DATUM Newsletter - 2020 Q1


2020 Q1 Residential Statistics

Submitted
Final Plat
Lots*
Recorded
Subdivision
Lots
Building
Permits
Recorded
Surveys
Vacant
Lots
IDAda1365121011851204780
IDCanyon7466576031102034

* Submitted Lots data may be delayed depending on each agency's reporting process.

Brief Lots Replenishment

With 1,788 new residential construction permits issued versus 1,867 new subdivision lots recorded during 2020 Q1, another minor replenishment of vacant lots provides reprieve to the intensive housing demand that has steadily chipped away at our outstanding vacant lots supply.

Treasure Valley Residential Construction by Quarter
Submitted Plat Lots*, Recorded Lots, Permits, & MLS Sales**

* Submitted Lots data may be delayed depending on each agency's reporting process.

** MLS Sales Data—Intermountain Multiple Listing Service, Inc. (http://publicstats.intermountainmls.com/static/staticreports.aspx)

Of course there is also diminished economic activity to contend with, as evidenced by relatively fewer issued permits across many agencies during the month of March. However that is not a universal trend - the cities of Star and Eagle approached record permits during March 2020, and elsewhere construction has certainly not halted. Overall, land development is still underway at a reasonable pace considering present social hindrances, and the industry appears optimistic to meet continued demand for housing with new product during the warmer season.

In fact, MLS Sales Statistics for 2020 Q1 reports one of the highest volume of new construction sales from recent history, and an 8% increase in median price to boot! As displayed by the yellow line above, there has been strong buyer activity to initiate the new year.

So despite unusual circumstances affecting our interconnected communities, builders are still under pressure to deliver new supply to a receptive marketplace. With reduced availability of land in Ada county, we continue to forecast that Canyon will receive greater attention. Likewise other areas of the state are sure to see accelerated growth. To that end, landproDATA now boasts 9 counties with documents coverage for Subdivisions, Records of Surveys, and Corner Records: Ada, Canyon, Payette, Gem, Twin Falls, Blaine, Bingham, Bannock, and Kootenai, with continued expansion underway throughout Idaho and beyond.

As a final point of analysis, our increasingly comprehensive tracking of new Developments in Ada and Canyon counties has revealed valuable insight into the inventory of "pending” lots. Our data indicates that approximately:

  • 9,300 lots have been submitted as Final Plats. These are likely to be recorded within the next 18 months.
  • 17,500 lots have been approved as Preliminary Plats, but have not yet been submitted as Final Plats. These are likely project phases which will become final plats within the next few years.
  • 11,500 lots have been submitted to lead agencies for review but have not yet been approved.

These numbers suggest that although active vacant lots supply has been steadily diminishing for years, the reserve of upcoming lots in the pipeline will sustain progress in housing construction activities for the foreseeable future. landproDATA Professional Users can view and search these Developments on our GIS map to see activity throughout the Treasure Valley.

2020 Q1 Residential Lots
Submitted vs. Recorded vs. Permits

* Submitted Lots data may be delayed depending on each agency's reporting process.


2020 Q1 Statistics

Top Builders

Ada
BuilderNew Residential Permits

Corey Barton Homes, Inc.

291

Toll Bros., Inc.

59

Hayden Homes Idaho, LLC

59

Brighton Homes

50

Hubble Homes, LLC

41

Hunter Homes, Inc.

38

Alturas Homes, LLC

30

Blackrock Homes LLC

27

COASTAL CONSTRUCTION

26

Riverwood Homes, Inc.

25

Others

539

Total

1185

Canyon
BuilderNew Residential Permits

Corey Barton Homes, Inc.

168

Hubble Homes, LLC

106

Hayden Homes Idaho, LLC

64

Toll Bros., Inc.

