Sun Valley Real Estate Market

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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