“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
Stats 101: An Introduction to Webb Charts and Real Estate Statistics
New to Webb Charts or real estate statistics? Join Jere Webb for an introductory session just prior to the Noon analytics “Boom or Bust?” Webb Chart Class.
- Learn why a successful Realtor should be using statistics with clients
- 73 Charts for Ada County and 53 for Canyon, Why so many charts? Learn how to customize usage for a client
- Getting comfortable with the basics – chart pictures that tell a quick & compelling story
- Mean vs. Median
- Selling Odds – different ways to calculate them determined by objectives
- “5X Market Pricing Shortcut”
- The “Cost per square foot” dilemma
- Hints for newer agents
1/15/20 special feature: Yuri Blanco, ReMax Executives Broker, will demonstrate how she uses Webb Charts with clients.

This is a FREE Class presented by Jere Webb and is not for continuing education credit.
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“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
Save the Date: Wednesday, July 25 Chart Classes at Title One in Meridian.
Headline: January Market Takes Off like a ROCKET!
Current Month’s Chart Access:
1. Select “Webb Charts” tab on the top strip, then “log in to Webb Charts.” Username always stays the same but the password changes monthly on or about the 6 – 8th.
2. Username: jerewebb
3. Password:
4. You may then choose to download one of 3 PDF file options.
Color Code: This is the Title Background so you won’t miss it!
Blue = Buyers Only
Silver = Sellers Only
Yellow = Both
January 2018 Inside Scoop – Ada County
If you like to keep score 12 vs. 4 :o)
(I am only counting an item as “Positive” if the first part is in bold)
Positive News in in Bold
1. Sales are down 26% from last month, 11% UP from this same month last year. Strong Close for the year Chart A3
2. Pending sales are UP 15% from last month, UP 34% from a year ago. Chart A47, A48, & A49.
3. The dollar volume was down 23% from last month and 35% up from this same month last year. Chart A5
4. Year to date sales units UP 11% from a year ago Chart A4. The year to date dollar volume is 35% higher this year. Wow!!!. Chart A6.
5. New Construction Median price up 3% this month – and a 18% Increase from this same month last year. Big swings in new construction stats since we are dealing with such small numbers of houses sold! Chart A9
6. Resale Median UP 1% this month – and a 15% increase from this same month last year. Record low 01/11 at $126,500. Chart A12.
7. Resale Affordability Unchanged– now 23%. Jan. 2005 when I started tracking Affordability it took 18% of a median income to buy a median priced resale home at the then current Freddie Mac interest rate PITI. 06/06 was the high (most Unaffordable!) at 29% Record for the most “affordable month” 01/12 at 13%. Interest Rates have climber 27 basis points in just the last month! Charts A39, A40, and A41.
8. Inventory is down 17% from last month and 14% lower than last year at this time. This a NEW RECORD LOW since I have started tracking in 1999! Charts A16 & A17
9. New Construction inventory Down. – 761 from 840 last month. Last year at this time there were 816 new homes for sale. Record high 09/06 at 1890! Record low 06/13 at 494 but it has surged up since then. I have only been tracking it since January of 2005; so 6/13 is at least a 9 year low for New Construction inventory in Ada County! Chart A19
10. Resale inventory is Down. – 424 from 582 last month. Last year at this time there were 555 resale homes for sale!!!. July 2008 was the all time record high at 3920! January 2018 is the NEW LOW Point in resale inventory at 424. This is at least an 18 Year Low! Good News for Builders! Lack of inventory is forcing more new construction activity. Chart A21
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To get the complete “inside Scoop” along with full access to over 100 charts published monthly, go to jerewebb.com and become a subscriber!
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“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
Title One – Meridian 2-4pm
Current Registration List: (Updated 1.16.18)
- Alexander, Liz John L Scott
- Arnadottir, Hafdis Coldwell Banker
- Barela, Diana Silverhawk
- Bruner, Kyle Re/Max West
- Busby, Al Coldwell Banker
- Cady, Bill Today’s
- Choudeck, Debbie Gold Star
- DiMattio, Ricky Woyak
- Dobbs, Reg Re/Max Executives
- Dusenbury, Randall Atova
- Ellis, Karen Coldwell Banker
- Enrico, Andy Andy Enrico
- Fitzsimmons, Tom Preview of Homes
- Gussie, Karen Client
- Humphrey, Darrell Silvercreek
- Jordan, Patty Brandt
- King, Seth Title One
- Knoeller, Holly Better Homes & Gardens
- Kuzmack, Thorey Accel
- LaBour, Heather Client
- Langley, Angel Silvercreek
- McChristy, Patrick Silvercreek
- McFarland, Don Re/Max West
- Mock, Laurie Silvercreek
- Munson, Mary Authority
- Nielsen, David Silvercreek
- Nussbaum, Gail Coldwell Banker
- Oliver, Julie Keller Williams
- Pitron, Georgie Better Homes and Gardens
- Re, Bill Silvercreek
- Rogan, Joe Re/Max West
- Rogan, Sherry Re/Max West
- Rudolph, Krista Genesis
- Talbert, Pat Woyak
- Thompson, Sean Silvercreek
- Ward, Mikel Group One
- Zehner, Monique Atova
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“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
Title One – Meridian 12:30 – 1:45pm
Current Registration List: (updated 1.15.18)
- Abel, Justin 208
- Brewer, Francis Silvercreek
- Brown, Michael Available
- Bruner, Kyle Re/Max West
- Butler, Sandy Homes of Idaho
- Choudeck, Debbie Gold Star
- DiMattio, Ricky Woyak
- Dyer, Dianne Better Homes and Gardens
- Goodrich, Hana Silvercreek
- Gussie, Karen Client
- Hosbein, Liz Homes of Idaho
- Humphrey, Darrell Silvercreek
- Jordan, Patty Brandt
- Kraemer, Teresa Homes of Idaho
- Kuzmack, Thorey Accel
- LaBour, Heather Client
- Luckow, Karla Dreamcatcher
- McChristy, Patrick Silvercreek
- McKenzie, Tami Equity Northwest
- Mock, Laurie Silvercreek
- Oliver, Julie Keller Williams
- Pyles, Ward Homes of Idaho
- Snell, Debbie Gold Star
- Stockman, Stephanie Homes of Idaho
- Wickham, Debbie Boise Premier
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“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
Wednesday, January 17 Chart Classes at Title One in Meridian.
