Market Update March 2020

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SUN VALLEY REAL ESTATE MARKET REPORT MARCH 2020


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

Sold Volume

New Listings

Inventory

March

64

$53.7M

110

836

2020 YTD

157 (-8.7%)*

$135.6M (+3.5%)

322 (+.9%)

1176

Residential Home Sales

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

Sales

Sold Volume

New Listings

Inventory

March

22

$26.5M

38

184

2020 YTD

47 (-31.9%)

$55.3M (-21.1%)

95 (-12.8%)

304

Condo/Townhome Sales Sales

Sold Volume

New Listings

Inventory

March

25

$17.9M

40

104

2020 YTD

62 (0%)

$46.8M (+24.9%)

111 (+23.3%)

201

Sales

Sold Volume

New Listings

Inventory

March

11

$2.9M

14

431

2020 YTD

29 (+31.8%)

$13.9M (+81.0%)

84 (-7.7%)

517

Sales

Sold Volume

New Listings

Inventory

March

2

$5.4M

6

71

2020 YTD

9 (-30.8%)

$7.2M (-36.3%)

14 (-6.7%)

91

Vacant Land Sales

Commercial Sales

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

Sold Volume

New Listings

Inventory

March

5

$15.1M

0

85

2020 YTD

9 (+28.6%)

$30.5M (+10.5%)

4 (0%)

115


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

Sold Volume

New Listings

Inventory

March

0

$0

0

14

2020 YTD

2 (0%)

$2.9M (0%)

3 (-57.1%)

19

Sales

Sold Volume

New Listings

Inventory

March

13

$16.9M

18

114

2020 YTD

39 (-4.9%)

$49.9M (+6.2%)

57 (+11.8%)

176

Sales

Sold Volume

New Listings

Inventory

March

4

$1.5M

9

56

2020 YTD

9 (-18.2%)

$6.9M (-24.0%)

20 (+17.6%)

72

Ketchum Market

Warm Springs Market

Sun Valley Village Market Sales

Sold Volume

New Listings

Inventory

March

8

$11.3M

6

44

2020 YTD

19 (+35.7%)

$24.8M (+44.1%)

21 (+61.5%)

69

Sales

Sold Volume

New Listings

Inventory

March

8

$7.9M

8

38

2020 YTD

16 (-40.7%)

$13.0M (-20.9%)

19 (-44.1%)

66

Elkhorn Market

South of Ketchum Market Sales

Sold Volume

New Listings

Inventory

March

4

$2.3M

12

108

2020 YTD

11 (-15.4%)

$13.8M (-6.5%)

38 (-25.5%)

151


Hailey Market Sales

Sold Volume

New Listings

Inventory

March

15

$8.9M

29

201

2020 YTD

36 (-5.3%)

$16.1M (+40.9%)

117 (+58.1%)

311

Bellevue & Beyond Market Sales

Sold Volume

New Listings

Inventory

March

8

$2.7M

17

138

2020 YTD

11 (+10.0%)

$3.8M (+18.9%)

35 (-2.8%)

167

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

Sold Volume

New Listings

Inventory

March

1

$250K

1

35

2020 YTD

2 (-75.0%)

$455K (-91.5%)

2 (-80.0%)

39

New Listings in March Number

New List Volume

Avg List Price

Residential Homes

38

$27.4M

$1.2M

Condos/Townhomes

40

$33.7M

$841K

Vacant Land

16

$2.8M

$175K

Listings Under Contract as of March 31 Number

Pending Volume

Avg List Price

Residential Homes

22

$15.2M

$693K

Condos/Townhomes

16

$14.0M

$876K

Vacant Land

12

$1.9M

$162K


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, fractionals and the like. .


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