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Sun Valley Real Estate News β€’ April 15, 2025

Key Takeaways for Elkhorn’s Condo/Townhome Market

πŸ“Š March 2025 vs. 2024 Previous Period

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πŸ”„ Inventory (Condos/Townhomes For Sale)

➑️ 20 active listings in March 2025
πŸ”½ Down 35.5% from Feb 2025 (31 listings)
πŸ”Ό Up 42.9% from March 2024 (14 listings)

πŸ“ˆ Inventory is shrinking month-to-month, but still well above last year β€” a mixed signal for buyers.


βœ… Condos/Townhomes Sold

➑️ 3 sales in March 2025
➑️ Flat from Feb 2025 (also 3 sales)
πŸ”Ό Up 200% from March 2024 (1 sale)

πŸ“Š Market demand appears stable, and significantly stronger than this time last year.


πŸ“… Pending Sales

➑️ 5 units under contract in March
➑️ Flat vs. Feb 2025 (also 5 units)
πŸ”½ Down 16.7% vs. March 2024 (6 units)

🧭 Momentum has held steady month-over-month, though slightly lagging last year’s pace.


πŸ“… Mid-April 2025 vs. Recent Trends

πŸ“Œ Period: April 1–14, 2025

πŸ”„ Condos/Townhomes For Sale

➑️ 20 active listings
πŸ”½ Down 9.1% from March 1–14 (22 listings)
πŸ”Ό Up 5.3% from April 1–14, 2024 (19 listings)

βœ… Inventory remains higher than last year, though showing a dip in early April.


βœ… Units Sold

➑️ 4 sales so far in April
πŸ”Ό Up 100% from March 1–14 (2 sales)
πŸ”Ό Up 33.3% from April 1–14, 2024 (3 sales)
πŸ”Ό Year-to-date: 14 units sold, up 133.3% from 2024

πŸ“ˆ Sales are gaining strength early this month β€” 2025 is outperforming last year significantly.


πŸ“… Pending Sales (MTD)

➑️ 2 new pendings in April so far
πŸ”½ Down from 3 in early March
πŸ”Ό Up from 1 in April 2024
πŸ”Ό YTD pendings: 14, up 27.3% compared to 2024

πŸ”„ Moderate buyer activity early in April β€” YTD is trending positively.


πŸ” Key Takeaways for Elkhorn’s Condo/Townhome Market

πŸ“¦ Inventory levels are down from last month but still ahead of last year β†’ good balance for buyers.
πŸ’° Sold volume is up significantly year-over-year β†’ strong sign of buyer confidence.
πŸ“‰ Pending sales are mixed, showing a pause in April but higher YTD totals.
πŸ“† 2025 continues to outpace 2024, especially in closed transactions.

🎯 This data reflects only condos and townhomes in the Elkhorn area of Sun Valley, Idaho β€” single-family homes not included.