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300 N. Main Street
Ketchum, Idaho

Fall 2014

Sun Valley Board of Realtors and Sun Valley Real Estate statistics update for 2014 shows continuing market improvement with fewer distressed property sales from the prior year and higher median prices per transaction. The third quarter of 2013 was clearly impacted by the Beaver Creek Fire in August, so improved market performance was expected this year. Total MLS sales volume through third quarter 2014 was $300,742,000 up 27% from 2013. However, the total number of transactions was down by 11%, causing the average price per transaction to increase from 2013. This is clearly due to smaller number of short sales and bank REO (Real Estate Owned) properties. The most significant market sector improvements include vacant lot sales in Hailey and single family residential sales in Mid-Valley, Ketchum, and North Ketchum. Sun Valley Real Estate’s total sales volumes for 2014 YTD have already exceeded total 2013 sales by over 10% with two months remaining in 2014!