2014 MARKET REPORT: Q1 Sun Valley, Idaho and the Surrounding Areas
© 2014 Sun Valley Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Each Office is Independently Owned and Operated. Disclaimer: Information contained herein has been obtained from sources deemed reliable but cannot be guaranteed. Viewers are encouraged to perform independent due diligence before relying on any content. Opinions expressed are not necessarily that of the franchisee or franchisor. Sellers reserve the right to change their product offering without notice. All statistics provided by the Sun Valley Board of Realtors and include only Residential, Condo/Townhouse, Fractional, Vacant Land, Commercial for Sale and Farm/Ranch. Cover photo by James Bourret Featured on this page: Pioneer Moon Ranch, Listed and Sold by Sun Valley Sotheby’s International Realty and Hall and Hall Brokers
market analysis
LOCAL MARKET ACTIVITY Properties for Sale: 2009 - 2014
Closed Sales: 2009 - 2014
market analysis
LOCAL MARKET ACTIVITY Median Price Per Square Foot Livable: 2013 - 2014
market analysis
COMMUNITY PROFILES Market Trends, Pricing and Sales in the Wood River Valley
North of Ketchum
Sun Valley/Elkhorn
Ketchum/Warm Springs
Average Prices
Average Prices
Average Prices
Q1 2013
Q1 2014
Q1 2013
Q1 2014
Q1 2013
Q1 2014
List $661,633
List
$1,357,178
List $567,250
List
$1,279,500
List $777,818
List
Sold $605,300
Sold $1,214,607
Sold $507,500
Sold $1,210,000
Sold $686,916
Sold $635,166
-9 % variance
-11 % variance
-11 % variance
-5 % variance
-12 % variance
-7 % variance
Sold Listings
Sold Listings
Sold Listings
15
4
37
14
2
39
-7 % change
5 % change
-50 % change
Average DOM
Average DOM
Average DOM
336
839
312
183
238
Quarter 1 2013
-46 % change
2014
Mid-Valley
290
Quarter 1 2013
-72 % change
2014
Hailey
Average Prices
$679,793
Quarter 1 2013
-7 % change
Bellevue/South Blaine
Average Prices
Average Prices
Q1 2013
Q1 2014
Q1 2013
Q1 2014
Q1 2013
Q1 2014
List $802,988
List
List $190,767
List
$274,852
List $388,800
List
Sold $695,911
Sold $1,562,274
Sold $184,256
Sold $258,825
Sold $354,645
Sold $219,454
-13 % variance
-10 % variance
-3 % variance
$1,728,684
-6 % variance
-9 % variance
Sold Listings
Sold Listings
Sold Listings
17
49
23
13
36 -24 % change
Average DOM
331
191
219
-35 % change
2013
138 2014
-8 % variance
-52 % change
Average DOM
Quarter 1
$237,426
11 -27 % change
Average DOM 216
2014
161
Quarter 1
-28 % change
2013
2014
Quarter 1
-26 % change
2013
2014
OUR MARKET SHARE As the top selling brokerage in Sun Valley we are granted SINGULAR INSIGHT into today’s local real estate happenings, helping you make the right decisions, at the right time.
21.94
11.16
11.07 8.17
SVSIR
Competitor 1
Competitor 2
Competitor 3
Percent of volume sold. *Information is deemed to be reliable, but is not guaranteed. Provided by Sun Valley Board of Realtors. 3/31/2013 - 3/31/2014
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