Market Statistics August 2019

Page 1

HOMES 2019 YTD YEAR OVER YEAR COMPARISION

SINGLE FAMILY RESIDENCE Total Active Area

Last Year

Bellevue Elkhorn in Sun Valley Hailey Ketchum Mackay South of Ketchum North of Ketchum Other Stanley Basin South Blaine Co Sun Valley Warm Springs in Ketchum TOTAL

75 61 224 91 7 149 47 85 10 34 40 59 882

This Year

77 54 185 91 16 151 30 47 7 33 36 50 777

New Listings

Number Under Contract Number Sold

Last This Year Year

Last This PCT Year Year

Last This PCT Year Year

PCT

2 47 57 -11 25 31 -17 166 146 0 51 49 128 5 9 1 88 86 -36 20 17 -44 41 26 -30 6 5 -2 26 17 -10 19 24 -15 29 25 -11 523 492

21 31 33 24 19 16 -12 133 96 -3 16 23 80 3 3 -2 39 32 -15 23 7 -36 36 20 -16 2 4 -34 13 15 26 12 16 -13 23 22 -5 350 287

6 27 23 -15 16 16 -27 122 91 43 13 20 0 2 3 -17 34 26 -69 21 6 -44 33 17 100 3 5 15 9 11 33 9 11 -4 16 18 -18 305 247

-14 0 -25 53 50 -23 -71 -48 66 22 22 12 -19

PCT

Sold Volume Last Year

10,263,170 20,230,500 54,189,275 18,430,000 345,000 40,961,500 29,758,467 11,950,500 2,145,000 4,991,000 20,415,000 28,833,000 242,512,412

Average Sale Price This Year

11,800,100 26,526,500 44,692,329 28,031,568 783,000 32,267,500 8,040,000 4,869,800 8,594,000 4,462,000 23,370,000 22,713,000 216,149,797

PCT

14 31 -17 52 126 -21 -72 -59 300 -10 14 -21 -10

Last Year

380,117 1,264,406 444,174 1,417,692 172,500 1,204,750 1,417,070 362,136 715,000 554,556 2,268,333 1,802,062 795,123

This Year

513,048 1,657,906 491,124 1,401,578 261,000 1,241,058 1,340,000 286,459 1,718,800 405,636 2,124,545 1,261,833 875,100

Median Sales Price PCT

34 31 10 -1 51 3 -5 -20 140 -26 -6 -29 10

Last Year

305,000 1,042,500 379,250 1,250,000 172,500 1,106,000 1,000,000 206,000 495,000 295,000 1,610,000 1,500,000 450,000

This Year

410,000 1,365,000 447,500 1,382,500 253,000 930,000 1,225,000 214,900 430,000 225,000 1,837,500 1,237,500 580,000

Percent of List PCT

34 30 17 10 46 -15 22 4 -13 -23 14 -17 28

Last Year This Year

97 95 98 97 98 94 92 95 97 88 91 93 95

97 95 98 97 91 96 90 96 95 93 97 94 95

PCT

0 0 0 0 -6 1 -3 0 -1 5 5 0 0

MONTHLY STATISTICS FOR AUGUST 2019 YEAR OVER YEAR COMPARISION

SINGLE FAMILY RESIDENCE Total Active Last Year Area Bellevue 39 Elkhorn in Sun Valley 33 Hailey 82 Ketchum 54 Mackay 5 South of Ketchum 86 North of Ketchum 21 Other 40 Stanley Basin 7 South Blaine Co 24 Sun Valley 22 Warm Springs in Ketchum 29 TOTAL 442

This Year

41 28 76 48 11 81 19 21 4 16 19 19 383

New Listings PCT

5 -15 -7 -11 120 -5 -9 -47 -42 -33 -13 -34 -13

Last This Year Year

5 2 15 5 0 11 2 5 2 6 2 4 59

8 8 20 4 3 10 2 3 0 1 2 1 62

Number Under Contract Number Sold Last This PCT Year Year

60 300 33 -20 + -9 0 -40 -83 0 -75 5

6 3 17 2 1 8 2 6 0 3 2 5 55

8 4 12 3 0 5 0 4 1 4 5 2 48

Last This PCT Year Year

33 33 -29 50 -37 -33 + 33 150 -60 -12

3 3 18 1 0 9 6 3 0 1 1 1 46

3 2 15 2 1 6 2 1 1 2 3 1 39

PCT

0 -33 -16 100 + -33 -66 -66 + 100 200 0 -15

Sold Volume

Average Sale Price

Last Year

This Year

1,498,500 2,325,000 8,740,500 940,000 0 16,047,500 6,380,000 436,000 0 296,000 1,525,000 3,225,000 41,413,500

