Market of the Summer: Sun Valley Condos

Condominiums in the Sun Valley and Elkhorn areas have been experiencing quite the moment this summer. These properties typically offer many amenities within their grounds such as pools, hot tubs, or tennis courts, while also providing easy access to all the benefits of Sun Valley Resort and downtown Ketchum.

In the last 45 days, Young Group has had two listings within the Snow Creek development. Both went under contract within a matter of days with multiple offers. We are noticing more out of town buyers, specifically from Salt Lake City, looking for a second home. The economy is definitely on the upswing in Sun Valley real estate, so if you have been considering a condo in Sun Valley or Elkhorn don’t wait any longer.

The following statistics take a look at June-August in 2018 compared to the same months in 2017.

• Elkhorn condo properties sold is up 100%
• Elkhorn condo sold volume is up 80%
• Sun Valley condo average sale prices is up 51%
• Sun Valley sold volume is up 126%

From easy maintenance to convenient locations, condos can provide many benefits. Plus with the ability to lease on a short-term basis, they can be the perfect option to blend a second home with an investment property.

Give us a call today to discuss your condo options in Sun Valley and surrounding areas.