Monthly Market Update January 2020 Sun Valley Real Estate by Kasey Atkinson

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SUN VALLEY REAL ESTATE MARKET REPORT JANUARY 2020

KASEY ATKINSON 208.721.1744


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

Sold Volume

New Listings

Inventory

January

38

$25.6M

86

854

2020 YTD

38 (-34.4%)*

$25.6M (-21.7%)

86 (-31.7%)

854

Residential Home Sales

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

Sales

Sold Volume

New Listings

Inventory

January

10

$9.0M

28

195

2020 YTD

10 (-41.2%)

$9.0M (-45.7%)

28 (-34.9%)

195

Condo/Townhome Sales Sales

Sold Volume

New Listings

Inventory

January

17

$13.8M

25

79

2020 YTD

17 (-5.6%)

$13.8M (54.2%)

25 (-26.5%)

79

Sales

Sold Volume

New Listings

Inventory

January

4

$793K

23

425

2020 YTD

4 (-66.7%)

$793K (-76.8%)

23 (-28.1%)

425

Sales

Sold Volume

New Listings

Inventory

January

4

$955K

2

76

2020 YTD

4 (100%)

$955K (-13.6%)

2 (-60%)

76

Vacant Land Sales

Commercial Sales

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

Sold Volume

New Listings

Inventory

January

1

$4.2M

14

90

2020 YTD

1 (-50%)

$4.2M (-34.4%)

14 (180%)

90


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

Sold Volume

New Listings

Inventory

January

1

$2.4M

2

17

2020 YTD

1 (-50%)

$2.4M (-17.2%)

2 (100%)

17

Sales

Sold Volume

New Listings

Inventory

January

12

$10.9M

22

109

2020 YTD

12 (9.1%)

$10.9M (25.5%)

22 (-37.1%)

109

Sales

Sold Volume

New Listings

Inventory

January

1

$225K

5

46

2020 YTD

1 (-50%)

$255K (-92.3%)

5 (66.7%)

46

Ketchum Market

Warm Springs Market

Sun Valley Village Market Sales

Sold Volume

New Listings

Inventory

January

3

$1.6M

6

45

2020 YTD

3 (-40%)

$1.6M (-62.2%)

6 (0%)

45

Sales

Sold Volume

New Listings

Inventory

January

3

$2.7M

3

41

2020 YTD

3 (-75%)

$2.7M (-50.3%)

3 (-76.9%)

41

Elkhorn Market

South of Ketchum Market Sales

Sold Volume

New Listings

Inventory

January

4

$3.1M

7

104

2020 YTD

4 (33.3%)

$3.1M (45.8%)

7 (-56.2%)

104


Hailey Market Sales

Sold Volume

New Listings

Inventory

January

10

$3.1M

25

217

2020 YTD

10 (-9.1%)

$3.1M (2%)

25 (-16.7%)

217

Bellevue & Beyond Market Sales

Sold Volume

New Listings

Inventory

January

2

$770K

12

134

2020 YTD

2 (-33.3%)

$770K (4%)

12 (50%)

134

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

Sold Volume

New Listings

Inventory

January

0

$0

0

37

2020 YTD

0 (-100%)

$0 (-100%)

0 (-100%)

37

Historical Look at Real Estate in Sun Valley 2002 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, and the like. .


New Listings in January Number

New List Volume

Avg List Price

Residential Homes

22

$68.5M

$2M

Condos/Townhomes

25

$31.1M

$1.2M

Vacant Land

23

$17.8M

$773K

Total Inventory as of January 31 Number

Listing Volume

Avg List Price

Residential Homes

195

$571M

$1.6M

Condos/Townhomes

79

$119M

$1.5M

Vacant Land

425

$201M

$474K

Listings Under Contract as of January 31 Number

Pending Volume

Avg List Price

Residential Homes

26

$35.2M

$1M

Condos/Townhomes

23

$19.6M

$854K

Vacant Land

9

$2.3M

$259K

Information is deemed to be reliable, but is not guaranteed. All figures gathered from the Sun Valley Board of Realtors.


“HomeServices will be around tomorrow, next week, next month, and a century from now. If you're making an investment in what could be the most important asset you'll ever have, you should want to know that if you have any questions about anything, that you don't find a sign on the door that says ‘out of business’. That will never happen with HomeServices.” – Warren Buffett, Chairman and CEO, Berkshire Hathaway Inc.

KASEY ATKINSON 208.721.1744 kaseyatkinsonsv@gmail.com www.kaseyatkinson.bhhssunvalley.com 411 Fifth St E, Ketchum, ID

© 2020 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity.


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