For 15 years Build Idaho has been producing the Who's Who report on new construction across the Treasure Valley. Our most recent report on Top Producing Builders is based on building permits. This report includes all permits in 2019 across Ada, Canyon, Boise and Gem counties.

For many years it has been a 'Sellers Market' but now we are seeing the market shift and so begins a possible correction.

Real Estate Review of most expensive and exclusive places to live. Check out our real estate review of top luxury communities including average sales price and price to square foot plus other new home pricing data.
 

Based on 2,400+ New Home Sales in 300+ Communities in 2015

Boise Idaho Building Permit Report

New construction in the Treasure Valley have seen upward movement for at least a year and a half. June 2013 was down 89 in Ada County building permits from May which represents a 32% decrease. Canyon County realized 50 fewer permits, over 50% decrease.While this is a significant drop it is normal for permit activity to decrease at this time of the year but this frop was higher than expected.

Charts display average sales prices of new vs existing homes by quarter from 2006 to 1st Quarter 2014.

This month's survey of subdivision includes Boise, Eagle, Nampa, Middleton, Meridian, Caldwell, Star, and surrounding communities. Learn more about average sales prices and price per square foot!

This months best selling subdivisions can best be described as wide and deep. There were 88 subdivisions competing in October and the majority sold 1 home!

After years of builder's asking "when will it be normal again?," it seems we may have found it. Over the last 12 months Ada Count has produced over 2,500 building permits which is very much in line with historical patterns and growth of the Treasure Valley. Canyon County is normally a third to one half of the Boise Market and seems to be gaining momentum. Building lots still seems to be the primary concern of builders as opportunity is limited by inventory and many subdivisions are comprised of exclusive builder teams. Several subdivisions are coming on board in the near future although no one is predicting lot prices to drop.

After years of builder's asking "when will it be normal again?," it seems we may have found it. Over the last 12 months Ada Count has produced over 2,500 building permits which is very much in line with historical patterns and growth of the Treasure Valley. Canyon County is normally a third to one half of the Boise Market and seems to be gaining momentum. Building lots still seems to be the primary consern of builders as opportunity is limited by inventory and many subdivisions are comprised of exclusive builder teams. Several subdivisions are coming on board in the near future although no one is predicting lot prices to drop.

Everyone knows the story of real estate and how in 2006 the first signs of the bubble bursting  showed up. Now we have stability and it may even be fair to say that opportunity is gone. Obviously, there is always opportunity but those good deals are not as drastic as they were. As a matter of fact, for 2 years the Boise Idaho Real Estate Market has been strong.

Boise Idaho Home Builder Todd Campbell of Todd Campbell Custom Homes in Boise Idaho answers the Question- What trends do you see in home building in 2012? Currently, the majority of homes being sold in Boise Idaho are empty nester home buyers. They are downsizing and looking for a certain type of home.