🏔️ Ketchum – Condos & Townhomes

• Inventory remains very tight, down nearly 46% year-over-year 📉 → strong supply constraint
• No sales in the first few days of May isn’t unusual, but paired with:
  • Pending activity up 21.7% YTD, demand is clearly still active 🔥
• Slight month-to-month inventory increase (+4.5%) suggests:
  • Some new listings hitting, but not enough to shift supply balance
• Overall signal: Seller-favored environment, with buyers waiting for the right unit rather than pulling back

🏡 Ketchum – Single Family Homes

• Inventory down 27% YoY, continuing a chronic shortage of homes 🏠
• Sales and pendings both up significantly YTD:
  • +33% sold, +25% pending → steady demand despite low supply
• Lack of early-May activity is normal at this price point (thin data window)
• Key takeaway:
  • High competition for limited listings, especially for well-priced homes

🎿 Warm Springs – Condos & Townhomes

• Inventory is flat YoY and YTD, which is rare in this broader low-supply market
• Sales dropped MTD (-100%), but:
  • YTD sales +12.5% and pendings +14.3% show underlying momentum
• This suggests:
  • Activity is lumpy, not declining
• Likely dynamic:
  • Buyers targeting ski-access proximity, but acting selectively 🎯

🏡 Warm Springs – Single Family Homes

• Inventory down 25% across all comparisons → extremely constrained supply 🚫
• YTD sales flat, but:
  • Pendings up 33%, indicating deals forming now
• One notable stat:
  • 100% drop YoY in early-May sales (from 1 to 0) → just timing noise
• Overall:
  • Quiet but tightening market, with demand starting to build under the surface

🌄 Sun Valley – Condos & Townhomes

• Inventory down sharply:
  • -37.5% MTD, -44.4% YoY → major supply contraction 📉
• Sales activity is strong in the short term:
  • 2 sales already this month
  • +100% YoY for same period
• YTD:
  • Sales down (-25%) but pendings stable → demand hasn’t disappeared
• Interpretation:
  • Absorption is happening quickly when units hit the market ⚡

🏡 Sun Valley – Single Family Homes

• Inventory up significantly:
  • +50% YoY and YTD → more options entering the market
• YTD sales up 300% 🚀 (small sample, but still meaningful)
• Pendings flat → suggests:
  • Market may be absorbing new inventory at a steady pace
• Key dynamic:
  • This is one of the few segments shifting toward balance ⚖️

⛳ Elkhorn – Condos & Townhomes

• Inventory down 34% YoY, continuing broader supply compression trend
• YTD sales down 23.5%, but:
  • Pendings slightly up → future closings may stabilize numbers
• No current-month activity yet (normal for early May)
• Interpretation:
  • Buyers are active but cautious, possibly more price-sensitive here 💭

🏡 Elkhorn – Single Family Homes

• Inventory up 50%, but from a very small base (still only 3 homes)
• YTD:
  • Sales up 50%
  • Pendings up 200% 📈 → strong relative demand
• This segment is:
  • Thinly traded but gaining momentum
• Key takeaway:
  • Even small increases in activity here can signal emerging demand shifts