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®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Real Estate Market Trends
Lewis-Clark Valley
March 19, 2014Prepared by: Paul J. Roy, Manager, Coldwell Banker Tomlinson, Associates
2 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Trend Report Methodology
• Data Source LC Valley Multiple Listing
Service
• Data Analyzed
— Active, Pending, Sold, Expired, and
Withdrawn Listings
• Only data in the Clarkston/Asotin and
Lewiston market areas used.
• Data deemed accurate as Reported
from source but not guaranteed.
3 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Trend Report Methodology (cont.)
• Determining Remaining Months Inventory
— This is based on assumption:
• If no new listings came on the market and sales continued at
the same pace as the previous 12 month average, how many
months before there were no homes available.
• Industry standards states:
— 6 months is considered a Normal Market
— Under 6 Months a Seller’s Market
— More than 6 Months a Buyer’s Market
• Formula for remaining months of inventory (homes)
— Total yearly sales, divided by 12 months, equals average monthly
sales
— Number active listings divided by total monthly sales average,
equals remaining months of inventory
Listing Activity
4 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Sold Data by Quarter 2012 to Present
5 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Average Days on Market
6 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Price Per Square Footage Trends
7 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Active Listings Available Compared to Number Homes Sold last 12 months
8 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Homes Available by Price Range(6 months considered Normal Market Lower than 6 = Sellers Market – Higher than 6 = Buyers Market)
9 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Homes Available by Size of Home(6 months considered Normal Market Lower than 6 = Sellers Market – Higher than 6 = Buyers Market)
10 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
What is the percentage of the list price to final contract price?
11 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Actives and Sold by Price per Square Foot
12 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Square Footage
Market Share by Number of Sales Top 5 Companies – Residential Sales Last 12 Months
13 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Market Share by Volume - Top 5 Companies Residential Homes Sales Last 12 Months
14 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Residential Market Share by Top 5 Companies Average Sold Price Last 12 Months
15 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Residential Market Share by Top 5 Companies Average List Price Last 12 Months
16 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Homes Priced $200,000 and Up –Number of Sales - Last 12 Months
17 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Homes Priced $200,000 and Up –Average Sold Market Time Last 12 Months
18 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Homes Priced $200,000 and Up –Average List to Sales Price Ratio
19 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
UNEMPLOYMENT RATE IN LEWISTON, ID-CLARKSTON, WA (MSA)
20 ®2006 Coldwell Banker Real Estate Corporation. All Rights Reserved.
Unemployment Rate was last reported at 5.20 % in December of 2013, according to the United States Federal Reserve.
Unemployment Rate for this area averaged 5.0344 % since its inception reaching a record high of 9.4000 % and a record
low of 2.4000 %. This page includes actual values, historical data, forecast, chart, statistics, economic calendar and
news for Unemployment Rate.