Year Over Year Comparison
Sun Valley Real Estate Market
This Year: 2/28/2019 to 2/29/2020
Last Year: 2/28/2018 to 2/28/2019
For you real estate nerds, let’s get in the weeds of the Sun Valley real estate market and analyze what’s happening to various property types across all locations in the Sun Valley MLS.
SINGLE-FAMILY REAL ESTATE STATISTICS IN THE SUN VALLEY MLS
| | Total Active | New Listings | Number Under Contract |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 85 | 87 | 2 | 60 | 68 | 13 | 42 | 50 | 19 |
| Elkhorn in Sun Valley | 61 | 49 | -19 | 31 | 30 | -3 | 22 | 26 | 18 |
| Hailey | 254 | 217 | -14 | 201 | 182 | -9 | 156 | 126 | -19 |
| Ketchum | 114 | 92 | -19 | 78 | 56 | -28 | 29 | 32 | 10 |
| Mackay | 10 | 18 | 80 | 8 | 11 | 37 | 3 | 6 | 100 |
| South of Ketchum | 179 | 163 | -8 | 118 | 103 | -12 | 52 | 42 | -19 |
| North of Ketchum | 43 | 32 | -25 | 20 | 21 | 5 | 20 | 9 | -55 |
| Other | 79 | 49 | -37 | 39 | 34 | -12 | 41 | 25 | -39 |
| Stanley Basin | 11 | 9 | -18 | 8 | 6 | -25 | 3 | 6 | 100 |
| South Blaine Co | 35 | 43 | 22 | 29 | 27 | -6 | 14 | 18 | 28 |
| Sun Valley | 40 | 42 | 5 | 19 | 30 | 57 | 15 | 19 | 26 |
| Warm Springs in Ketchum | 65 | 48 | -26 | 39 | 30 | -23 | 28 | 26 | -7 |
| Sub Type Totals: Single Family Residence | 976 | 849 | -13 | 650 | 598 | -8 | 425 | 385 | -9 |
| | Number Sold | Sold Volume | Average Sale Price |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 42 | 43 | 2 | 16,204,170 | 20,443,600 | 26 | 385,814 | 475,433 | 23 |
| Elkhorn in Sun Valley | 22 | 25 | 13 | 29,313,500 | 39,275,750 | 33 | 1,332,432 | 1,571,030 | 17 |
| Hailey | 165 | 129 | -21 | 75,411,875 | 63,218,879 | -16 | 457,042 | 490,069 | 7 |
| Ketchum | 21 | 30 | 42 | 43,057,568 | 67,144,125 | 55 | 2,050,360 | 2,238,138 | 9 |
| Mackay | 4 | 5 | 25 | 790,000 | 1,123,000 | 42 | 197,500 | 224,600 | 13 |
| South of Ketchum | 52 | 39 | -25 | 70,315,000 | 55,507,250 | -21 | 1,352,212 | 1,423,263 | 5 |
| North of Ketchum | 24 | 8 | -66 | 35,859,467 | 10,769,000 | -69 | 1,494,144 | 1,346,125 | -9 |
| Other | 39 | 27 | -30 | 11,556,100 | 12,416,100 | 7 | 296,310 | 459,856 | 55 |
| Stanley Basin | 3 | 5 | 66 | 2,670,000 | 4,653,000 | 74 | 890,000 | 930,600 | 4 |
| South Blaine Co | 17 | 16 | -5 | 6,965,470 | 5,430,900 | -22 | 409,734 | 339,431 | -17 |
| Sun Valley | 17 | 13 | -23 | 43,791,500 | 32,072,500 | -26 | 2,575,971 | 2,467,115 | -4 |
| Warm Springs in Ketchum | 23 | 28 | 21 | 40,958,000 | 33,660,000 | -17 | 1,780,783 | 1,202,143 | -32 |
| Sub Type Totals: Single Family Residence | 429 | 368 | -14 | 376,892,650 | 345,714,104 | -8 | 878,538 | 939,440 | 6 |
| | Median Sale Price | Percent of List | Days on Market |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 315,500 | 378,000 | 19 | 96 | 97 | 0 | 258 | 166 | -35 |
| Elkhorn in Sun Valley | 1,242,500 | 1,475,000 | 18 | 94 | 95 | 0 | 365 | 295 | -19 |
| Hailey | 390,000 | 450,000 | 15 | 97 | 97 | 0 | 150 | 111 | -26 |
