The Upward Momentum Continues...

Our first quarter results are in! Sun Valley Sotheby’s International Realty has sold 30% more properties this past quarter than for the same quarter last year. The first quarter median sales price of all sales in our local MLS dropped 34% over last year, evidencing the impact of foreclosures and short sales on market values. YTD, Sun Valley Sotheby’s International Realty continues to hold the number one spot in our local market with a 28% share of the entire market volume – more than double that of our nearest competitor.

Is it time to buy? Absolutely. Several market sectors in our area have actually started to increase in value. Multiple offers on well priced properties are common. Website and other internet views have been consistently above 20,000 views per month, and now we’re seeing many of those views turn into email inquiries. 

Is it time to sell? Our active listings are down 10% from the same time last year. Depending on your market sector, it may be an excellent time to sell. When we see multiple offers on properties, it’s a sure sign that the pendulum is swinging back to a more balanced market. Sellers who have priced their properties well are having successful sales.

Buyers are starting to buy, sellers are ready to sell, and the team at Sun Valley Sotheby’s International Realty is here to help guide you through the process of buying or selling your next home in our beautiful valley.

*Statistics provided by Sun Valley Board of Realtors, 4/6/2012


Here are a few of our "Spring Best Buy's" submitted by the agents in the Sun Valley Sotheby's International Realty office.


$1,095,000  |  207 East Canyon Run Blvd.  |  Warm Springs

A lot of house for the money! Five bedrooms plus a den and six and one-half baths on a large lot in a high end Warm Springs neighborhood. Home and yard are impeccable and low maintenance. Lots of extras including three fireplaces, his and hers master baths, double vanities in most baths, large jacuzzi, dog kennel, and central vac. Enjoy the huge deck this summer.  http://bit.ly/Hnd9bZ

$774,000  |  109 Spruce Way  |  Mid-Valley

Extensively remodeled in 2006, including a brand new grand kitchen with silestone countertops, upscale appliances and farmhouse sink. Also, new hardwood floors, New Zealand wool carpet and gas fireplace. This is a must see home. Perfect condition. Lots of room to spread out, and geared to bring the outdoors in. http://bit.ly/Iasm4q

$525,000  |  16 Creekside Terrace North  |  Elkhorn

Now is the time to buy in Elkhorn Springs. This brand new condo and has a patio, underground parking, fabulous amenities and beautiful finishes. All heat and AC is included with your monthly HOA dues (amongst many other things). Come and visit this terrific unit to see what everyone is talking about. 

$159,000  |  1050 Snowflake  |  Hailey

Stunning landscaping and private, large lot make this Woodside home stand out from the rest. Well maintained home with two-car garage, huge redwood deck with hot tub, koi pond with water feature, and gorgeous, mature, landscaped yard. You have to see this to believe it! This is not a short sale or bank owned. http://bit.ly/HXqW9P