Newsletter | 2023 Q3
2023 Q3 Residential Statistics
Submitted Final Plat Lots* | Recorded Subdivision Lots | New Residential Construction Permits | Recorded Surveys | Vacant Lots | ||
---|---|---|---|---|---|---|
ID | Ada | 1368 | 1400 | 1166 | 109 | 6763 |
ID | Canyon | 507 | 636 | 786 | 92 | 2788 |
* Submitted Lots data may be delayed depending on each agency's reporting process.
Market Update
landproDATA reported 1,952 New Residential Construction Permits issued compared to 2,036 Recorded Subdivision Lots last quarter. In Q3 2023, the real estate and construction market displayed notable shifts. Submitted lots decreased from 1,758 in Q3 2022 to 1072 in Q3 2023 and recorded lots also fell with fewer recorded this quarter compared to the 3rd quarter last year. The YTD data for 2023 indicates a substantial 48% drop in submitted lots, with only 3,550 compared to 6,649 last year. Additionally, recorded lots declined, down to 4,469 in 2023 YTD from 5,751 in 2022 YTD, signaling a slowdown in subdivision projects. New construction permits have remained relatively stable, indicating a consistent issuance rate despite the overall activity increase in Q3. MLS sales of new homes closely mirror the previous year's data (3,558), with 3,561 sales in 2023, reflecting stability in new residential property sales.
Despite substantial growth in residential new construction permits this quarter and a moderate increase in new home sales, the decline in submitted final plat lots and the slower pace of recorded lots in 2023 suggest evolving trends and potential challenges in Treasure Valley residential land development.
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)
2023 Q3 Ada County Development Lots
Kuna | Meridian | Star | Eagle | Boise | Garden City |
Ada County |
|
---|---|---|---|---|---|---|---|
Entitlement | 2627 | 385 | 167 | 1132 | 127 | 12 | 46 |
Approved | 6623 | 3194 | 2401 | 2307 | 1128 | 126 | 1456 |
Final/Short Plat | 485 | 1989 | 1751 | 1344 | 682 | 191 | 32 |
2023 Q3 Canyon County Development Lots
Caldwell | Nampa | Middleton | Canyon County |
Notus | Greenleaf | Wilder | Melba | |
---|---|---|---|---|---|---|---|---|
Entitlement | 1441 | 1155 | 1749 | 1290 | 227 | 118 | 0 | 8 |
Approved | 4057 | 2437 | 2618 | 546 | 0 | 0 | 96 | 32 |
Final/Short Plat | 849 | 2029 | 105 | 571 | 2 | 0 | 0 | 18 |
2023 Q3 Residential Lots
Submitted vs. Recorded vs. Permits
* Submitted Lots data may be delayed depending on each agency's reporting process.
2023 Q3 Statistics
Top Builders
Ada
Builder - New Residential | Permits |
---|---|
Corey Barton Homes, Inc. | 250 |
Toll Bros., Inc. | 92 |
Brighton Homes | 70 |
AMH Development, LLC | 69 |
Blackrock Homes LLC | 49 |
Tresidio Homes LLC | 46 |
Hunter Homes, Inc. | 30 |
Venta Homes Inc. | 29 |
Shalc GC, Inc. | 25 |
Lennar Homes of Idaho, LLC | 25 |
Others | 481 |
Total | 1166 |
Canyon
Builder - New Residential | Permits |
---|---|
Corey Barton Homes, Inc. | 233 |
Hubble Homes, LLC | 114 |
Lennar Corporation | 69 |
Toll Bros., Inc. | 69 |
Hayden Homes Idaho, LLC | 64 |
Lennar Homes of Idaho, LLC | 31 |
Zenith Homes, LLC | 26 |
Sunrise Homes | 15 |
Maddyn Homes LLC | 12 |
Richmond American Homes of Idaho, Inc. | 9 |
Others | 144 |
Total | 786 |
Top Surveyor Firms
Ada
Surveyor Firm | Lots (Residential) | Lots (Total) |
---|---|---|
Land Solutions, Land Surveying and Consulting, PC | 600 | 710 |
