Newsletter | 2021 Q3
2021 Q3 Residential Statistics
| Submitted Final Plat Lots* | Recorded Subdivision Lots | Building Permits | Recorded Surveys | Vacant Lots | ||
|---|---|---|---|---|---|---|
| ID | Ada | 1665 | 1202 | 929 | 116 | 3995 |
| ID | Canyon | 730 | 864 | 671 | 110 | 2432 |
* Submitted Lots data may be delayed depending on each agency's reporting process.
Treasure Valley Market News
The 3rd quarter of 2021 issued 1,600 new residential construction permits compared to 2,066 new subdivision lots recorded. This boost in new subdivisions coupled with a decrease in building permits augments more vacant lots to the outstanding inventory for a net positive gain of 466 buildable lots.
HILLS CENTURY FARM NORTH NO 2 in Meridian is one of several large subdivisions recorded during the 3rd quarter, consisting of 134 buildable lots. Top builders Corey Barton Homes (CBH), Blackrock Homes, and Hubble Homes led the charge in both Ada and Canyon counties for new residential permits.
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 (source)
Building permits volume and housing sales statistics reflect diminished construction this quarter, while demand remains high:
- Year-over-year MLS data shows a decrease in new home sales volume when compared with Q3 of 2020, down from 1,258 to 726 homes sold.
- A substantial increase was observed in average new construction sale price ($157,606 +33.6%) and existing home sale price ($162,663 +36.2%) since Q3 of last year.
- New construction average sale price increased from $580,425 to $627,144 (+8.5%) during Q3.
- For existing homes, average sales price in Ada County rose from $602,140 to $622,562 (+3.4%) during Q3.
MLS sales statistics show similar changes across the state, with most activity located in Ada, Canyon and Kootenai counties.
Our comprehensive tracking of new Developments in Ada and Canyon counties reveals insight into "pending” lots. Our data indicates that approximately:
- 11,000 lots have been submitted as Final Plats. These are likely to be recorded within the next 18 months.
- 17,000 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.
- 20,000 lots have been submitted to lead agencies for review but have not yet been approved.
2021 Q3 Residential Lots
Submitted vs. Recorded vs. Permits
* Submitted Lots data may be delayed depending on each agency's reporting process.
2021 Q3 Statistics
Top Builders
Ada
| Builder - New Residential | Permits |
|---|---|
| Corey Barton Homes, Inc. | 141 |
| Hubble Homes, LLC | 83 |
| Blackrock Homes LLC | 74 |
| Toll Bros., Inc. | 55 |
| Brighton Homes | 35 |
| Venta Homes Inc. | 32 |
| Riverwood Homes, Inc. | 31 |
| Hayden Homes Idaho, LLC | 29 |
| Tresidio Corporation | 28 |
| Berkeley Building Company, Inc. | 23 |
| Others | 398 |
| Total | 929 |
Canyon
| Builder - New Residential | Permits |
|---|---|
| Corey Barton Homes, Inc. | 131 |
| Hubble Homes, LLC | 119 |
| Toll Bros., Inc. | 59 |
| Hayden Homes Idaho, LLC | 53 |
| Iron Oak Homes, LLC | 22 |
| Brighton Homes | 21 |
| Brookstone Custom Homes | 13 |
| Pioneer Homes, Inc. | 12 |
| Stacy Construction, Inc. | 11 |
| Alturas Homes, LLC | 11 |
| Others | 219 |
| Total | 671 |
Top Surveyor Firms
Ada