| Ketchum | 1,350,000 | 1,594,000 | 18 | 96 | 96 | 0 | 284 | 246 | -13 |
| Mackay | 175,000 | 190,000 | 8 | 97 | 92 | -5 | 455 | 274 | -39 |
| South of Ketchum | 1,147,000 | 960,000 | -16 | 95 | 95 | 0 | 295 | 229 | -22 |
| North of Ketchum | 1,025,000 | 1,185,000 | 15 | 92 | 92 | 0 | 366 | 292 | -20 |
| Other | 206,000 | 248,000 | 20 | 95 | 97 | 2 | 379 | 336 | -11 |
| Stanley Basin | 925,000 | 370,000 | -60 | 99 | 98 | -1 | 269 | 191 | -28 |
| South Blaine Co | 216,423 | 225,000 | 3 | 93 | 93 | 0 | 304 | 228 | -25 |
| Sun Valley | 1,640,000 | 2,495,000 | 52 | 91 | 97 | 5 | 358 | 247 | -31 |
| Warm Springs in Ketchum | 1,500,000 | 1,069,000 | -28 | 94 | 95 | 0 | 317 | 223 | -29 |
| Sub Type Totals: Single Family Residence | 461,000 | 550,000 | 19 | 95 | 95 | 0 | 273 | 208 | -23 |
CONDOMINIUM STATISTICS IN THE SUN VALLEY MLS
| | Total Active | New Listings | Number Under Contract |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Elkhorn in Sun Valley | 97 | 80 | -17 | 78 | 66 | -15 | 66 | 61 | -7 |
| Hailey | 35 | 28 | -20 | 23 | 22 | -4 | 19 | 21 | 10 |
| Ketchum | 159 | 157 | -1 | 112 | 115 | 2 | 74 | 81 | 9 |
| South of Ketchum | 2 | 1 | -50 | 2 | 1 | -50 | 2 | 0 | – |
| North of Ketchum | 1 | 0 | – | 0 | 0 | 0 | 1 | 0 | – |
| Other | 0 | 1 | + | 0 | 1 | + | 0 | 1 | + |
| Sun Valley | 60 | 57 | -5 | 48 | 43 | -10 | 33 | 44 | 33 |
| Warm Springs in Ketchum | 56 | 60 | 7 | 38 | 40 | 5 | 25 | 29 | 16 |
| Sub Type Totals: Condominium | 410 | 384 | -6 | 301 | 288 | -4 | 220 | 237 | 7 |
| | Number Sold | Sold Volume | Average Sale Price |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Elkhorn in Sun Valley | 68 | 61 | -10 | 25,395,075 | 24,568,400 | -3 | 373,457 | 402,761 | 7 |
| Hailey | 16 | 22 | 37 | 3,497,300 | 5,077,300 | 45 | 218,581 | 230,786 | 5 |
| Ketchum | 76 | 74 | -2 | 47,816,353 | 56,184,261 | 17 | 629,163 | 759,247 | 20 |
| South of Ketchum | 2 | 0 | – | 323,000 | 0 | – | 161,500 | 0 | – |
| North of Ketchum | 1 | 0 | – | 1,775,000 | 0 | – | 1,775,000 | 0 | – |
| Other | 0 | 1 | + | 0 | 325,000 | + | 0 | 325,000 | + |
| Sun Valley | 34 | 41 | 20 | 17,759,000 | 21,494,000 | 21 | 522,324 | 524,244 | 0 |
| Warm Springs in Ketchum | 29 | 28 | -3 | 12,602,500 | 9,703,875 | -23 | 434,569 | 346,567 | -20 |
| Sub Type Totals: Condominium | 226 | 227 | 0 | 109,168,228 | 117,352,836 | 7 | 483,045 | 516,973 | 7 |
| | | | | | | | Days on Market |
| | Median Sale Price | Percent of List |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Elkhorn in Sun Valley | 312,500 | 359,500 | 15 | 97 | 97 | 0 | 147 | 101 | -31 |
| Hailey | 220,000 | 244,750 | 11 | 97 | 98 | 1 | 166 | 114 | -31 |
| Ketchum | 427,500 | 520,000 | 21 | 96 | 96 | 0 | 249 | 159 | -36 |
| South of Ketchum | 161,500 | 0 | -100 | 101 | 0 | – | 36 | 15 | -58 |
| North of Ketchum | 1,775,000 | 0 | -100 | 96 | 0 | – | 67 | 0 | – |
| Other | 0 | 325,000 | + | 0 | 99 | + | 0 | 59 | + |