Idaho Survey Group, LLC | 369 | 420 |
Land Group, Inc. (The) | 137 | 160 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 114 | 122 |
Compass Land Surveying, PLLC | 67 | 75 |
Sawtooth Land Surveying, LLC | 62 | 74 |
J-U-B Engineers, Inc. | 42 | 46 |
Accurate Surveying & Mapping, P.C. | 4 | 5 |
KM Engineering, LLP | 3 | 3 |
Centurion Engineers Inc. (formerly B & A Engineers, Inc.) | 2 | 2 |
Others | 0 | 5 |
Total | 1400 | 1622 |
Canyon
Surveyor Firm | Lots (Residential) | Lots (Total) |
---|---|---|
Idaho Survey Group, LLC | 136 | 164 |
KM Engineering, LLP | 107 | 125 |
Compass Land Surveying, PLLC | 102 | 112 |
Mason & Associates, Inc. | 77 | 104 |
Land Solutions, Land Surveying and Consulting, PC | 74 | 82 |
Tealey's Land Surveying | 68 | 76 |
Eagle Land Surveying, LLC | 53 | 66 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 11 | 11 |
Skinner Land Survey Co., Inc. | 8 | 9 |
Others | 0 | 0 |
Total | 636 | 749 |
Top Engineer Firms
Ada
Engineer Firm | Lots (Residential) | Lots (Total) |
---|---|---|
Kimley-Horn And Associates, Inc. | 258 | 291 |
Engineering Solutions, LLP | 169 | 208 |
Bailey Engineering, Inc. | 168 | 195 |
ESE Consultants, Inc. | 154 | 181 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 114 | 122 |
Land Group, Inc. (The) | 93 | 106 |
J-U-B Engineers, Inc. | 84 | 95 |
CK Engineering, PC | 74 | 90 |
Civil Site Works LLC | 62 | 74 |
Stanley Consultants, Inc. | 59 | 66 |
Others | 165 | 194 |
Total | 1400 | 1622 |
Canyon
Engineer Firm | Lots (Residential) | Lots (Total) |
---|---|---|
Bailey Engineering, Inc. | 172 | 210 |
KM Engineering, LLP | 107 | 125 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 79 | 87 |
Mason & Associates, Inc. | 77 | 104 |
CK Engineering, PC | 43 | 50 |
Blaine A Womer Civil Engineering | 37 | 43 |
Rock Solid Civil LLC | 34 | 37 |
Aspen Engineers | 32 | 36 |
Kimley-Horn And Associates, Inc. | 28 | 28 |
Focus Engineering, Inc. | 16 | 16 |
Others | 11 | 13 |
Total | 636 | 749 |
Record Of Survey
Ada
Surveyor | Surveys |
---|---|
Nathan J Dang | 22 |
Jeff Beagley | 9 |
Patrick A Tealey | 6 |
Joseph D Canning | 5 |
Sean Patrick Sullivan | 5 |
Kenneth H Cook | 5 |
Brandon Scott Johnson | 4 |
Colleen Marks | 4 |
James R Prince | 4 |
Larry H Koerner | 3 |
Others | 42 |
Total | 109 |
Canyon
Surveyor | Surveys |
---|---|
Thomas J Wellard | 14 |
Kenneth H Cook | 10 |
Darin A Holzhey | 7 |
Jeremiah B Fielding | 6 |
Akemi Wells | 4 |
Nathan J Dang | 3 |
Joseph D Canning | 3 |
Richard A Gray | 3 |
Ronald M Hodge | 3 |
Michael Byrns | 3 |
Others | 36 |
Total | 92 |
CPF
Ada
Surveyor Firm | CPFs |
---|---|
Land Group, Inc. (The) | 17 |
Sawtooth Land Surveying, LLC | 13 |
Forsgren Associates, Inc. | 7 |
Idaho Survey Group, LLC | 7 |
Wellington Land Surveying, P.C. | 7 |
Land Solutions, Land Surveying and Consulting, PC | 6 |
KM Engineering, LLP | 5 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 3 |
Horrocks Engineers, Inc. | 3 |
HMH Engineering | 2 |
Others | 4 |
Total | 74 |
Canyon
Surveyor Firm | CPFs |
---|---|
HMH Engineering | 23 |
David Evans and Associates, Inc. | 13 |
Timberline Surveying PLLC | 7 |
NV5 | 6 |
Sawtooth Land Surveying, LLC | 6 |
Land Group, Inc. (The) | 4 |
Ardurra Group, Inc. (formerly T-O Engineers, Inc.) | 2 |
Idaho Survey Group, LLC | 2 |
J-U-B Engineers, Inc. | 2 |
KM Engineering, LLP | 2 |
Others | 5 |
Total | 72 |
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