IN THE WEEDS | Sun Valley MLS Real Estate Market | 2020 over 2019

IN THE WEEDS – real estate stats by location 

Year-Over-Year Market Analysis for the entire Sun Valley MLS 

This Year: 1/1/2020 to 12/31/2020
Last Year: 1/1/2019 to 12/31/2019
Report Date: 1/4/2021

THE SUN VALLEY SINGLE-FAMILY HOME MARKET UPDATE – 2020 over 2019 

	Total Active			New Listings			Number Under Contract
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	92	87	-5	72	68	-5	46	59	28
Elkhorn in Sun Valley	57	43	-24	34	29	-14	23	35	52
Hailey	219	211	-3	180	182	1	132	149	12
Ketchum	101	90	-10	57	61	7	35	49	40
Mackay	18	13	-27	11	4	-63	5	11	120
South of Ketchum	178	160	-10	113	108	-4	41	83	102
North of Ketchum	33	27	-18	21	16	-23	10	12	20
Other	58	40	-31	37	23	-37	26	24	-7
Stanley Basin	9	15	66	7	13	85	6	14	133
South Blaine Co	39	30	-23	23	22	-4	16	22	37
Sun Valley	39	43	10	26	30	15	15	24	60
Warm Springs in Ketchum	56	38	-32	31	27	-12	28	23	-17
Sub Type Totals: Single Family Residence	899	797	-11	612	583	-4	383	505	31

	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	49	16	20,210,100	24,932,036	23	481,193	508,817	5
Elkhorn in Sun Valley	27	33	22	41,881,000	52,673,115	25	1,551,148	1,596,155	2
Hailey	135	133	-1	63,707,329	86,886,730	36	471,906	653,284	38
Ketchum	31	46	48	66,541,068	152,602,645	129	2,146,486	3,317,449	54
Mackay	5	10	100	1,123,000	3,660,500	225	224,600	366,050	62
South of Ketchum	38	78	105	51,911,500	171,832,250	231	1,366,092	2,202,978	61
North of Ketchum	8	12	50	10,600,000	31,619,000	198	1,325,000	2,634,917	98
Other	27	24	-11	12,165,800	16,011,100	31	450,585	667,129	48
Stanley Basin	5	13	160	4,653,000	8,797,500	89	930,600	676,731	-27
South Blaine Co	16	17	6	5,430,900	9,194,000	69	339,431	540,824	59
Sun Valley	17	20	17	40,565,000	66,480,001	63	2,386,176	3,324,000	39
Warm Springs in Ketchum	27	19	-29	32,852,000	35,835,000	9	1,216,741	1,886,053	55
Sub Type Totals: Single Family Residence	378	454	20	351,640,697	660,523,877	87	930,266	1,454,898	56

	Median Sale Price			Percent of List
Area	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	387,500	415,000	7	97	97	0
Elkhorn in Sun Valley	1,405,000	1,200,000	-14	94	97	2
Hailey	436,000	545,000	25	97	98	0
Ketchum	1,500,000	2,250,000	50	96	94	-1
Mackay	190,000	249,000	31	92	91	0
South of Ketchum	947,500	1,762,500	86	96	97	1
North of Ketchum	1,185,000	2,434,500	105	91	91	0
Other	220,000	392,500	78	96	97	0
Stanley Basin	370,000	440,000	18	98	97	0
South Blaine Co	225,000	575,000	155	93	97	4
Sun Valley	2,383,000	2,670,000	12	96	97	1
Warm Springs in Ketchum	1,100,000	1,522,500	38	95	94	0
Sub Type Totals: Single Family Residence	545,000	825,000	51	95	96	1

THE SUN VALLEY CONDOMINIUM MARKET UPDATE – 2020 over 2019 

	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	88	90	2	71	79	11	64	79	23
Hailey	30	18	-40	24	16	-33	21	14	-33
Ketchum	161	157	-2	119	123	3	82	97	18
South of Ketchum	0	2	+	0	2	+	0	2	+
Other	1	1	0	1	1	0	1	1	0
Sun Valley	63	47	-25	45	40	-11	43	36	-16
Warm Springs in Ketchum	57	59	3	37	45	21	31	41	32
Sub Type Totals: Condominium	400	374	-6	297	306	3	242	270	11

	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	67	77	14	26,229,300	40,084,300	52	391,482	520,575	32
Hailey	21	13	-38	4,827,300	3,834,050	-20	229,871	294,927	28
Ketchum	71	97	36	51,417,261	93,502,103	81	724,187	963,939	33
South of Ketchum	0	2	+	0	410,000	+	0	205,000	+
Other	1	1	0	325,000	739,000	127	325,000	739,000	127
Sun Valley	36	39	8	18,853,000	20,308,000	7	523,694	520,718	0
Warm Springs in Ketchum	31	38	22	10,836,375	24,330,000	124	349,560	640,263	83
Sub Type Totals: Condominium	227	267	17	112,488,236	183,207,453	62	495,543	686,170	38

	Median Sale Price			Percent of List
Area	Last Year	This Year	PCT	Last Year	This Year	PCT
Elkhorn in Sun Valley	350,000	450,000	28	97	99	1
Hailey	240,000	275,000	14	98	99	0
Ketchum	485,000	600,000	23	96	98	1
South of Ketchum	0	205,000	+	0	99	+
Other	325,000	739,000	127	99	100	1
Sun Valley	495,000	502,000	1	98	99	1
Warm Springs in Ketchum	280,000	502,000	79	96	96	0
Sub Type Totals: Condominium	365,000	485,000	32	97	99	2