| Surveyor Firm | Lots (Residential) | Lots (Total) |
|---|---|---|
| Land Solutions, Land Surveying and Consulting, PC | 348 | 395 |
| Idaho Survey Group, LLC | 328 | 380 |
| KM Engineering, LLP | 210 | 243 |
| J-U-B Engineers, Inc. | 82 | 95 |
| Sawtooth Land Surveying, LLC | 80 | 95 |
| Civil Survey Consultants, Inc. | 37 | 43 |
| Sawtooth Land Surveying LLC | 34 | 41 |
| Land Group, Inc. (The) | 31 | 38 |
| B & A Engineers, Inc. | 24 | 26 |
| Engebritson Land Survey, Inc. | 9 | 11 |
| Others | 19 | 29 |
| Total | 1202 | 1396 |
Canyon
| Surveyor Firm | Lots (Residential) | Lots (Total) |
|---|---|---|
| Idaho Survey Group, LLC | 298 | 347 |
| J-U-B Engineers, Inc. | 263 | 293 |
| Land Solutions, Land Surveying and Consulting, PC | 205 | 233 |
| T-O Engineers, Inc. | 50 | 55 |
| David Evans and Associates, Inc. | 26 | 28 |
| Skinner Land Survey Co., Inc. | 13 | 13 |
| LR Geomatics PLLC | 6 | 7 |
| Compass Land Surveying, PLLC | 3 | 4 |
| Others | 0 | 0 |
| Total | 864 | 980 |
Top Engineer Firms
Ada
| Engineer Firm | Lots (Residential) | Lots (Total) |
|---|---|---|
| Bailey Engineering, Inc. | 272 | 310 |
| KM Engineering, LLP | 210 | 243 |
| Civil Innovations, PLLC | 177 | 201 |
| Engineering Solutions, LLP | 116 | 130 |
| J-U-B Engineers, Inc. | 82 | 96 |
| Civil Site Works LLC | 80 | 95 |
| Erickson-Civil, Inc. | 52 | 59 |
| CK Engineering, PC | 48 | 57 |
| Civil Survey Consultants, Inc. | 37 | 43 |
| ESE Consultants, INC. | 37 | 46 |
| Others | 91 | 116 |
| Total | 1202 | 1396 |
Canyon
| Engineer Firm | Lots (Residential) | Lots (Total) |
|---|---|---|
| Bailey Engineering, Inc. | 344 | 383 |
| J-U-B Engineers, Inc. | 263 | 293 |
| NV5 (formerly WHPACIFIC, INC.) | 54 | 64 |
| T-O Engineers, Inc. | 49 | 54 |
| Land Solutions, Land Surveying and Consulting, PC | 44 | 52 |
| CK Engineering, PC | 37 | 56 |
| Rock Solid Civil LLC | 26 | 28 |
| Leavitt & Associates Engineers, Inc. | 24 | 25 |
| Skinner Land Survey Co., Inc. | 10 | 10 |
| KM Engineering, LLP | 6 | 7 |
| Others | 7 | 8 |
| Total | 864 | 980 |
Record Of Survey
Ada
| Surveyor | Surveys |
|---|---|
| Nathan J Dang | 24 |
| Patrick A Tealey | 9 |
| James R Washburn | 6 |
| Gregory G Carter | 5 |
| Fritz Brownell | 5 |
| Joseph D Canning | 4 |
| Ronald M Hodge | 4 |
| Kelly S Kehrer | 4 |
| Cody M McCammon | 3 |
| Michael Byrns | 3 |
| Others | 49 |
| Total | 116 |
Canyon
| Surveyor | Surveys |
|---|---|
| Thomas J Wellard | 22 |
| Darin A Holzhey | 12 |
| Kenneth H Cook | 8 |
| Kevin Sorensen | 7 |
| Nathan J Dang | 5 |
| Jeremiah B Fielding | 5 |
| Richard A Gray | 4 |
| John S Gletne | 4 |
| Kenneth Lane Thomason | 3 |
| Nathan B Weber | 3 |
| Others | 37 |
| Total | 110 |
CPF
Ada
| Surveyor Firm | CPFs |
|---|---|
| Accurate Surveying & Mapping, P.C. | 6 |
| Land Group, Inc. (The) | 6 |
| Idaho Survey Group, LLC | 4 |
| KM Engineering, LLP | 3 |
| B & A Engineers, Inc. | 2 |
| Civil Survey Consultants, Inc. | 2 |
| LR Geomatics PLLC | 1 |
| Total | 24 |
Canyon
| Surveyor Firm | CPFs |
|---|---|
| T-O Engineers, Inc. | 3 |
| J-U-B Engineers, Inc. | 2 |
| Idaho Survey Group, LLC | 1 |
| Land Solutions, Land Surveying and Consulting, PC | 1 |
| Parametrix, Inc. | 1 |
| Total | 8 |
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