Sun Valley Round Up
First Snow! I’m writing this as I watch the snow and wind blow the yellow leaves off the trees. I guess summer is officially over. Looks like it is time to tune up the skis, pull out the parkas, and make some soup!
The market is cooling just like the weather as pending sales are down 37% this week. Interest rates are just over 7% and many buyers are hitting pause. Cash buyers have increased leverage and buying power now.
New on the Market
We are seeing price reductions for single family homes in Hailey. These reductions are currently around 10%.
Wow!
The two homes below pended sale this week. In my opinion, they are both tear down homes and are pending sale for their land value! The high end of our market continues to show strength.
The Sun Valley home below is located above Fairway Rd with Baldy and golf course views.
The Ketchum home boasts Big Wood Riverfront and is located in West Ketchum.
Both locations offer tremendous appeal.
Latest Blog Posts
With markets stabilizing home sellers should consider improvements to attract buyers and obtain top dollar for their homes. Below is my recent blog with the 5 Best Improvements to Sell Your Home.
 woodriverproperties.com Present Your Home to Sell in Sun Valley, Idaho Real Estate markets are in a constant state of change and this Fall of 2022 the markets are stabilizing. Sellers must… Read more. 25 Oct 2022 |
Talk soon,
Kirsten
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