180 N Main Street

Ketchum, ID

©2018 by Cheryl Concannon. 

HOW I HElP SELLERS

The Sun Valley Market Report

                                

Overall, 2019 was a steady year in Blaine County real estate, with slight declines in the number of closed transactions and total dollar volume, but an increase in the median selling price, according to the Sun Valley Board of Realtors MLS data.

 

In the resort condo market, 244 sales were recorded in 2019, compared to 266 a year earlier. That decline was off set in the resort single family market which climbed 7.8 percent and boosted a 4.4 percent gain in the median sales price.

The luxury market continues to perform well. Sales of homes and condos listed above $2 million now account for nearly 25 percent of the total dollar volume sold. Properties in this price range had a median selling price of $630 per livable square foot in 2019, an increase of 11 percent from 2018.

 

In the Hailey market, 135 homes sold in 2019, down from 164 homes a year earlier. During the past 10 years, the median price per square foot in Hailey has climbed 40 percent.  The price increase was driven largely by a decline in available inventory and a spike in the cost of building materials.

 

We expect 2020 to be a steady year in Sun Valley real estate, with tight inventory levels driving residential real estate prices upward in certain price points. The local market has posted three consecutive years of steady growth, and interest in our community from out of area buyers is at a decade long high.

 

 

 

  • Get it sold

  • Sell for the  best fair market price

  • Sell within your time frame

  • Stay calm and clear

 

Helping to find a buyer for your property is only one facet of my job.

 

In addition I:

 

  • Keep you informed: Communicate what's happening frequently - activity, potential buyer comments and agent feedback

  • Explain basic real estate principles and paperwork

  • Inform you of Market Trends: Do a Comparative Market Analysis to help determine the  effective asking price through the marketing time period

  • Assist you in preparing your property for sale

  • Market the property to buyers and other agents

  • List your property on appropriate websites

  • Assist you with the purchase and sale agreement

  • Negotiate with  buyers and their agents on your behalf

  • Track contingencies  and ensure contract deadlines are met

  • Work with title and escrow companies to ensure documents are in order

 

By working with me you:

 

  • Are more likely to  get the highest return on your investment

  • Decrease your days on market

  • Understand all the  terms, processes and paperwork involved

  • Have exposure to more buyers and agents with  qualified buyers

  • Have  current market information to make informed decisions

  • Have a skilled negotiator on  your side

  • Enjoy greater peace of mind during the process