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Developers plan for continued growth in Ada County
Main / Idaho Real Estate Insights  

I went to the Building Contractors Association of SW Idaho Developers Council and got the latest development #'s for 2008.

Ada County recorded 100 new plats in 2008 YTD compared to 187 total plats in '07. This equated to 2,359 lots compared to 6,461 in 2007. Quick Math on these #'s equates to 23.59 lots per new plat in '08 compared to 34.51 in '07.

I have not seen the plats but I would imagine that  infill projects influenced the # of lots per plat. One other note. According to ConstructionMonitor.com, there have ben 1,346 permits pulled to date giving us a surplus of 1,013 lots. Recorded does not mean that these new plats broke ground and have new lots available.

Trey Langford
Founder

 

Posted by tlangford at 11/10/2008 3:41 PM Permalink | Trackback
Comments (1)
Re:Developers plan for continued growth in Ada County
Trey- the Stateman or IBR had the Oct #'s of deliquency at higher than sales? Is this correct? If so, what kind of further inventory build do you expect thru winter? Also do you know how this looks from a total housing units per capita basis?
Posted by emdeplam on 11/12/2008 7:56 AM
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