Happy Friday!
August is on us, the symphony is in town and the weather, despite a few thunder showers is gorgeous! This weekend the Folk Festival is on in Hailey in addition to all of the north valley concerts and events.
Showings this past week picked up significantly and we’ve seen a number of $2 million + listings go under contract in the past few weeks. All good signs that the real estate market, though still rocky, is picking up steam.
Here are the statistics for July:
New listings: 230
Price reductions: 225
Pending Sales: 51
Closings: 40
Of the closings:
Average Sales Price: $438,000
Low Sales Price: $29,000
High Sales Price: $7,000,000
Average days on market: 171
These were the sales:
3 houses in Ketchum
2 homes in Sun Valley (One was $7 million)
4 condo/townhomes in Ketchum
3 condo/townhouses in Sun Valley
1 vacant lot in Hailey ($150,000)
1 vacant lot in Ketchum ($750,000)
6 homes in Bellevue
11 homes in Hailey
8 homes outside Blaine County
Rob, Rob and I currently have 45 properties listed, many with very motivated sellers. If you would like to browse through our listings we encourage you to visit our website: http://www.svbrokers.com/properties/search.php?userid=23
And if you would like to browse the entire MLS, our office website has the best search engine available on the web. Take a look at http://www.svbrokers.com/frame.php?url=http://link.flexmls.com/goqne1kvs8h,6 to search all of the current valley listings.
Wishing you a wonderful weekend!
Katherine Rixon, Rob Cronin and Rob Hogan
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