Fidelity National Title Idaho Blog

LandPro Numbers Are In, And They Add Up to a Tight Market

Posted by Fidelity National Title Idaho on Mar 5, 2020 1:00:00 PM

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LandPro recently released their fourth-quarter 2019 statistics, which gives us the perfect opportunity to share a by-the-numbers snapshot of the current market.

1,665
Number of new residential construction permits issued in the fourth quarter of 2019.


1,984
Number of new subdivision lots recorded during that time.


-1,696
Deficit of vacant residential lots for the year across the Treasure Valley.


85
Percentage of lots in supply in January 2020 compared to January 2019.


8,000-10,000
New lots in the development pipeline that are ready to come online in the next 18 months.


75
The percentage of those estimated lots that are in Nampa, Boise, and Caldwell.


4,921
Number of building permits pulled for Ada County in 2019.


2,367
Number of building permits pulled for Canyon County in 2019.


Thanks to LandPro for allowing us to share these stats with our readers. If you have questions about what these numbers mean for you and your business, give your Fidelity National Title representative a call. We’re here to help you with strategies and tools to make the most of this competitive market.

Tags: Construction, LandPro, Permits, Stats

Serving the Real Estate Community of Idaho For Over 60 Years. We are the most trusted name in title insurance Since 1848 specializing in personal, exceptional service for all of our valued customers. Fidelity National Title Company provides premier title insurance, escrow & closing services. Fidelity National Title is one of the nation's premier real estate service companies, providing title insurance and other real estate-related products and services and is part of Fidelity National Financial, a Fortune 500 company.

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