3,132,200 3,357,500 7,599,000 3,988,000 160,000 + 7,960,000 2,205,000 286,000 430,000 + 1,270,000 6,533,000 799,000 37,719,700

PCT

109 44 -13 324 -50 -65 -34 329 328 -75 -8

Last Year

499,500 775,000 485,583 940,000 0 1,783,056 1,063,333 145,333 0 296,000 1,525,000 3,225,000 900,293

This Year

1,044,067 1,678,750 506,600 1,994,000 160,000 1,326,667 1,102,500 286,000 430,000 635,000 2,177,667 799,000 967,172

Median Sales Price PCT

109 116 4 112 + -25 3 96 + 114 42 -75 7

Last Year

307,500 650,000 392,500 940,000 0 1,525,000 975,000 115,000 0 296,000 1,525,000 3,225,000 612,500

This Year

433,000 1,678,750 480,000 1,994,000 160,000 + 1,050,000 1,102,500 286,000 430,000 + 635,000 2,383,000 799,000 750,000

Percent of List PCT Last Year This Year

40 158 22 112 -31 13 148 114 56 -75 22

99 98 97 99 0 93 94 93 0 99 92 98 96

PCT

97 -2 100 1 97 0 99 0 82 + 95 2 90 -5 95 2 98 + 99 0 100 8 100 2 96 0


CONDOS 2019 YTD YEAR OVER YEAR COMPARISION

CONDOS Total Active Last This Year Year

New Listings Last This Year Year

Area Elkhorn in Sun Valley 85 71 -16 61 54 Hailey 23 28 21 18 22 Ketchum 137 123 -10 89 81 South of Ketchum 2 02 0 North of Ketchum 1 01 0 Other 0 1+ 0 1 Sun Valley 52 52 0 37 34 Warm Springs 48 47 -2 24 27 Total 348 322 -7 232 219 PCT

Number Under Contract Number Sold Last This PCT Year Year

Last This PCT Year Year

-11 22 -8

55 49 -10 55 46 10 18 80 9 15 60 55 -8 49 43 2 02 0 1 01 0 + 0 0 0 0 0 -8 28 28 0 25 23 12 22 25 13 21 20 -5 178 175 -1 162 147

Sold Volume

Average Sale Price

PCT

Last Year

This Year

PCT

-16 66 -12

18,751,425 1,899,300 34,067,953 323,000 1,775,000 0 14,070,000 9,444,999 80,331,677

17,113,800 3,265,300 27,131,761 0 0 0 10,775,000 6,919,750 65,205,611

-8 71 -20

0 -8 -4 -9

0 -23 -26 -18

Last Year

Median Sales Price

This Year

340,935 211,033 695,264 161,500 1,775,000 0 562,800 449,762 495,875

372,039 217,687 630,971 0 0 0 468,478 345,988 443,576

PCT

9 3 -9 0 -16 -23 -10

Last Year

295,000 222,000 445,000 161,500 1,775,000 0 500,000 315,000 325,000

This Year

346,450 230,000 485,000 0 0 0 450,000 283,750 352,000

Percent of List PCT Last Year This Year

17 3 8 -100 -100 0 -10 -9 8

97 97 96 101 96 0 98 93 97

97 98 97 000 97 97 97

PCT

0 1 0

0 -1 3 0

MONTHLY STATISTIC AUGUST 2019 YEAR OVER YEAR COMPARISION

CONDOS Total Active Last This Year Year

Area Elkhorn in Sun Valley 32 22 Hailey 14 9 Ketchum 65 55 Sun Valley 23 19 Warm Springs 20 19 TOTAL 154 125

New Listings

PCT

-31 -35 -15 -17 -5 -18

Last This Year Year

11 2 7 6 4 30

8 2 11 2 2 26

Number U/C Last This PCT Year Year

-27 0 57 -66 -50 -13

5 3 13 6 1 28

10 1 13 4 4 32

Number Sold Last This PCT Year Year

100 -66 0 -33 300 14

13 5 11 7 1 37

6 0 8 3 3 20

Sold Volume

Average Sale Price

PCT

Last Year

This Year

PCT

-53

4,919,100 1,029,800 4,168,800 3,796,000 460,000 14,373,700

3,000,000 0 5,806,500 2,031,000 768,250 11,605,750

-39

-27 -57 200 -45

39 -46 67 -19

Last Year

378,392 205,960 378,982 542,286 460,000 388,478

Median Sales Price

This Year

PCT

500,000 32 0725,812 91 677,000 24 256,083 -44 580,288 49

Last Year

320,000 179,900 325,000 600,000 460,000 325,000

This Year

402,500 0 570,000 675,000 255,000 481,500

Percent of List PCT Last Year This Year

25 -100 75 12 -44 48

98 97 98 100 97 98

95 096 99 96 96

PCT

-3 -2 -1 0 -2


TOWNHOMES 2019 YTD YEAR OVER YEAR COMPARISION

TOWNHOMES Total Active Last Year Area Elkhorn in Sun Valley 17 Hailey 45 Ketchum 42 Sun Valley 10 Warm Springs27 TOTAL 143

