🏡 Ketchum Condo & Townhome Market Update – April 2025 Snapshot

Ketchum Townhomes

📍 Data specific to Ketchum, ID – Condos & Townhomes Only (No Single-Family Homes)
🌄 Part of the Sun Valley Real Estate Market

Here is a break down of the latest housing trends in Ketchum’s condo and townhome market with a fast, data-driven look at how things are shifting — and what it means for buyers and sellers right now.

📊 March 2025 vs. Previous Periods

🔄 Inventory (Condos/Townhomes For Sale)

• ➡️ 31 active listings in March 2025

• 🔽 Down 11.4% from Feb 2025 (35 units)

• 🔼 Up 63.2% from March 2024 (19 units)

• 📈 More options on the market compared to last year — strong for buyers.

✅ Condos/Townhomes Sold

• ➡️ 3 sales in March 2025

• 🔽 Down 40% from Feb 2025 (5 sales)

• 🔽 Down 25% from March 2024 (4 sales)

• ⚠️ Sales volume is softening — could be due to price sensitivity or market timing.

📅 Pending Sales

• ➡️ 5 units under contract in March

• 🔼 Up 150% vs. Feb 2025 (2 units)

• 🔽 Down 28.6% vs. March 2024 (7 units)

• 🔄 Short-term recovery, but still trailing last year’s pace.

📅 Mid-April 2025 vs. Recent Trends

📌 Period: April 1–14, 2025

🔄 Condos/Townhomes For Sale

• ➡️ 33 active listings

• 🔼 Up 13.8% from March 1–14 (29 listings)

• 🔼 Up 65% from same period in April 2024 (20 listings)

• ✅ Consistent inventory growth — good news for active buyers.

✅ Units Sold

• ➡️ 1 sale so far in April

• ➡️ No change from March 1–14 (also 1 sale)

• 🔽 Down 50% vs. April 1–14, 2024 (2 sales)

• 🔼 Year-to-date: 14 units sold, up 27.3% from 2024

• 🧐 Month is off to a slow start, but 2025 is still ahead overall.

📅 Pending Sales (MTD)

• ➡️ 0 new pendings in April so far

• 🔽 Down from 2 in early March

• ➡️ Flat vs. April 2024 (0 pendings)

• 🔽 YTD pendings: 14, down 12.5% compared to 2024

• ⚠️ A pause in buyer activity this month — keep an eye on this trend.

🔍 Key Takeaways for Ketchum’s Condo/Townhome Market

• 📦 Inventory is steadily increasing — creating opportunities for buyers.

• 💸 Sales activity is cooling, both month-over-month and year-over-year.

• 🧭 Pending activity is inconsistent, suggesting buyer uncertainty or delayed decisions.

• 📆 2025 is still ahead of 2024 year-to-date, especially in closed sales.

🎯 This data reflects only condo and townhome activity in Ketchum, ID — single-family homes are not included.