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.

Great Remodel.  Live-In or Short Term Rental Potential. 
Move right in to this beautifully updated townhome located in a quiet residential neighborhood just a few blocks from downtown Ketchum Featuring an open floor plan with a stunning new… Read more.
Great Remodel.  Live-In or Short Term Rental Potential. 
Move right in to this beautifully updated townhome located in a quiet residential neighborhood just a few blocks from downtown Ketchum Featuring an open floor plan with a stunning new… Read more.

Price Reduction

This downtown Hailey home just had a $25k price reduction to $849k. The location and recent remodel are excellent!

Remodeled to the Studs &  Excellent Hailey Location
This incredibly remodeled down to the studs is a true gem in the core of Hailey!Experience sophisticated modern comfort in every corner top to bottom with custom cabinets, LVP flooring…
Remodeled to the Studs &  Excellent Hailey Location
This incredibly remodeled down to the studs is a true gem in the core of Hailey!Experience sophisticated modern comfort in every corner top to bottom with custom cabinets, LVP flooring…

Nordic Ski This Winter!

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

Talk soon,
Kirsten

Kirsten DeHart
Broker/Owner
208-721-4131
Wood River Properties

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