SUN VALLEY SOTHEBY’S INTERNATIONAL REALTY
QUARTER REPORT Second Quarter - 2018
Quick Hits $187,058,838
Total Sales Volume in Second Quarter 2018 Wood River Valley
285
Total Properties Sold in Second Quarter 2018 in Wood River Valley
+ 20%
+ or - in Second Quarter 2018 Sales Volume compared to 2017 in Wood River Valley
Overall Market Update April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
254
285
+ 12%
Total Sold Volume
$155,466,683
$187,058,838
+ 20%
Average Sold Price
$612,073
$656,346
+ 7%
Median Sold Price
$308,562
$365,000
+ 18%
Median List Price
$324,500
$375,000
+ 15%
Average Days on Market
265
221
- 16%
Sun Valley
7 Old Dollar Rd, Sun Valley 4 BD, 4.5 BA | 4,000 SqFt Offered at $4,795,000 | MLS# 18-323285 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
13
15
+ 14%
Total Sold Volume
$16,911,000
$19,186,000
+ 13%
Average Sold Price
$1,300,846
$1,279,066
- 1%
Median Sold Price
$1,050,000
$585,000
- 44%
Median List Price
$1,125,500
$585,500
- 47%
Average Days on Market
292
188
- 35%
Elkhorn
115 Highlands Dr, Elkhorn 3 BD, 3.5 BA | 3,497 SqFt Offered at $1,650,000 | MLS# 18-323239 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
12
29
+ 141%
Total Sold Volume
$7,220,500
$19,137,325
+ 165%
Average Sold Price
$601,708
$659,907
+ 9%
Median Sold Price
$341,000
$445,000
+ 30%
Median List Price
$364,500
$465,000
+27 %
Average Days on Market
301
226
- 24%
Ketchum
195 S Bigwood Dr, Ketchum 4 BD, 4.5 BA | 5,842 SqFt Offered at $4,550,000 | MLS# 17-322248 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
59
37
- 37%
Total Sold Volume
$63,666,244
$31,042,166
- 51%
Average Sold Price
$1,079,088
$838,977
-22%
Median Sold Price
$679,000
$520,000
-23%
Median List Price
$679,000
$555,000
-18%
Average Days on Market
281
264
-6%
Warm Springs
106 Whipsaw Ln, Warm Springs 1 BD, 1 BA | 1,240 SqFt Offered at $895,000 | MLS# 18-323054 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
17
24
+ 41%
Total Sold Volume
$12,913,500
$24,923,00
+ 92%
Average Sold Price
$759,617
$1,038,458
+ 36%
Median Sold Price
$650,000
$631,500
- 2%
Median List Price
$675,000
$672,000
-0.4%
Average Days on Market
235
304
+ 29%
North of Ketchum
13576 ST HWY 75, North of Ketchum 4 BD, 2.5 BA | 3,200 SqFt Offered at $1,339,000 | MLS# 17-321522 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
5
10
+ 100%
Total Sold Volume
$10,900,000
$15,308,817
+ 40%
Average Sold Price
$2,180,000
$1,530,881
- 29%
Median Sold Price
$1,300,000
$1,040,000
- 20%
Median List Price
$1,395,000
$1,147,500
- 17%
Average Days on Market
353
307
-13%
South of Ketchum
40 Desperado Dr, South of Ketchum 5 BD, 4 BA | 4,276 SqFt Offered at $1,275,000 | MLS# 18-322931 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
12
22
+ 83%
Total Sold Volume
$7,124,000
$20,276,900
+ 184%
Average Sold Price
$570,596
$865,522
+ 51%
Median Sold Price
$325,000
$799,500
+146%
Median List Price
$334,000
$819,500
+ 145%
Average Days on Market
275
259
- 5%
Hailey
207 N Hiawatha Dr, Hailey 4 BD, 4.5 BA | 5,235 SqFt Offered at $2,195,000 | MLS# 18-322903 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
92
80
- 13%
Total Sold Volume
$26,360,628
$31,647,920
+ 20%
Average Sold Price
$286,528
$395,599
+ 38%
Median Sold Price
$246,000
$339,250
+ 37%
Median List Price
$249,500
$349,000
+ 39%
Average Days on Market
155
152
- 1%
Bellevue
155 Townsend Gulch Rd, Bellevue 2 BD, 2.5 BA | 2,378 SqFt Offered at $1,499,000 | MLS# 18-323234 April 1st - June 30th
2017
2018
Percent + or -
Number of Sales
13
22
+ 69%
Total Sold Volume
$3,780,500
$6,913,000
+ 82%
Average Sold Price
$290,807
$314,227
+ 8%
Median Sold Price
$280,000
$292,000
+ 4%
Median List Price
$290,000
$296,500
+ 2%
Average Days on Market
166
215
+ 29%
Significant Sales in 2018
101 Cottonwood Dr, South of Ketchum
208 Broadway, Ketchum
113 Sagewillow Rd, Sun Valley
119 Ritchie Dr, Ketchum
6 Chateau Circle, Sun Valley
205 Canyon Rd, South of Ketchum
Brokerage Stats 2018 Brokerage Rank April 1st - June 30th
Volume
1) Sun Valley Sothebys
$64,899,000
2) Sun Valley Real Estate
$58,441,150
3) Keller Williams Sun Valley
$46,783,317
4) Coldwell Banker
$30,911,069
5) McCann Daech Fenton
$22,201,500
6) Windermere Real Estate SV
$19,335,650
7) Sun Valley Associates
$15,725,000
8) Windermere Real Estate Hailey
$14,915,000
9) Paul Kenny & Matt Bogue
$14,157,600
10) Engel & Volkers Sun Valley
$12,089,367
Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office IsIndependently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers.We are happy to work with them and cooperate fully Disclaimer Information contained herein has been obtained from sources deemed reliable but cannot be guaranteed. Viewers are encouraged to perfrom independent due diligence before relying on any content. Opinions expressed are not necessarily that of the franchise or franchisor. Sellers reserve the right to change their product offering without notice. All statistics provided by the Sun Valley Board of Realtors. All statistics provided by the Sun Valley Board of Realtors 4/1/2018 - 6/30/2018
291 N Main Street | Ketchum, ID 83340 | p 208.726.5300 f 208.726.4311 | sunvalleysir.com Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Office Is Independently Owned And Operated. An Equal Opportunity Company. Equal Housing Opportunity.