landproDATA Analysis Reports
March 2023 (7 Results) View All
Development Summary In Ada County
Residential development in Ada County remains slow as lot inventories in the preliminary and final plat phases hardly changed since last month. Lots recorded jumped in January contributing to the rising vacant lot inventory. Sales of new homes fell to less than ½ of what they were in December and newly issued building permits were consistent with 2022 Q3 numbers.
CONTINUE READING >Subdivision Development In Canyon County Unincorporated
Inventory of recorded lots dropped off last quarter in Unincorporated Canyon County but newly issued building permits rose slightly. Entitlement lots have steadily declined which is consistent with what we’re seeing throughout the Treasure Valley. Approved preliminary plat lots and final plat lots remained fairly stable with both increasing last quarter.
CONTINUE READING >Subdivision Development In Ada County Unincorporated
Newly submitted lots in Unincorporated Ada County remain low as do lots in the final plat stage awaiting recording. However, there are 1600 lots that are approved awaiting a final plat; these lots are found mainly in 3 projects: Dry Creek Ranch, Dry Creek Ranch Village and Neville Ranch. Building permits are down from this time last year and the recording of Dry Creek Ranch Subdivision No. 8 and Dry Creek Ranch Village No. 2 contributed the most to recorded lots in January.
CONTINUE READING >Subdivision Development In Kuna
In Kuna, land development submittals and lot recordings continued to decline in January 2023 as did the demand for new building lots.
CONTINUE READING >Subdivision Development In Garden City
Garden City’s Development Services Department is temporarily suspending pre-applications due to work volume and staff shortages. Therefore, we should see the inventory of entitlement lots slowly drop if Garden City can continue to approve existing projects already in the development process. There hasn’t been a newly recorded subdivision since September. The spike in new building permits in January 2023 fall primarily on a 6.5 acre, infill parcel within Steins Subdivision that will contain a mix of single family and apartment lots.
CONTINUE READING >Subdivision Development In Boise
Demand for new homes in Boise grew at the tail end of 2022 and building permits declined as we’ve seen throughout the Treasure Valley. With 171 newly recorded residential lots in January, will Boise’s vacant lot inventory continue to grow and will there be a rise in permits in the coming months, or will builders continue to hold back? Entitlement lots dropped due to diminished demand for new land and the inventory of approved preliminary plat lots grew as construction slowed down.
CONTINUE READING >Subdivision Development In Middleton
Land development submittals and lot recordings decreased in Middleton as the demand for new building lots weakened. The increased inventory of approved lots was primarily due to the preliminary plat approval of 641 lot, Quarry East Subdivision in August. Vacant lots dropped slightly in January after slowly increasing at the end of 2022. Building permits dropped to an average of 5 per month but the sale of new homes in Middleton remained constant at close to 15 per month.
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