landproDATA Analysis Reports
February 2023 (6 Results) View All
Subdivision Development In Star
landproDATA reveals Star’s inventory of entitlement and approved preliminary plat lots fell throughout the second half of 2022. Vacant lots grew as builders pulled half as many permits this January than January 2022 and new home sales dropped off as well. Despite seasonal ups and downs, Star continued to record new subdivisions throughout 2022 and in January 2023.
CONTINUE READING >Subdivision Development In Caldwell
Caldwell’s inventory of entitlement and approved preliminary plat lots trended upward while building permits and new home transfers declined throughout 2022 as we’ve seen throughout Canyon County. Vacant lots and final plat lots remained constant. However, when comparing January 2023 to January 2022 we show a steep decline in recorded lots and newly issued building permits while new home transfers fell, but at a much slower rate.
CONTINUE READING >Subdivision Development In Eagle
New home sales continued to decline in Eagle and landproDATA shows builders pulled back on building permits in the second half of last year. Lot recordings trended slightly downward despite seasonal highs. Entitlement lots remained constant at the end of 2022 with the majority in these three subdivisions: Torrente Secco, Cascade Springs and Spring Valley.
CONTINUE READING >Subdivision Development In Meridian
Entitlement lots in Meridian have plunged with the recent slowdown in land development but Meridian continued to approve the preliminary plats that were in the pipeline. Inventory of vacant lots continued to climb as newly issued building permits fell. Final plat lots dropped off slowly and the number of newly recorded subdivision lots remained steady despite seasonal ups and downs. Meridian, however, did show a steep decline in new home transfers whereas, earlier we reported Nampa’s new home sales only slightly declined.
CONTINUE READING >Subdivision Development In Nampa
The trend in Nampa for 2022 was largely as we have seen in the rest of the Treasure Valley. As new home sales decreased in the second half of the year, builders pulled back on building permits. The net effect is that vacant lots grew, but not as much as might have been expected given the decrease in new home sales. Land development submittals and lot recordings slowed down as well as the demand for new building lots waned. Overall, the land development/home building market has maintained stability, although at a slightly lower pace.
CONTINUE READING >Development Summary by Engineering Firm
landproDATA recently reported residential subdivision development summaries by Builder & Developer and Lead Agency in the Treasure Valley. This report presents the data by Engineering Firm. In Ada County, Bailey Engineering, KM Engineering, J-U-B Engineers, and Centurion Engineers lead the field in both entitlement and approved Lots. In Canyon County, Bailey, T-O, J-U-B, KM, Mason & Associates, CK Engineering and Breckon Land Design are responsible for over 75% of the lots in the entitlement process. Final plats in progress seem to be spread more evenly across both counties. The pace of final plats suggests that development is still trying to keep up with lot demand, even with the current slower pace of home sales.
CONTINUE READING >