51

Sunrise Homes

15

Alturas Homes, LLC

14

Brookstone Custom Homes

9

Blast Properties, LLC

8

Tresidio Corporation

7

Hathaway Homes, LLC

6

Others

155

Total

603


Top Surveyors

Ada
SurveyorLots - ResidentialLots - Total

Clinton W Hansen

401

463

Robert L Kazarinoff

127

142

Cody McCammon

116

121

Aaron L Ballard

97

126

Gregory G Carter

95

109

Timothy Harrigan

71

83

Joseph D Canning

63

72

Carl Porter

63

81

Michael S Femenia

58

64

James R Washburn

57

67

Others

62

77

Total

1210

1405

Canyon
SurveyorLots - ResidentialLots - Total

Gregory G Carter

263

290

Robert F O'Malley IV

83

88

Darin A Holzhey

76

82

Robert L Kazarinoff

42

44

Nathan J Dang

40

47

Kelly S Kehrer

37

42

Lawrence H Koerner

27

28

Rob O`Malley,

Rob F O'Malley IV

25

29

Aaron P Rush

17

20

Eric J Howard

16

16

Others

31

32

Total

657

718


Top Engineer Firms

Ada
Engineer FirmLots - ResidentialLots - Total

Engineering Solutions, LLP

210

241

J-U-B Engineers, Inc.

198

225

RiveRidge Engineering Company

116

121

Land Group, Inc. (The)

115

131

KM Engineering, LLP

97

113

Rock Solid Civil LLC

73

90

Bailey Engineering, Inc.

64

70

B & A Engineers, Inc.

63

72

J.J. Howard Engineering and Surveying

26

26

Rennison Engineering, PLLC

24

29

Others

224

287

Total

1210

1405

Canyon
Engineer FirmLots - ResidentialLots - Total

Bailey Engineering, Inc.

219

240

T-O Engineers, Inc.

108

117

Mason & Associates, Inc.

76

82

Breckon Land Design Incorporated

57

67

J-U-B Engineers, Inc.

42

44

Rock Solid Civil LLC

38

40

KM Engineering, LLP

37

42

Civil Dynamics, P.C.

16

16

Orton Engineering

13

13

Intermountain Engineering, PC

4

4

Others

47

53

Total

657

718


Record Of Survey

Ada
Surveyor FirmSurveys

Accurate Surveying & Mapping, P.C.

27

Idaho Survey Group, LLC

12

Fox Land Surveys, Inc.

10

B & A Engineers, Inc.

7

Land Group, Inc. (The)

6

Marks Land Surveying, Inc.

6

Tealey's Land Surveying

6

Compass Land Surveying, PLLC

4

KM Engineering, LLP

4

LR Geomatics PLLC

4

Others

34

Total

120

Canyon
Surveyor FirmSurveys

Skinner Land Survey Co., Inc.

36

Timberline Surveying PLLC

13

T-O Engineers, Inc.

11

Compass Land Surveying, PLLC

10

Eagle Land Surveying, LLC.

7

Idaho Survey Group, LLC

6

Mason & Associates, Inc.

6

Accurate Surveying & Mapping, P.C.

4

Al's Pin Pounders, LLC

3

David Evans and Associates, Inc.

2

Others

12

Total

110


CPF

Ada
Surveyor FirmSurveys

KM Engineering, LLP

3

Ada County Highway District

2

Fox Land Surveys, Inc.

2

Land Solutions, Land Surveying and Consulting, PC

2

A.A. Hudson and Associates

1

Eagle Land Surveying, LLC.

1

Forsgren Associates, Inc.

1

LR Geomatics PLLC

1

Others

0

Total

13

Canyon
Surveyor FirmSurveys

T-O Engineers, Inc.

38

Stricker Surveying PLLC

4

J-U-B Engineers, Inc.

3

Timberline Surveying

3

Eagle Land Surveying, LLC.

2

Idaho Transportation Department

1

Keller Associates, Inc.

1

Land Solutions, Land Surveying and Consulting, PC

1

Mason & Associates, Inc.

1

Skinner Land Survey Co., Inc.

1

Others

1

Total

56


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