Real Estate Market Report for Sun Valley, Idaho | February 2021

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SUN VALLEY


SUN VALLEY MLS THROUGH FEBRUARY 2021 Entire Market—All Properties in Blaine & Custer Counties Sales

Sold $ Volume

New Listings

February

85 (+77)*

$75M (+44%)

89 (-33%)

2021 YTD

166 (+79%)**

$166M (+103%)

180 (-22%)

* % Change figures are compared to February 2020 ** % Change figures are compared to the same point in 2020.

Residential Homes Sales

Sold $ Volume

New Listings

February

17 (+21%)

$23.3M (+29%)

28 (+4%)

2021 YTD

47 (+96%)

$84.2M (+210%)

57 (0%)

Condos/Townhomes Sales

Sold $ Volume

New Listings

February

23 (+35%)

$25.7M (+91%)

28 (-40%)

2021 YTD

41 (+8%)

$41.3M (+34%)

47 (-40%)

Vacant Land Sales

Sold $ Volume

New Listings

February

41 (+272%)

$15.4M (+60%)

24 (-50%)

2021 YTD

68 (+278%)

$27.6M (+152%)

60 (-17%)

Commercial (Does not include commercial leases) Sales

Sold $ Volume

New Listings

February

2 (0%)

$1M (+158%)

6 (0%)

2021 YTD

4 (-43%)

$2.2M (+21%)

11 (+22%)

Luxury Residential ($2.5M+ Sale/List Price Homes, Condos & TH) Sales

Sold $ Volume

New Listings

February

5 (+67%)

$17.1M (+52%)

13 (+63%)

2021 YTD

12 (+140%)

$61.8M (+247%)

23 (-18%)


AREA MICRO-MARKETS THROUGH FEBRUARY 2021 North of Ketchum Market Sales

Sold $ Volume

New Listings

February

0 (-100%)

$0 (-100%)

3 (+200%)

2021 YTD

3 (+50%)

$29.1M (+916%)

4 (0%)

Sales

Sold $ Volume

New Listings

February

12 (+20%)

$13.4M (-21%)

10 (-17%)

2021 YTD

25 (0%)

$33.2M (+7%)

21 (-48%)

Ketchum Market

Warm Springs Market Sales

Sold $ Volume

New Listings

February

5 (0%)

$4.0M (-45%)

6 (-14%)

2021 YTD

12 (+100%)

$13.8M (+85%)

8 (-33%)

Sun Valley Village Market Sales

Sold $ Volume

New Listings

February

9 (+125%)

$26.4M (+232%)

8 (0%)

2021 YTD

11 (+38%)

$28.3M (+190%)

12 (-8%)

Elkhorn Market Sales

Sold $ Volume

New Listings

February

7 (0%)

$8.3M (+48%)

12 (+50%)

2021 YTD

13 (+18%)

$12.4M (+41%)

7 (+31%)

South of Ketchum Market Sales

Sold $ Volume

New Listings

February

15 (+400%)

$10.4M (+23%)

10 (-58%)

2021 YTD

25 (+257%)

$20.9M (+81%)

21 (-46%)


Hailey Market Sales

Sold $ Volume

New Listings

February

24 (+100%)

$7.2M (+76%)

20 (-67%)

2021 YTD

49 (+133%)

$16.6M (+133%)

45 (-45%)

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

Sold $ Volume

New Listings

February

11 (+450%)

$4.2M (+486%)

15 (+200%)

2021 YTD

23 (+475%)

$10.0M (+572%)

34 (+113%)

Custer County (Stanley, Challis, Mackay, Sawtooth City) Sales

Sold $ Volume

New Listings

February

1 (+100%)

$910K (+100%)

0 (0%)

2021 YTD

2 (+100%)

$1.7M (+731%)

3 (+200%)

New Listings in February Number

New List $ Volume

Avg List Price

Residential Homes

28

$59.4M

$2.1M

Condos/Townhomes

28

$28.7M

$1. 0M

Vacant Land

24

$12.5M

$522K

Listings Going Under Contract in February Number

Pending $ Volume

Avg List Price

Residential Homes

24

$26.7M

$1.1M

Condos/Townhomes

31

$42.3M

$1.4M

Vacant Land

60

$22.2M

$369K

Highest Residential Sale in February (List Price).........$9,100,000 Highest Vacant Land Sale in February (List Price).....$1,895,000


Selected Listings from Our Brokerage’s Inventory

Busterback Ranch, Sawtooths

56 E Lane Ranch, Sun Valley

Limelight 409, Ketchum

TBD Purdy Way, Picabo

131 Topaz, Ketchum

235 Raven Rd E5, Ketchum

311 First Ave, Ketchum

301 Fairway, Sun Valley

221 & 225 Sutton, Gimlet

“Berkshire Hathaway is built to be forever, it’s true of all our businesses that we own. You want to be part of an organization that’s not looking to sell out next week or next month or next year or where the place will crumble when the founders leave. In terms of permanence, we can't be beat.”

-Warren Buffett, CEO of Berkshire Hathaway


The Berkshire Hathaway HomeServices Reach

A BETTER REAL ESTATE EXPERIENCE. 411 Fifth St E, Ketchum, ID | 208.726.3411 www.bhhssunvalley.com | info@bhhssunvalley.com © 2021 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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