Thanks for my friends at Ada County Assessor’s office for providing some data. This really helps me understand the dynamics of the market.
The two below graphs shows 1) TOTAL ACRES developed for subdivisions 2) TOTAL PARCELS developed for subdivisions.
1 Parcel = 1 Lot
At the time of this posting, I am not 100% sure that 1 Parcel equals 1 building lot, since there are of subdivisions with park parcels, common area parcels, etc.
However, I really don't care the EXACT number of buildings lots, just the overall trend direction.
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