| Sun Valley | 494,000 | 490,000 | 0 | 98 | 98 | 0 | 208 | 141 | -32 |
| Warm Springs in Ketchum | 320,000 | 270,000 | -15 | 95 | 96 | 1 | 247 | 184 | -25 |
| Sub Type Totals: Condominium | 363,250 | 365,000 | 0 | 97 | 97 | 0 | 210 | 144 | -31 |
TOWNHOUSE STATISTICS IN THE SUN VALLEY MLS
| | Total Active | New Listings | Number Under Contract |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 1 | 0 | – | 1 | 0 | – | 1 | 0 | – |
| Elkhorn in Sun Valley | 17 | 10 | -41 | 9 | 8 | -11 | 10 | 5 | -50 |
| Hailey | 54 | 74 | 37 | 47 | 69 | 46 | 38 | 41 | 7 |
| Ketchum | 46 | 34 | -26 | 28 | 25 | -10 | 26 | 27 | 3 |
| Other | 1 | 0 | – | 1 | 0 | – | 0 | 0 | 0 |
| Sun Valley | 10 | 3 | -70 | 7 | 3 | -57 | 9 | 2 | -77 |
| Warm Springs in Ketchum | 28 | 21 | -25 | 16 | 13 | -18 | 8 | 9 | 12 |
| Sub Type Totals: Townhouse | 157 | 142 | -9 | 109 | 118 | 8 | 92 | 84 | -8 |
| | Number Sold | Sold Volume | Average Sale Price |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 1 | 0 | – | 277,000 | 0 | – | 277,000 | 0 | – |
| Elkhorn in Sun Valley | 13 | 5 | -61 | 11,453,500 | 4,945,000 | -56 | 881,038 | 989,000 | 12 |
| Hailey | 39 | 32 | -17 | 9,393,000 | 8,306,825 | -11 | 240,846 | 259,588 | 7 |
| Ketchum | 25 | 19 | -24 | 30,166,500 | 23,869,669 | -20 | 1,206,660 | 1,256,298 | 4 |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sun Valley | 9 | 3 | -66 | 13,225,875 | 7,375,000 | -44 | 1,469,542 | 2,458,333 | 67 |
| Warm Springs in Ketchum | 8 | 9 | 12 | 5,301,500 | 5,971,500 | 12 | 662,688 | 663,500 | 0 |
| Sub Type Totals: Townhouse | 95 | 68 | -28 | 69,817,375 | 50,467,994 | -27 | 734,920 | 742,176 | 0 |
| | Median Sale Price | Percent of List | Days on Market |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 277,000 | 0 | -100 | 98 | 0 | – | 64 | 0 | – |
| Elkhorn in Sun Valley | 1,010,000 | 975,000 | -3 | 94 | 99 | 4 | 254 | 164 | -35 |
| Hailey | 228,000 | 242,500 | 6 | 98 | 97 | 0 | 126 | 72 | -42 |
| Ketchum | 761,250 | 930,000 | 22 | 97 | 97 | 0 | 238 | 209 | -12 |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 123 | 0 | – |
| Sun Valley | 1,646,875 | 2,000,000 | 21 | 95 | 94 | -1 | 141 | 76 | -46 |
| Warm Springs in Ketchum | 595,000 | 670,000 | 12 | 96 | 96 | 0 | 246 | 186 | -24 |
| Sub Type Totals: Townhouse | 440,750 | 387,500 | -12 | 96 | 97 | 1 | 195 | 128 | -34 |
VACANT RESIDENTIAL LAND STATISTICS IN THE SUN VALLEY MLS
| | Total Active | New Listings | Number Under Contract |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 65 | 64 | -1 | 35 | 32 | -8 | 10 | 21 | 110 |
| Elkhorn in Sun Valley | 31 | 39 | 25 | 15 | 18 | 20 | 2 | 3 | 50 |
| Hailey | 227 | 281 | 23 | 122 | 157 | 28 | 40 | 69 | 72 |
| Ketchum | 24 | 27 | 12 | 19 | 18 | -5 | 4 | 5 | 25 |
| Mackay | 18 | 19 | 5 | 18 | 8 | -55 | 4 | 6 | 50 |
| South of Ketchum | 133 | 146 | 9 | 57 | 81 | 42 | 19 | 29 | 52 |
| North of Ketchum | 30 | 12 | -60 | 10 | 3 | -70 | 5 | 4 | -20 |
| Other | 146 | 116 | -20 | 62 | 72 | 16 | 44 | 19 | -56 |
