Sun Valley Market Report for Real Estate April 2020

SUN VALLEY REAL ESTATE MARKET REPORT APRIL 2020

SUE ENGELMANN

SUN VALLEY MLS THROUGH APRIL 2020 Entire Market—All Sales & All Property Types Sales

Sold Volume

New Listings

Inventory

April

40 (-43%)*

$27.5M (-28%)

60 (-56%)

821

2020 YTD

188 (-20%)**

$151.5M (-7%)

373 (-19%)

1248 (-13%)

Residential Home Sales

* % Change figures are compared to April 2019 ** % Change figures are compared to the same point in 2019.

Sales

Sold Volume

New Listings

Inventory

April

19 (-21%)

$19.7M (+10%)

21 (-62%)

185

2020 YTD

47 (-32%)

$55.3M (-21%)

95 (-13%)

330 (-26%)

Condo/Townhome Sales Sales

Sold Volume

New Listings

Inventory

April

8 (-72%)

$2.5M (-83%)

17 (-23%)

100

2020 YTD

70 (-22%)

$49.4M (-6%)

128 (+10%)

220 (-7%)

Sales

Sold Volume

New Listings

Inventory

April

9 (-18%)

$4.3M (+183%)

16 (-68%)

425

2020 YTD

38 (+12%)

$18.2M (+95%)

100 (-34%)

532 (-4%)

Sales

Sold Volume

New Listings

Inventory

April

4 (-20%)

$.95M (-72%)

5 (-44%)

70

2020 YTD

13 (-24%)

$8.2M (-44%)

19 (-21%)

96 (-8%)

Vacant Land Sales

Commercial Sales

Luxury Residential Sales ($2.5M+ Sale Price) Sales

Sold Volume

New Listings

Inventory

April

2 (+100%)

$7.3M (+116%)

0 (0%)

84

2020 YTD

11 (+38%)

$37.8M (+22%)

4 (0%)

123 (+7%)

AREA MICRO-MARKETS THROUGH APRIL 2020 North of Ketchum Market Sales

Sold Volume

New Listings

Inventory

April

1 (+100%)

$4.5M (+100%)

1 (+100%)

13

2020 YTD

3 (+50%)

$7.4M (+157%)

4 (-43%)

20 (-23%)

Sales

Sold Volume

New Listings

Inventory

April

7 (-36%)

$4.8M (-48%)

14 (-44%)

105

2020 YTD

46 (-10%)

$54.7M (-.2%)

71 (-9%)

179 (-24%)

Sales

Sold Volume

New Listings

Inventory

April

1 (-89%)

$.8M (-89%)

3 (-73%)

55

2020 YTD

10 (-50%)

$7.7M (-52%)

23 (-23%)

75 (-32%)

Ketchum Market

Warm Springs Market

Sun Valley Village Market Sales

Sold Volume

New Listings

Inventory

April

2 (-60%)

$3.3M (-56%)

2 (-60%)

40

2020 YTD

21 (+17%)

$28.1M (+15%)

23 (-8%)

71 (+16%)

Elkhorn Market Sales

Sold Volume

New Listings

Inventory

April

2 (-75%)

$2.5M (-45%)

5 (+25%)

33

2020 YTD

18 (-47%)

$15.5M (-25%)

24 (-40%)

70 (-30%)

South of Ketchum Market Sales

Sold Volume

New Listings

Inventory

April

5 (+25%)

$9.3M (+241%)

11 (-50%)

108

2020 YTD

16 (-6%)

$23.1M (+32%)

51 (-31%)

164 (-20%)

Hailey Market Sales

Sold Volume

New Listings

Inventory

April

13 (-38%)

$4.3 (-49%)M

12 (-68%)

204

2020 YTD

50 (-18%)

$21.0M (+4%)

131 (+17%)

325 (+1%)

Bellevue & Beyond Market (Carey, Magic, Gannett, Picabo) Sales

Sold Volume

New Listings

Inventory

April

6 (0%)

$1.4M (+50%)

7 (-74%)

137

2020 YTD

17 (+13%)

$5.2M (+31%)

42 (-32%)

174 (-7%)

Stanley & Beyond Market (Challis, Mackay, Sawtooth City) Sales

Sold Volume

New Listings

Inventory

April

1 (-83%)

$390K (-83%)

5 (+25%)

36

2020 YTD

3 (-77%)

$845K (-89%)

7 (-53%)

46 (-21%)

New Listings in April Number

New List Volume

Avg List Price

Residential Homes

21 (-62%)

$38.5M (+47%)

$1.8M

Condos/Townhomes

17 (-23%)

$10.2M (-33%)

$600K

Vacant Land

16 (-68%)

$9.7M (-65%)

$606K

Listings Under Contract as of April 30 Number

Pending Volume

Avg List Price

Residential Homes

7

$6.9M

$985K

Condos/Townhomes

5

$3.0M

$600K

Vacant Land

4

$934K

$234K

Historical Look at Real Estate in Sun Valley 2005 to 2019

All figures gathered from the Sun Valley Board of Realtors. Information is deemed to be reliable, but is not guaranteed. Not all figures add up perfectly due to anomalies in reporting, out-of-area sales (Gooding, Buhl, etc),leases, mobile home sales, fractionals and the like. .

125 Greenhorn Loop, South of Ketchum 4 BD, 3 BA, 3790 SF, 1.76 Acres

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