New Listings

Pendings

Number Sold

Sold Volume

Average Sale Price

This Year

PCT

Last Year

This Year

PCT

Last Year

This Year

PCT

Last Year

This Year

PCT

Last Year

This Year

9 38 28 4 13 92

-47 -15 -33 -60 -51 -35

6 33 21 7 20 89

8 35 19 3 6 71

33 6 -9 -57 -70 -20

8 26 19 4 7 64

3 31 13 4 5 56

-62 19 -31 0 -28 -12

9 21 16 4 5 55

3 24 11 5 3 46

-66 14 -31 25 -40 -16

8,389,000 4,838,500 18,651,500 3,125,000 3,554,000 38,558,000

3,610,000 6,383,000 14,079,500 13,440,000 1,479,500 38,992,000

PCT

Last Year

-56 932,111 31 230,405 -24 1,165,719 330 781,250 -58 710,800 1 701,055

Median Sales Price

This Year

PCT

Last Year

1,203,333 29 1,010,000 265,958 15 227,000 1,279,955 9 737,500 2,688,000 244 472,500 493,167 -30 725,000 847,652 20 455,000

Percent of List

This Year

PCT

1,195,000 260,000 960,000 2,000,000 365,000 362,000

18 14 30 323 -49 -20

Last Year This Year

93 97 97 96 96 96

99 97 96 95 96 97

PCT

5 0 0 0 0 1

MONTHLY STATISTICS FOR AUGUST 2019 YEAR OVER YEAR COMPARISION

TOWNHOMES Total Active Last Year

This Year

Area Elkhorn in Sun 8Valley5 -37 Hailey 22 9 -59 Ketchum 18 15 -16 Sun Valley 5 1 -80 Warm Springs11 in Ketchum 5 -54 TOTAL 66 35 -46 PCT

New Listings

Number Under Contract Number Sold

Sold Volume

Last Year

Last Year

Last Year

1 4 2 1 2 12

This Year

PCT

3 200 6 50 3 50 0012 0

2 8 3 1 2 16

This Year

0 6 1 1 2 10

PCT

-25 -66 0 0 -37

Last Year

This Year

0 2 4 2 1 9

2 4 2 2 0 10

PCT

+ 100 -50 0 11

0 609,000 8,895,000 2,180,000 835,000 12,519,000

Average Sale Price This Year

2,170,000 1,104,000 1,340,000 4,000,000 0 8,614,000

PCT

+ 81 -84 83 -31

Last Year

0 304,500 2,223,750 1,090,000 835,000 1,391,000

This Year

1,085,000 276,000 670,000 2,000,000 0 861,400

Median Sales Price PCT

+ -9 -69 83 -38

Last Year

0 304,500 720,000 1,090,000 835,000 672,500

This Year

Percent of List PCT

1,085,000 + 267,000 -12 670,000 -6 2,000,000 83 0 -100 677,500 0

Last Year This Year PCT

0 99 100 96 93 97

99 + 95 -4 98 -1 93 -3 096 -1


RESIDENTIAL LAND 2019 YTD YEAR OVER YEAR COMPARISION

VACANT LAND Total Active Last This Year Year

Area Bellevue 58 67 Elkhorn in Sun Valley 30 34 Hailey 193 193 Ketchum 25 32 Mackay 11 25 South of Ketchum 120 129 North of Ketchum 27 12 Other 140 116 South Blaine Co 58 75 Stanley Basin 9 10 Sun Valley 29 45 Warm Springs 43 36 TOTAL 743 774

New Listings

Number U/C

Last This Year Year

Last This PCT Year Year

15 21 34 13 13 14 0 90 62 28 18 20 127 11 15 7 44 63 -55 7 5 -17 61 82 29 20 45 11 7 5 55 7 32 -16 23 12 4 322 389

61 7 17 7 1 0 -31 23 34 11 3 4 36 1 6 43 12 18 -28 4 2 34 35 11 125 12 14 -28 2 3 357 3 4 -47 4 7 20 107 120

