied age categories.
 

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