Tom and I traveled to Bentonville, Arkansas last month for a mountain bike event. The town has been transformed over the last 15 years due to an $85mm investment in trails provided by the Walton family. Bentonville Real Estate prices have doubled, the restaurant scene is thriving and the trails are attracting many large events. Pretty cool.
As for the local real estate market, there are stark differences between Ketchum and Hailey as shown below.
Notably, sales and prices are up for the year in Ketchum and down in Hailey.
In fact, the median sales price in Ketchum is UP a whopping 34% over 2023.
Ketchum Market Report
Monthly Ketchum Real Estate Market Report as of November 2024 compared to 2023
▲ 18%
Active Listings
242
▲ 12%
Closed Sales
90
▲ 34%
Median Sales Price
$2mm
▲ 9%
Days on Market
72
Ketchum Homes for Sale
Hailey Real Estate Market Report
Monthly Hailey Real Estate Market Report as of November 2024 compared to 2023
▲ 19%
Active Listings
174
▼ 13%
Closed Sales
84
▼ 10%
Median Sales Price
$670k
▲ 16%
Days on Market
74
Hailey Homes for Sale
New on the Market
Check out this townhome that lives more like a single family home. Adjacent to Atkinsons Park. Could make a nice short term rental property.
Galena Lodge hosts the local Nordic Ski Group “VAMPS & DONS”. There are lessons and workouts for all abilities of classic and skate skiers. Most groups meet 1x/wk during the winter. Check it out here: https://www.galenalodge.com/vamps–dons-ski-clinics.html