Strange Market Sun Valley Real Estate MArket

Our market seems pretty strange right now, and I can’t seem to put a finger on it.  There have been 36 sales for condos and residential homes with a list price of $1 Million or greater since Jan 1st 2014.  Which is good strong data on the luxury market.  The following data is for what we call the resort market, Sun Valley, Ketchum, Warm Springs, Elkhorn, and North Ketchum.  It would be a case of have and have not type of market.  Weak employment conditions for the professional worker, but the people with net worths of $5 Million or more have no problem spending money on quality inventory.

Condo / Townhome Market Snap Shot by Price segment.

In the condo / townhouse market 900,000 – 1,000,000, there are 0 pending properties for a total of 7 listings, (3 bedrooms or more).

In the condo / townhouse market 800,000 – 900,000, there are 4 pending properties for a total of 10 listings, (3 bedrooms or more).

In the condo / townhouse market 700,000 – 800,000, there are 3 pending properties for a total of 26 listings, (3 bedrooms or more).

In the condo / townhouse market 600,000 – 700,000, there are 0 pending properties for a total of 16 listings, (3 bedrooms or more).

In the condo / townhouse market 500,000 – 600,000, there are 0 pending properties for a total of 15 listings, (3 bedrooms or more).

In the condo / townhouse market 400,000 – 500,000, there are 0 pending properties for a total of 11 listings, (3 bedrooms or more).

In the condo / townhouse market 300,000 – 400,000, there are 0 pending properties for a total of 6 listings, (3 bedrooms or more).

In the condo / townhouse market 300,000 – 400,000, there are 0 pending properties for a total of 41 listings, (2 bedrooms or more).

In the condo / townhouse market 200,000 – 300,000, there are 3 pending properties for a total of 33 listings, (2 bedrooms or more).

 

Posted on July 8, 2014 at 6:40 pm
Randy Flood | Category: Ketchum and Sun Valley Real Estate Info, Ketchum and Sun Valley Real Estate Video Info, Water Rights

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