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Market Report July 18th, 2024

Sun Valley Idaho Real Estate Market Report

The Sun Valley area real estate market has been booming since Summer of 2020 and we are beginning to stabilize. Inventory is rising and the pace of sales is normalizing.
 

Ketchum Real Estate Market Report

Ketchum market update: median price $998K, 597 active listings, 88 days on market, and 178 homes sold, with percentage changes.
 
Compared to 2023, sales in Ketchum are down 5%, listings are up 17% and the Median Sales Price is up 17%. Due to the increased listings, I expect to see prices stabilize soon.
 

Sun Valley Real Estate Market Report

Sun Valley market update: $1.24M median sales price, 115 active listings, 83 days on market, and 34 homes sold.
 
Compared to 2023, Sales in Sun Valley are down 21%! Sales prices are also down 3% and the number of listings is up 22%. The market in Sun Valley has slowed since 2023.
 

Hailey, Idaho Real Estate Market Report

Hailey market update infographic: median price $677K, 121 active listings, 107 days on market, and 32 homes sold.
 
Sales in Hailey, Idaho are down compared to 2023 by 35%. Median sales price for 2024 is also down 11% over 2023.

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Whether you're buying, selling, or simply figuring out what comes next, it helps to have someone who knows this Valley beyond the listings. We do.
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Wood River Properties

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