SUN VALLEY REAL ESTATE MARKET REPORT FEBRUARY 2020
SUN VALLEY MLS THROUGH FEBRUARY 2020 Entire Market—All Sales & All Property Types Sales
Sold Volume
New Listings
Inventory
February
46
$51.3M
135
820
2020 YTD
91 (-11.7%)*
$81.3M (3.5%)
222 (4.2%)
1074
Residential Home Sales
* % Change figures are compared to the same point in 2019.
Sales
Sold Volume
New Listings
Inventory
February
14
$19.4M
30
195
2020 YTD
24 (-41.5%)
$28.5M (-35.0%)
59 (-20.3%)
271
Condo/Townhome Sales Sales
Sold Volume
New Listings
Inventory
February
16
$11.7M
47
102
2020 YTD
37 (2.8%)
$28.9M (33.2%)
72 (22.0%)
163
Sales
Sold Volume
New Listings
Inventory
February
10
$9.4M
46
419
2020 YTD
17 (-5.6%)
$10.6M (47.3%)
69 (6.2%)
497
Sales
Sold Volume
New Listings
Inventory
February
2
$387K
6
68
2020 YTD
7 (75.0%)
$1.8M (-40.7%)
8 (-20.0%)
85
Vacant Land Sales
Commercial Sales
Luxury Residential Sales ($2.5M+ Sale Price) Sales
Sold Volume
New Listings
Inventory
February
3
$11.2M
3
86
2020 YTD
4 (-20.0%)
$15.4M (-17.8%)
5 (-16.7%)
112
AREA MICRO-MARKETS THROUGH FEBRUARY 2020 North of Ketchum Market Sales
Sold Volume
New Listings
Inventory
February
1
$490K
1
14
2020 YTD
2 (0%)
$2.9M (0%)
3 (-50.0%)
19
Sales
Sold Volume
New Listings
Inventory
February
12
$18.9M
18
101
2020 YTD
27 (12.5%)
$33.0M (59.5%)
41 (-12.8%)
148
Sales
Sold Volume
New Listings
Inventory
February
4
$5.2M
6
51
2020 YTD
5 (0%)
$5.5M (38.0%)
11 (22.2%)
60
Ketchum Market
Warm Springs Market
Sun Valley Village Market Sales
Sold Volume
New Listings
Inventory
February
6
$11.3M
8
42
2020 YTD
11(0%)
$13.6M (-16.3%)
15 (87.5%)
63
Sales
Sold Volume
New Listings
Inventory
February
4
$2.0M
9
37
2020 YTD
7 (-63.2%)
$4.7M (-60.7%)
12 (-52.0%)
59
Elkhorn Market
South of Ketchum Market Sales
Sold Volume
New Listings
Inventory
February
3
$8.4M
18
106
2020 YTD
7 (-30.0%)
$11.5M (0.2%)
26 (0%)
139
Hailey Market Sales
Sold Volume
New Listings
Inventory
February
13
$4.1M
68
205
2020 YTD
23 (4.5%)
$7.1M (15.5%)
94 (80.8%)
283
Bellevue & Beyond Market Sales
Sold Volume
New Listings
Inventory
February
0
$0
6
128
2020 YTD
2 (-66.7%)
$770K (-64.1%)
18 (-41.3%)
148
Stanley & Beyond Market (Challis, Mackay, Sawtooth City) Sales
Sold Volume
New Listings
Inventory
February
0
$0
0
35
2020 YTD
1 (-66.7%)
$205K (24.2%)
1 (-90.0%)
39
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 February Number
New List Volume
Avg List Price
Residential Homes
30
$42.0M
$1.4M
Condos/Townhomes
47
$26.5M
$563K
Vacant Land
46
$18.8M
$409K
Listings Under Contract as of February 29 Number
Pending Volume
Avg List Price
Residential Homes
24
$29.1M
$1.2M
Condos/Townhomes
21
$12.2M
$580K
Vacant Land
35
$27.2M
$778K
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.
411 Fifth St E, Ketchum, ID | 208.726.3411 www.bhhssunvalley.com | info@bhhssunvalley.com
© 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.