Market Review 2003 to 2004 | Sun Valley Homes

Sun Valley Real Estate Update: Single-Family Homes (2023 to 2024)

The single-family home market in Sun Valley also shows diverse trends. Comparing November 2022 to October 2023 with the following year reveals varying levels of buyer interest. There is a buyer trend toward buying single family homes in certain areas of our resort market.

Single-Family Home Market Overview

North Ketchum

Homes Sold: Up 240%

Active Listings: Down 80%

Median Sold Price/SqFt: Up 40%

Median Sold Price: Up 5%

Warm Springs

Homes Sold: Up 46%

Active Listings: Down 71%

Median Sold Price/SqFt: Up 3%

Median Sold Price: Up 58%

Ketchum

Homes Sold: Up 38%

Active Listings: Down 94%

Median Sold Price/SqFt: Down 5%

Median Sold Price: Down 7%

Elkhorn

Homes Sold: Up 45%

Active Listings: Down 67%

Median Sold Price/SqFt: Down 2%

Median Sold Price: Up 34%

Sun Valley

Homes Sold: Down 11%

Active Listings: Down 80%

Median Sold Price/SqFt: Down 10%

Median Sold Price: Down 10%

Mid-Valley

Homes Sold: Up 3%

Active Listings: Down 82%

Median Sold Price/SqFt: Up 15%

Median Sold Price: Up 42%

Conclusion for Single-Family Homes The single-family market features both growth in sales in areas like North Ketchum and Warm Springs, alongside price declines in others such as Ketchum and Sun Valley. The evolving landscape provides buyers with diverse options and highlights shifting preferences.

Sun Valley Market comparrison for Single Family Homes