🏡 Warm Springs Condo & Townhome Market Update

📍 Ketchum, ID – Part of the Sun Valley Resort Market
🗓️ March & Mid-April 2025 | 🏘️ Condos & Townhomes Only

Thinking of buying or selling in the Warm Springs neighborhood of Ketchum? Here’s the latest market activity for condos and townhomes — no single family homes included

📊 March 2025 Market Snapshot

🔄 Condos/Townhomes For Sale
➡️ 7 active listings
🔽 Down 36.4% from Feb (11 listings)
🔽 Down 22.2% from March 2024 (9 listings)
📉 Inventory is shrinking both month-over-month and year-over-year — competitive for buyers.

✅ Units Sold
➡️ 2 sales in March
🔼 Up 100% from Feb (1 sale)
🔼 Up 100% from March 2024 (1 sale)
🔥 Sales doubled YoY and MoM — signs of buyer interest despite tighter inventory.

📅 Pending Sales
➡️ 3 condos/townhomes under contract
🔼 Up 200% from Feb (1 pending)
🔼 Up 200% from March 2024 (1 pending)
📈 A strong jump in pending activity — buyers are making quick decisions!

📅 Mid-April 2025 Trends

📌 Period: April 1–14, 2025

🔄 For Sale
➡️ 5 active listings
🔽 Down 37.5% from early March (8 listings)
🔽 Down 16.7% from April 2024 (6 listings)
🧊 Inventory remains tight heading into spring — sellers may benefit from lower competition.

💰 Units Sold
➡️ 0 sales so far in April
🔽 Down from 1 in early March
➡️ Flat vs. April 2024 (0 sales)
🔽 YTD Sales: 4 units (vs. 5 in 2024) → ⬇️ -20%
📉 Closed activity has slowed in April, but the year is still holding near 2024’s pace.

📋 Pending Sales (MTD)
➡️ 0 new pendings
➡️ Flat vs. early March (also 0)
🔽 Down from 2 in April 2024
🔽 YTD Pendings: 5 vs. 7 → ⬇️ -28.6%
⏳ A cooldown in April pendings — possibly seasonal or due to limited inventory.

📍 Year-over-Year Snapshot – March 2025 vs. March 2024

🧠 Quick Insights – Warm Springs Area

✨ Inventory is low — buyers have fewer options
💸 March sales & pendings surged, but April is off to a slower start
⏳ YTD pendings and solds are slightly down vs. 2024
🎯 This could be a sweet spot for sellers, while buyers may need to act fast on new listings

—

📣 Considering a move in Warm Springs? Whether you’re buying or selling, let’s build a strategy based on the latest trends. 📲
#WarmSpringsKetchum #SunValleyRealEstate #CondosForSale #TownhomesOnly #MarketUpdate #KetchumID #IdahoLiving