PCT

Number Sold

Last This PCT Year Year

142 47 33 500 50 -50 -68 16 50 33 75 12

PCT

7 14 1 1 22 28 4 2 1 6 9 14 2 2 31 13 12 14 1 2 4 2 3 5 97 103

100 0 27 -50 500 55 0 -58 16 100 -50 66 6

Sold Volume Last Year

831,500 315,000 3,662,700 12,175,000 38,380 2,461,500 2,925,000 2,062,230 1,227,900 145,000 4,165,000 1,369,000 31,378,210

Average Sale Price This Year

PCT

3,303,000 475,000 4,880,020 4,400,000 401,000 5,741,500 1,160,000 2,814,000 1,141,000 275,000 2,012,000 2,466,823 29,069,343

Last Year

This Year

Median Sales Price PCT

Last Year

This Year

297 118,786 235,929 98 125,000 102,250 50 315,000 475,000 50 315,000 475,000 33 166,486 174,286 4 123,250 149,450 -63 3,043,750 2,200,000 -27 2,600,000 2,200,000 944 38,380 66,833 74 38,380 61,500 133 273,500 410,107 49 199,000 307,500 -60 1,462,500 580,000 -60 1,462,500 580,000 36 66,524 216,462 225 34,000 55,000 -7 102,325 81,500 -20 111,000 87,500 89 145,000 137,500 -5 145,000 137,500 -51 1,041,250 1,006,000 -3 1,075,000 1,006,000 80 456,333 493,365 8 481,000 400,000 -7 323,487 282,227 -12 122,250 149,000

Percent of List PCT Last Year This Year

PCT

-18 50 21 -15 60 54 -60 61 -21 -5 -6 -16 21

-3 8 0 2 6 0 15 84 2 8 3 3 10

95 80 96 92 82 92 81 87 90 91 94 88 89

92 86 97 94 87 92 94 162 92 99 96 91 98

MONTHLY STATS AUGUST 2019 YEAR OVER YEAR COMPARISION

VACANT LAND Total Active Last This Year Year

PCT Area Bellevue 42 34 -19 Elkhorn in Sun Valley 26 25 -3 Hailey 155 145 -6 Ketchum 16 19 18 Mackay 10 13 30 South of Ketchum 89 92 3 North of Ketchum 17 7 -58 Other 80 89 11 South Blaine Co 29 50 72 Stanley Basin 6 7 16 Sun Valley 21 32 52 Warm Springs 29 18 -37 TOTAL 520 531 2

New Listings Last This Year Year

4 5 7 2 2 5 0 1 0 2 0 2 30

1 1 6 2 02 0 7 16 + 1 0 1 37

Number U/C Last This PCT Year Year

-75 -80 -14 0 -60 0 600 -50 0 -50 23

0 0 5 1 0 3 1 3 0 1 1 0 15

4 0 6 2 0 6 0 1 1 1 0 1 22

Number Sold

Last This PCT Year Year

+ 0 20 100 0 100 -66 + 0 + 46

1 1 6 0 0 1 0 9 0 0 1 1 20

2 0 3 1 3 2 1 2 4 0 1 2 21

PCT

100 -50 + + 100 + -77 + 0 0 100 5

Sold Volume Last Year

125,000 315,000 914,900 0 0 230,000 0 766,000 0 0 1,150,000 481,000 3,981,900

Average Sale Price This Year

314,000 0 675,620 1,900,000 228,000 442,500 500,000 276,000 430,000 0 1,525,000 665,823 6,956,943

PCT

151 -26 + + 92 + -63 + 0 32 38 74

Last Year

This Year

Median Sales Price PCT

Last Year

This Year

125,000 157,000 25 125,000 157,000 315,000 0315,000 0 152,483 225,207 47 124,950 175,000 0 1,900,000 + 0 1,900,000 + 0 76,000 + 0 100,000 + 230,000 221,250 -3 230,000 221,250 0 500,000 + 0 500,000 + 85,111 138,000 62 33,000 138,000 0 107,500 + 0 92,500 + 0 0 0 0 0 1,150,000 1,525,000 32 1,150,000 1,525,000 481,000 332,912 -30 481,000 332,912 199,095 331,283 66 122,450 162,500

Percent of List PCT Last Year This Year

25 -100 40

-3 318 0 32 -30 32

83 80 98 0 0 84 0 92 0 0 98 87 89

89 0 101 95 83 98 95 93 90 0 95 88 93

PCT

6 3 + + 17 + 1 + 0 -2 0 4


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