THE SUN VALLEY TOWNHOUSE MARKET UPDATE – 2020 over 2019 

	Total Active			New Listings			Number Under Contract
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	0	2	+	0	2	+	0	2	+
Elkhorn in Sun Valley	11	24	118	10	20	100	5	20	300
Hailey	48	79	64	45	71	57	35	48	37
Ketchum	38	56	47	28	44	57	23	47	104
Sun Valley	4	4	0	3	4	33	4	4	0
Warm Springs in Ketchum	21	27	28	14	21	50	8	19	137
Sub Type Totals: Townhouse	122	192	57	100	162	62	75	140	86

	Number Sold			Sold Volume			Average Sale Price
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	0	2	+	0	688,500	+	0	344,250	+
Elkhorn in Sun Valley	5	9	80	4,945,000	11,367,000	129	989,000	1,263,000	27
Hailey	33	40	21	8,344,325	11,886,131	42	252,858	297,153	17
Ketchum	18	37	105	20,434,619	53,094,550	159	1,135,257	1,434,988	26
Sun Valley	5	4	-20	13,440,000	5,399,000	-59	2,688,000	1,349,750	-49
Warm Springs in Ketchum	7	20	185	4,144,500	19,007,000	358	592,071	950,350	60
Sub Type Totals: Townhouse	68	112	64	51,308,444	101,442,181	97	754,536	905,734	20

	Median Sale Price			Percent of List
Area	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	0	344,250	+	0	100	+
Elkhorn in Sun Valley	975,000	1,400,000	43	99	99	0
Hailey	240,000	280,750	16	97	98	0
Ketchum	945,000	1,085,000	14	96	99	2
Sun Valley	2,000,000	1,125,000	-43	95	96	1
Warm Springs in Ketchum	630,000	818,500	29	95	98	3
Sub Type Totals: Townhouse	362,000	653,750	80	96	98	2

THE SUN VALLEY RESIDENTIAL VACANT LAND MARKET UPDATE – 2020 over 2019 

	Total Active			New Listings			Number Under Contract
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	72	88	22	39	70	79	22	54	145
Elkhorn in Sun Valley	39	36	-7	17	19	11	2	22	1000
Hailey	264	220	-16	133	95	-28	53	130	145
Ketchum	32	21	-34	20	13	-35	4	7	75
Mackay	25	15	-40	15	6	-60	9	7	-22
South of Ketchum	142	134	-5	75	69	-8	24	71	195
North of Ketchum	13	19	46	6	14	133	4	8	100
Other	125	125	0	88	41	-53	16	33	106
South Blaine Co	76	65	-14	46	29	-36	21	22	4
Stanley Basin	11	8	-27	6	6	0	5	6	20
Sun Valley	46	51	10	33	23	-30	3	33	1000
Warm Springs in Ketchum	39	26	-33	15	12	-20	12	11	-8
Sub Type Totals: Residential Land	884	808	-8	493	397	-19	175	404	130

	Number Sold			Sold Volume			Average Sale Price
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	21	18	-14	4,519,000	2,972,000	-34	215,190	165,111	-23
Elkhorn in Sun Valley	2	17	750	814,700	8,220,000	908	407,350	483,529	18
Hailey	49	109	122	10,430,230	23,356,470	123	212,862	214,280	0
Ketchum	4	6	50	8,500,000	14,154,000	66	2,125,000	2,359,000	11
Mackay	9	7	-22	523,500	483,000	-7	58,167	69,000	18
South of Ketchum	23	64	178	9,140,500	36,418,000	298	397,413	569,031	43
North of Ketchum	3	8	166	1,295,000	31,412,500	2325	431,667	3,926,562	809
Other	18	27	50	3,332,500	1,646,800	-50	185,139	60,993	-67
South Blaine Co	21	22	4	1,658,000	1,981,000	19	78,952	90,045	14
Stanley Basin	5	6	20	733,000	5,320,000	625	146,600	886,667	504
Sun Valley	3	30	900	3,007,000	44,815,000	1390	1,002,333	1,493,833	49
Warm Springs in Ketchum	8	10	25	4,314,323	6,590,000	52	539,290	659,000	22
Sub Type Totals: Residential Land	166	324	95	48,267,753	177,368,770	267	290,770	547,434	88

	Median Sale Price			Percent of List
Area	Last Year	This Year	PCT	Last Year	This Year	PCT
Bellevue	90,000	125,000	38	93	93	0
Elkhorn in Sun Valley	407,350	450,000	10	92	95	3
Hailey	149,000	175,000	17	94	95	1
Ketchum	2,200,000	2,325,000	5	94	97	2
Mackay	50,000	49,000	-2	90	99	10
South of Ketchum	300,000	385,000	28	91	94	4
North of Ketchum	500,000	1,051,250	110	94	98	4
Other	51,500	45,000	-12	140	92	-33
South Blaine Co	40,000	43,250	8	94	88	-6
Stanley Basin	150,000	642,500	328	96	100	4
Sun Valley	995,000	1,300,000	30	98	97	0
Warm Springs in Ketchum	469,250	650,000	38	89	92	3
Sub Type Totals: Residential Land	149,950	237,500	58	97	95	-2

 

Check back after the first of every month for a Sun Valley real estate market update. 

Respectfully blogged,
SHEILA LIERMANN | 208.481.0450 | SunValleySheila@gmail.com 

Sun Valley Real Estate Broker

Information is deemed to be reliable, but is not guaranteed. © 2021 MLS and FBS. Prepared by Sheila Liermann, Associate Broker, AB, GRI, SFR on Monday, January 04, 2021 3:25 PM.