Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000...

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Eastern Idaho COVID-19 Economic Report | June 29, 2020 Other Reports

Transcript of Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000...

Page 1: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Eastern Idaho COVID-19 Economic Report | June 29, 2020

Other Reports

Page 2: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

RBDC Weekly COVID-19 Economic Report

About the Report

The RBDC is tracking the economic impact of the COVID-19 outbreak on eastern Idaho. The report is compiled by RBDC student research teams and will be updated weekly. We hope you find the report helpful to you. We appreciate the organizations that have contributed funds to make this report available. Please contact Will Jenson ([email protected]) if you would like to participate in our weekly industry surveys or would like to contribute to our report in some other way.

-Thank you

Page 3: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

New This Week

● Airport passengers in Idaho Falls, Pocatello, Boise, Jackson, Wyoming, and Salt Lake City significantly dropped at the beginning of the Stay at Home order in March 2020

● Hotel room rates and revenue is continuing to rise every week

● Teton County, Wyoming’s job loss related to Covid-19 jumped significantly in March 2020

● Traffic counts in Bonneville and Madison Counties are as high or higher than pre-pandemic counts

● For real estate in Eastern Idaho, all trends have followed past trends, with the exception of sales which have decreased compared to last year

Page 4: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Business Formation Statistics (BFS Applications)

Source: https://www.census.gov/library/visualizations/interactive/bfs-weekly-business-applications.html

Page 5: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Madison County

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 6: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Bonneville County

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 7: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Jefferson County

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 8: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Bonneville, Jefferson, & Madison Counties

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 9: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Blaine County

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 10: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Building Permits – Eastern Idaho Counties

Source: https://web.dbs.idaho.gov/eTRAKiT3/Custom/Idaho_PermitSearch.aspx

Page 11: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Number of Airport Passengers

Source: Bureau of Transportation Statisticshttps://www.transtats.bts.gov/Data_Elements.aspx?Data=1

Page 12: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Number of Airport Passengers

Page 13: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Number of Airport Passengers

Page 14: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

US Hotel Weekly Data

https://str.com/data-insights/news/press-releases?field_region[30]=30&coverage[min]=1900-06-19%2010%3A59%3A19&coverage[max]=2100-06-19%2010%3A59%3A19&page=4

Page 15: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

US Hotel Weekly Data

https://str.com/data-insights/news/press-releases?field_region[30]=30&coverage[min]=1900-06-19%2010%3A59%3A19&coverage[max]=2100-06-19%2010%3A59%3A19&page=4

Page 16: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

US Hotel Weekly Data

https://str.com/data-insights/news/press-releases?field_region[30]=30&coverage[min]=1900-06-19%2010%3A59%3A19&coverage[max]=2100-06-19%2010%3A59%3A19&page=4

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Jackson Hole, Wyoming

http://jhchamber.s3.amazonaws.com/CMS/2108/375386.jhchamber.4x16.6-24.7lf.pdf

Page 18: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

State of Idaho

ttps://tax.idaho.gov/i-1039.cfm** On tax.idaho.gov: May Collection for April, April Collection for March, March Collection for February.** One month lag time on reporting.

Page 19: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Teton County, Wyoming - Lodging Tax

http://jhchamber.s3.amazonaws.com/CMS/2108/375386.jhchamber.4x16.6-24.7lf.pdf

Page 20: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Teton County, Wyoming -Unemployment Claims

http://jhchamber.s3.amazonaws.com/CMS/2108/375386.jhchamber.4x16.6-24.7lf.pdf

Page 21: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Teton County, Wyoming - Lodging Tax

http://jhchamber.s3.amazonaws.com/CMS/2108/375386.jhchamber.4x16.6-24.7lf.pdf

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Small Business Grants

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Distribution of Grants by County

Page 24: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Distribution of Grants per Industry

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Eastern Idaho Real Estate

Source: Snake River MLS (Bonneville, Jefferson, Madison Counties)

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Eastern Idaho Real Estate

Source: Snake River MLS (Bonneville, Jefferson, Madison Counties)

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Eastern Idaho Real Estate

Source: Snake River MLS (Bonneville, Jefferson, Madison Counties)

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Traffic Volumes - Bonneville

Page 29: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Traffic Volumes - Bonneville

Page 30: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Traffic Volumes - Jefferson

Page 31: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Traffic Volumes - Jefferson

Page 32: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Traffic Volumes - Madison

Page 33: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Traffic Volumes - Madison

Page 34: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Comparing Traffic: Ada County

Page 35: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Comparing Traffic: Ada County

Page 36: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Idaho Metro Gasoline Prices

AAA. 2020. Gas Prices. June 25. Accessed June 25, 2020. https://gasprices.aaa.com/?state=ID.

Page 37: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Idaho Falls Gasoline Prices

AAA. 2020. Gas Prices. June 27. Accessed June 27, 2020. https://gasprices.aaa.com/?state=ID.

Page 38: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Idaho Falls Gasoline Prices

Idaho Falls’ average regular gasoline prices with previous year comparison.

AAA. 2020. Gas Prices. June 27. Accessed June 27, 2020. https://gasprices.aaa.com/?state=ID.

Page 39: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Idaho Counties Gasoline Prices

Clark Fremont

Jefferson MadisonTeton

Bonneville

Bear Lake

Bingham

Bannock

Caribou

Franklin

$2.00 - $2.09

$2.10 - $2.19

$2.20 - $2.29

$2.30 - $2.39

$2.40 - $2.49

$2.50 - $2.59

$2.60 - $2.69

Power

Oneida

Average Regular Gasoline Price

Moen, J. (2016, July 12). Idaho County Map. Retrieved from World Atas: https://www.worldatlas.com/webimage/countrys/namerica/usstates/counties/idcountymap.htmAAA. 2020. Gas Prices. June 26. Accessed June 26, 2020. https://gasprices.aaa.com/?state=ID.

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Idaho Counties Gasoline Prices

AAA. 2020. Gas Prices. June 26. Accessed June 26, 2020. https://gasprices.aaa.com/?state=ID.

Page 41: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

State Gasoline Price Comparison

AAA. 2020. Gas Prices. June 26. Accessed June 26, 2020. https://gasprices.aaa.com/?state=ID.

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Idaho Falls Weather

Page 43: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

Rexburg Weather

Page 44: Other Reports...2020/06/29  · Median Sold Price 2019 2020 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Average Sold Price 2019 2020 Eastern Idaho Real Estate

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