Sun Valley Real Estate Market Update | June 2019 

Here are the statistics you need to know to buy, sell, or invest in the Sun Valley real estate market. These figures are for the residential market – single-family homes, condos and townhouses. Check back as I provide a market update every month. Now, let’s see how 2019 compares to 2018. 

scroll down for the numbers by area or neighborhood 

ENTIRE SUN VALLEY MLS

Summary Statistics for the Entire Sun Valley MLS 
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 7.12 8.83 -19.37 6.33 8.37 -24.37
Average List Price $2,015,758 $1,709,866 17.89 $1,541,946 $1,416,073 8.89
Median List Price $998,250 $849,000 17.58 $795,000 $675,000 17.78
Average Sale Price $756,194 $718,350 5.27 $725,800 $697,780 4.02
Median Sale Price $492,000 $417,000 17.99 $425,000 $425,000 0.00
Average DOM 107 186 -42.47 162 189 -14.29
Median DOM 59 106 -44.34 102 128

-20.31

Sun Valley (excluding Elkhorn)

Summary Statistics for Sun Valley (excluding Elkhorn) 
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 6.53 8.83 -26.05 5.76 8.51 -32.31
Average List Price $2,058,484 $1,927,526 6.79 $1,712,420 $1,757,012 -2.54
Median List Price $1,695,000 $1,575,000 7.62 $695,000 $750,000 -7.33
Average Sale Price $1,062,500 $1,133,900 -6.30 $1,130,519 $1,064,833 6.17
Median Sale Price $636,000 $930,000 -31.61 $500,000 $542,500 -7.83
Average DOM 57 269 -78.81 140 201 -30.35
Median DOM 42 230 -81.74 96 147 -34.69

Elkhorn in Sun Valley

Summary Statistics for Elkhorn in Sun Valley 
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 4.16 6.84 -39.18 4.4 7.07 -37.77
Average List Price $1,317,615 $1,284,674 2.56 $1,116,237 $1,053,378 5.97
Median List Price $937,500 $969,000 -3.25 $785,000 $729,500 7.61
Average Sale Price $884,591 $556,950 58.83 $686,869 $621,524 10.51
Median Sale Price $352,000 $316,250 11.30 $389,500 $390,000 -0.13
Average DOM 116 158 -26.58 141 232 -39.22
Median DOM 46 49 -6.12 91 184 -50.54

Ketchum (excluding Warm Springs)

Summary Statistics for Ketchum (excluding Warm Springs) 
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 9.58 11.49 -16.62 8.59 9.51 -9.67
Average List Price $2,954,154 $2,566,315 15.11 $2,253,929 $2,292,900 -1.70
Median List Price $1,795,000 $1,475,000 21.69 $1,462,500 $1,125,000 30.00
Average Sale Price $821,850 $1,141,579 -28.01 $950,358 $937,178 1.41
Median Sale Price $850,000 $795,000 6.92 $777,500 $740,000 5.07
Average DOM 113 298 -62.08 176 206 -14.56
Median DOM 47 141 -66.67 143 107 33.64

Warm Springs

Summary Statistics in Warm Springs
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 8.14 8.91 -8.64 8.21 9.96 -17.57
Average List Price $1,144,650 $1,249,106 -8.36 $1,079,702 $1,116,177 -3.27
Median List Price $947,000 $895,000 5.81 $849,000 $895,000 -5.14
Average Sale Price $721,250 $1,265,714 -43.02 $749,968 $954,571 -21.43
Median Sale Price $600,000 $910,000 -34.07 $525,000 $475,000 10.53
Average DOM 186 261 -28.74 225 217 3.69
Median DOM 105 179 -41.34 113 148 -23.65

South of Ketchum

“South of Ketchum” is the mid-valley, or that area south of Ketchum and North of Hailey.

Summary Statistics for South of Ketchum
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 14.08 19.73 -28.64 13.49 18.12 -25.55
Average List Price $4,038,131 $3,280,270 23.10 $3,122,098 $2,796,722 11.63
Median List Price $2,795,000 $2,395,000 16.70 $2,200,000 $1,845,000 19.24
Average Sale Price $1,158,000 $814,500 42.17 $1,258,338 $940,500 33.79
Median Sale Price $837,500 $852,500 -1.76 $847,500 $849,000 -0.18
Average DOM 125 161 -22.36 179 242 -26.03
Median DOM 79 88 -10.23 129 221 -41.63

City of Hailey

Summary Statistics for the City of Hailey, Idaho 
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 4.58 6.44 -28.88 3.95 5.82 -32.13
Average List Price $1,333,396 $1,212,410 9.98 $1,015,724 $840,696 20.82
Median List Price $638,000 $486,000 31.28 $525,000 $425,000 23.53
Average Sale Price $592,362 $460,670 28.59 $474,846 $467,621 1.55
Median Sale Price $492,000 $365,000 34.79 $370,000 $365,000 1.37
Average DOM 78 143 -45.45 120 143 -16.08
Median DOM 58 82 -29.27 84 110 -23.64

City of Bellevue

Summary Statistics for the City of Bellevue, Idaho
  Jun-19 Jun-18 % Chg 2019 YTD 2018 YTD % Chg
Absorption Rate 7 7.62 -8.14 5.86 7.04 -16.76
Average List Price $924,707 $824,267 12.19 $735,436 $639,157 15.06
Median List Price $508,000 $449,000 13.14 $432,500 $399,450 8.27
Average Sale Price $411,950 $365,077 12.84 $445,564 $352,065 26.56
Median Sale Price $411,950 $295,000 39.64 $407,500 $300,000 35.83
Average DOM 69 126 -45.24 165 158 4.43
Median DOM 69 77 -10.39 86 125 -31.20

If you need more detailed information, please contact me. For instance, we can dig deeper by neighborhood… i.e. East Fork, Northridge, Golden Eagle, Sagehill Condos, etc. My contact information is below.

Respectfully submitted, 

Sheila Liermann | Sun Valley Real Estate Broker 

If you need more information or if you are ready to buy, sell, or invest in the SUN VALLEY REAL ESTATE MARKET, please call: Sheila Liermann

Keller Williams Sun Valley Southern Idaho

(208) 481-0450

SunValleySheila@gmail.com

SunValleySheila.com

Or stop by my private office for a visit: 

208 Spruce Street, Suite 5-B, Ketchum, Idaho 83340