12:30pm – Stats 101 – NOT for experienced Chart users – Free to all
2-4pm – Regular Chart Class – “A Quick Look at 2017 in Perspective – and Planning for 2018” – Tuition $50 FREE for Chart Subscribers
Reserve your spot at http://www.jerewebb.com
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“Stats 101” Class at Title One in Meridian – 1940 S Bonito Way #190. 1/15/20 10-11:45am
AUGUST 2017 Inside Scoop – Ada County
If you like to keep score 13 vs. 3 :o)
(I am only counting an item as “Positive” if the first part is in bold)
Positive News in in Bold
1. Sales are UP 6% from last month, 13% UP from this same month last year. Chart A3
2. Pending sales are down 4% from last month, UP 12% from a year ago. Chart A47, A48, & A49.
3. The dollar volume was UP 8% from last month and 23% up from this same month last year. Chart A5
4. Year to date sales units UP 1% from a year ago Chart A4. The year to date dollar volume is 10% higher this year. More price increases are ahead for 2017. . . . perhaps a 6-7% increase in median resale for 2017 over 2016. Chart A6.
5. New Construction Median price UP 6% this month – and an 8% Increase from this same month last year. Big swings in new construction stats since we are dealing with such small numbers of houses sold! Chart A9
6. Resale Median UP 2% this month – and a 10% increase from this same month last year. Record low 01/11 at $126,500. Chart A12.
7. Resale Affordability Unchanged– now 23%. Jan. 2005 when I started tracking Affordability it took 18% of a median income to buy a median priced resale home at the then current Freddie Mac interest rate PITI. 06/06 was the high (most Unaffordable!) at 29% Record for the most “affordable month” 01/12 at 13%. Interest Rates continue at record lows but have gone from 3.47% to 4.20% just since the election. .now in May falling back to 4.01%, June 3.9% .Charts A39, A40, and A41.
8. Inventory is down 1% from last month and 12% lower than last year at this time. This is a very significant number. Watch this, if it stays this much below last year’s levels price increases will heat up even more. Charts A16 & A17
9. New Construction inventory Down. – 711 from 724 last month. Last year at this time there were 749 new homes for sale. Record high 09/06 at 1890! Record low 06/13 at 494 but it has surged up since then. I have only been tracking it since January of 2005; so 6/13 is at least a 9 year low for New Construction inventory in Ada County! Chart A19
10. Resale inventory is Down. – 1226 from 1228 last month. Last year at this time there were 1440 resale homes for sale!!!. July 2008 was the all time record high at 3920! January 2017 is the NEW LOW Point in resale inventory at 555. This is at least a 17 Year Low! Good News for Builders! Lack of inventory is forcing more new construction activity. Chart A21
11. Single Month Measurement of Inventory Supply is Down. This month’s 1.7 from 1.8 month’s of inventory last month. This is a calculation of single month snaps – inventory for a particular month divided by that month’s sales – no averaging. January 2009 set the all time new record high at 16.7 months of inventory. NEW Record low – 06/17 at 1.6! Chart A26.
12. Two Month Rolling Average of Inventory Supply is unchanged. Keep an eye on chart A28, especially the county wide number that I have put in bold! This correlates the number of buyers with the available inventory using a “2 month rolling average” to calculate the sales. This month’s 1.7 from 1.7 last month. This is a critical benchmark number. Last year at this time it was 2.0. Chart A28
13. New Construction Two Month Rolling Average of Inventory Supply is up. Selling odds, using a “2 month rolling average” for sales is 3.1 from 2.9 last month. February 2009 set a record high of 17.3 months of inventory. Last year at this time there was a 3.7 month inventory supply. September 2005 was the peak of the seller’s market at 1.3. Charts A30
14. Resale Two Month Rolling Average of Inventory Supply is unchanged. Selling odds, using a “2 month rolling average” for sales is 1.4 from 1.4 last month. February 2009 set a record high of 15.6. Last year at this time there were 1.7 months of resale inventory. July 2005 was the peak of the seller’s market at .9. Charts A32
15. Final Sales Discount is unchanged. From the last asking price to final sales price, 0.3% from 0.3% last month. Record low – 05/17 0.2%. Last year at this time it was 0.7%. Chart 43
16. Future Business Forecast is below 100%. A54. 93% – so closings next month will be below this month’s level. Last year at this time it was 94%.
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