Sun Valley Real Estate TRIVIAL PURSUIT - June 30, 2017

So you think you know the Sun Valley Real Estate Market?

LET'S PLAY A LITTLE TRIVIAL PURSUIT -

SUN VALLEY REAL ESTATE STYLE!

Without peeking at the chart below, guess the answers to these questions about the residential markets in Sun Valley (includes Elkhorn), Ketchum, Hailey and Bellevue, Idaho. Answers are below the chart. No cheating. SOME QUESTIONS COMPARE YTD 2017 OVER YTD 2016 UNLESS INDICATED OTHERWISE.

1. Which market had the greatest year-over-year appreciation for median sale prices - Ketchum or Bellevue?
2. What was the average price of a home in Sun Valley/Elkhorn as of June 30, 2017?
3. Which city has the longest YTD average Days on Market so far in 2017 - Sun Valley, Ketchum, Hailey or Bellevue?
4. Which community had the greatest positive change in absorption rate - Hailey or Bellevue?
5. What is the most expensive listing in the Sun Valley MLS as of June 7, 2017? (Sorry, the chart below is worthless for this question if you're thinking of cheating!)

1. Which market had the greatest year-over-year appreciation for median sale prices? Bellevue median prices rose 7.08% from $296,500 in 2016 to $317,500 in 2017 YTD. Ketchum rose 4.76% from $1,050,000 to $1,100,000.
2. What was the average price of a home in Sun Valley/Elkhorn as of June 30, 2017? $1,750,000.
3. Which city in the MLS has the longest average Days on Market so far in 2017? Sun Valley/Elkhorn at 274 Days.
4. Which community had the greatest positive change in absorption rate? Bellevue absorption rate changed by minus 24.33%, from 11.59 months of inventory in 2016 to 8.77 months in 2017.
5. What is the most expensive listing in the Sun Valley MLS as of June 7, 2017? $25,000,000 at 126 Old Mill Road. Click for more details, and call me, Sheila Liermann, for a private showing. 208.481.0450.