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-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate7.128.83-19.376.338.37-24.37
Average List Price$2,015,758$1,709,86617.89$1,541,946$1,416,0738.89
Median List Price$998,250$849,00017.58$795,000$675,00017.78
Average Sale Price$756,194$718,3505.27$725,800$697,7804.02
Median Sale Price$492,000$417,00017.99$425,000$425,0000.00
Average DOM107186-42.47162189-14.29
Median DOM59106-44.34102128

-20.31

Sun Valley (excluding Elkhorn)

Summary Statistics for Sun Valley (excluding Elkhorn) 
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate6.538.83-26.055.768.51-32.31
Average List Price$2,058,484$1,927,5266.79$1,712,420$1,757,012-2.54
Median List Price$1,695,000$1,575,0007.62$695,000$750,000-7.33
Average Sale Price$1,062,500$1,133,900-6.30$1,130,519$1,064,8336.17
Median Sale Price$636,000$930,000-31.61$500,000$542,500-7.83
Average DOM57269-78.81140201-30.35
Median DOM42230-81.7496147-34.69

Elkhorn in Sun Valley

Summary Statistics for Elkhorn in Sun Valley 
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate4.166.84-39.184.47.07-37.77
Average List Price$1,317,615$1,284,6742.56$1,116,237$1,053,3785.97
Median List Price$937,500$969,000-3.25$785,000$729,5007.61
Average Sale Price$884,591$556,95058.83$686,869$621,52410.51
Median Sale Price$352,000$316,25011.30$389,500$390,000-0.13
Average DOM116158-26.58141232-39.22
Median DOM4649-6.1291184-50.54

Ketchum (excluding Warm Springs)

Summary Statistics for Ketchum (excluding Warm Springs) 
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate9.5811.49-16.628.599.51-9.67
Average List Price$2,954,154$2,566,31515.11$2,253,929$2,292,900-1.70
Median List Price$1,795,000$1,475,00021.69$1,462,500$1,125,00030.00
Average Sale Price$821,850$1,141,579-28.01$950,358$937,1781.41
Median Sale Price$850,000$795,0006.92$777,500$740,0005.07
Average DOM113298-62.08176206-14.56
Median DOM47141-66.6714310733.64

Warm Springs

Summary Statistics in Warm Springs
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate8.148.91-8.648.219.96-17.57
Average List Price$1,144,650$1,249,106-8.36$1,079,702$1,116,177-3.27
Median List Price$947,000$895,0005.81$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$475,00010.53
Average DOM186261-28.742252173.69
Median DOM105179-41.34113148-23.65

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-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate14.0819.73-28.6413.4918.12-25.55
Average List Price$4,038,131$3,280,27023.10$3,122,098$2,796,72211.63
Median List Price$2,795,000$2,395,00016.70$2,200,000$1,845,00019.24
Average Sale Price$1,158,000$814,50042.17$1,258,338$940,50033.79
Median Sale Price$837,500$852,500-1.76$847,500$849,000-0.18
Average DOM125161-22.36179242-26.03
Median DOM7988-10.23129221-41.63

City of Hailey

Summary Statistics for the City of Hailey, Idaho 
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate4.586.44-28.883.955.82-32.13
Average List Price$1,333,396$1,212,4109.98$1,015,724$840,69620.82
Median List Price$638,000$486,00031.28$525,000$425,00023.53
Average Sale Price$592,362$460,67028.59$474,846$467,6211.55
Median Sale Price$492,000$365,00034.79$370,000$365,0001.37
Average DOM78143-45.45120143-16.08
Median DOM5882-29.2784110-23.64

City of Bellevue

Summary Statistics for the City of Bellevue, Idaho
 Jun-19Jun-18% Chg2019 YTD2018 YTD% Chg
Absorption Rate77.62-8.145.867.04-16.76
Average List Price$924,707$824,26712.19$735,436$639,15715.06
Median List Price$508,000$449,00013.14$432,500$399,4508.27
Average Sale Price$411,950$365,07712.84$445,564$352,06526.56
Median Sale Price$411,950$295,00039.64$407,500$300,00035.83
Average DOM69126-45.241651584.43
Median DOM6977-10.3986125-31.20

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