The numbers are in and there are a lot of bright spots for the Treasure Valley! For the third year in a row home sales have increased since the low in 2008. Ada County is up 26% in unit sales since then; Canyon 48%.
Also there is a strong gain over 2010. 5% in Ada and 6% in Canyon. Here is a picture of unit sales activity since 1999 in Ada.
A1 – Ada County Yearly Sales History
Here is the same picture that breaks out the New Construction from the resale. No wonder so many builders are out of business! However I believe that 2011 will be the “bottom point” for New Construction and we will see an uptick in 2012.
A1A – Ada County Yearly Sales History
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