PTC Index

Nine variables. One number.

The PTC Index utilizes a proprietary algorithm that weighs nine key real estate variables. These variables, though widely available, have not been easily collected in a single location. The PTC Index changes that.

This months PTC Index details are below. Previous months can be viewed by selecting a date from the drop down menu below.

These numbers are for Ada and Canyon County.

Overview

Building Permits
New Home Sales
Existing Home Sales
Refinance
Average Sales Price
Financial-Bond Market (10-yr Treasury)
Days on Market
Notices of Default
PTC Index

Overview

Ada County dipped slighly in the Average Sales Price from June to July. July's ASP came in at $184,241 which is down from June's Average Sales Price of $188,761. New and existing home sales also fell 12% from June’s strong numbers.

July 2011

Building Permits 121
New Home Sales 71
Existing Home Sales 494
Refinance 344
Average Sales Price 184241
Financial-Bond Market (10-yr Treasury) 3
Days on Market 79
Notices of Default 225

Overview

Canyon County saw positive gains in Building permits and Refinances. Distressed properties and Notices of Default both fell which are signs of a stabilizing market. This good news was somewhat shadowed by a decline in the Average Sales Price. Canyon Canyon went from $104,472 in June to $96,489 in July.

July 2011

Building Permits 21
New Home Sales 9
Existing Home Sales 263
Refinance 89
Average Sales Price 96489
Financial-Bond Market (10-yr Treasury) 3
Days on Market 83
Notices of Default 149

Pioneer Title Company offer no guarantees, express or implied, with regard to this data. Though gathered from various sources and calculated in good faith, neither the PTC Index or the underlying data should be used as a substitute for legal, real estate or other professional advice. The PTC Index algorithm, data collection method and other functions are subject to change at any time.