π‘ Sun Valley Historic Condo & Townhome Market Update
π Historic Sun Valley β March & Mid-April 2025
ποΈ Condos & Townhomes Only
π March 2025 Market Snapshot
π Condos/Townhomes For Sale
β‘οΈ 9 active listings
π½ Down 35.7% from Feb (14 listings)
πΌ Up 125% from March 2024 (4 listings)
π¦ Inventory is significantly higher than last year, despite a sharp monthly drop.
β
Units Sold
β‘οΈ 2 closed sales in March
πΌ Up 100% from Feb (1 sale)
πΌ Up 100% from March 2024 (1 sale)
π₯ Demand is increasing, with sales doubling both MoM and YoY.
π
Pending Sales
β‘οΈ 4 properties under contract
πΌ Up 300% from Feb (1 pending)
πΌ Up 100% from March 2024 (2 pendings)
π Pending activity signals rising buyer confidence heading into spring.
π Mid-April 2025 Trends
π Period: April 1β14, 2025
π For Sale
β‘οΈ 9 listings
π½ Down 30.8% from early March (13 listings)
πΌ Up 50% from April 2024 (6 listings)
ποΈ Inventory is lighter this month, but still up YoY.
π° Units Sold
β‘οΈ 1 closing so far in April
β‘οΈ Flat from early March (also 1 sale)
πΌ Up from 0 sales in April 2024
πΌ YTD Sales: 6 vs. 3 last year β π₯ Up 100%
π 2025 is doubling last yearβs pace in closed sales!
π Pending Sales (MTD)
β‘οΈ 0 new pendings
π½ Down from 1 in early March
β‘οΈ Flat vs. April 2024 (0 pendings)
β‘οΈ YTD Pendings: 5 (same as 2024)
β³ A pause this month β could be seasonal or just temporary.
π Year-over-Year Snapshot β March 2025 vs. March 2024
Category | March 2024 | March 2025 | % Change | Trend |
---|---|---|---|---|
For Sale | 4 listings | 9 listings | πΌ +125% | Buyers have more to choose from π¦ |
Sold | 1 sale | 2 sales | πΌ +100% | Sales doubled YoY π₯ |
Pending | 2 pendings | 4 pendings | πΌ +100% | Buyer momentum picking up π |
π§ Quick Insights
β¨ Inventory is still above 2024 levels β great for buyers
π° Closed sales have doubled β confidence is rising
β³ Pending activity surged in March, dipped in April β keep an eye on trend
π
2025 is pacing well ahead of 2024 in closed volume
π― Buying or selling in the Historic Sun Valley condo/townhome market? Let’s chat strategy β data like this gives you the edge! π²
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