| South Blaine Co | 67 | 82 | 22 | 34 | 50 | 47 | 13 | 21 | 61 |
| Stanley Basin | 10 | 11 | 10 | 8 | 6 | -25 | 3 | 6 | 100 |
| Sun Valley | 34 | 51 | 50 | 12 | 37 | 208 | 5 | 8 | 60 |
| Warm Springs in Ketchum | 45 | 36 | -20 | 26 | 12 | -53 | 6 | 11 | 83 |
| Sub Type Totals: Residential Land | 830 | 884 | 6 | 418 | 494 | 18 | 155 | 202 | 30 |
| | Number Sold | Sold Volume | Average Sale Price |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 10 | 20 | 100 | 1,137,000 | 4,404,000 | 287 | 113,700 | 220,200 | 93 |
| Elkhorn in Sun Valley | 2 | 1 | -50 | 790,000 | 339,700 | -57 | 395,000 | 339,700 | -14 |
| Hailey | 37 | 52 | 40 | 5,423,060 | 10,913,430 | 101 | 146,569 | 209,874 | 43 |
| Ketchum | 3 | 4 | 33 | 6,875,000 | 8,500,000 | 23 | 2,291,667 | 2,125,000 | -7 |
| Mackay | 2 | 8 | 300 | 93,380 | 468,500 | 401 | 46,690 | 58,562 | 25 |
| South of Ketchum | 15 | 23 | 53 | 5,431,500 | 12,368,000 | 127 | 362,100 | 537,739 | 48 |
| North of Ketchum | 4 | 3 | -25 | 4,285,000 | 1,125,000 | -73 | 1,071,250 | 375,000 | -64 |
| Other | 45 | 19 | -57 | 3,074,030 | 3,448,000 | 12 | 68,312 | 181,474 | 165 |
| South Blaine Co | 13 | 19 | 46 | 1,361,000 | 1,338,000 | -1 | 104,692 | 70,421 | -32 |
| Stanley Basin | 3 | 6 | 100 | 620,000 | 938,000 | 51 | 206,667 | 156,333 | -24 |
| Sun Valley | 5 | 3 | -40 | 5,602,000 | 6,120,000 | 9 | 1,120,400 | 2,040,000 | 82 |
| Warm Springs in Ketchum | 5 | 8 | 60 | 2,869,000 | 4,314,323 | 50 | 573,800 | 539,290 | -6 |
| Sub Type Totals: Residential Land | 144 | 166 | 15 | 37,560,970 | 54,276,953 | 44 | 260,840 | 326,970 | 25 |
| | Median Sale Price | Percent of List | Days on Market |
| Area | Last Year | This Year | PCT | Last Year | This Year | PCT | Last Year | This Year | PCT |
| Bellevue | 105,000 | 89,750 | -14 | 93 | 93 | 0 | 449 | 342 | -23 |
| Elkhorn in Sun Valley | 395,000 | 339,700 | -14 | 83 | 97 | 17 | 684 | 501 | -26 |
| Hailey | 127,000 | 148,705 | 17 | 93 | 93 | 0 | 578 | 364 | -37 |
| Ketchum | 2,600,000 | 2,200,000 | -15 | 88 | 94 | 7 | 309 | 227 | -26 |
| Mackay | 46,690 | 48,750 | 4 | 87 | 89 | 2 | 306 | 317 | 3 |
| South of Ketchum | 300,000 | 300,000 | 0 | 92 | 89 | -3 | 535 | 396 | -25 |
| North of Ketchum | 1,026,000 | 490,000 | -52 | 91 | 96 | 5 | 707 | 436 | -38 |
| Other | 33,000 | 57,000 | 72 | 89 | 137 | 53 | 395 | 357 | -9 |
| South Blaine Co | 100,000 | 39,000 | -61 | 92 | 95 | 3 | 419 | 298 | -28 |
| Stanley Basin | 200,000 | 151,500 | -24 | 85 | 94 | 10 | 317 | 242 | -23 |
| Sun Valley | 1,000,000 | 1,525,000 | 52 | 94 | 99 | 6 | 475 | 289 | -39 |
| Warm Springs in Ketchum | 481,000 | 469,250 | -2 | 86 | 89 | 3 | 476 | 421 | -11 |
| Sub Type Totals: Residential Land | 122,500 | 149,950 | 22 | 89 | 97 | 8 | 498 | 359 | -27 |
Information is deemed to be reliable, but is not guaranteed. © 2020 MLS and FBS. Prepared by Sheila Liermann, Associate Broker | Principal, AB, GRI, SFR on Tuesday, March 03, 2020 12:43 PM.
