 Katherine Rixon | Happy Friday! Is anyone having a hard time with re-entry? Anyone just need a hug? I went on a hike the other morning with a girlfriend and have to admit that halfway thru I burst into tears. She stopped, turned and gave me a great big hug. Sure, I've hugged my husband and kids these past few months but man did that hug feel good. Coming back to our new normal has been harder than I expected. Figuring out everyone's various levels of comfort surrounding social-distancing, safety protocols and how/where/when to go out is tricky and mentally exhausting. Predicting the market and navigating people's fears surrounding their homes, their careers, where to live, how and where to put their kids in school next year and what is going to happen with the economy is also trying. None of us have been through a global pandemic and this lack of certainty and control promotes stress and anxiety. In the past I've been able to juggle what seems like a million balls. And through the pandemic I have had a business coach, a supportive husband, friends and family I can talk to and have even taken a course on how to coach others on grit and resilience. I am one of the lucky ones. I also recognize very clearly the signs of stress. I can't seem to juggle very well right now. And when I look inward, other signs are glaring back at me. I can only imagine how many of you are in the same boat and how hard things must be for those who aren't as lucky as I am. Just thinking about that makes me sad. I am trying to remember to slow down, take life one step at time and just breathe... We are all craving stability and social connection as we come back into the world. Figuring out how to navigate it is the tricky part. The New York Times published an article yesterday on How to Hug During a Pandemic. Perhaps that is where we start? |  Rob Cronin | For those of you who feel safe knowing the data, here are the local real estate statistics for the past month: May, 2020
164 New Listings
101 Properties went under contract
45 Price Reductions
38 Sales Of the Sales;
Low: $32,000 (lot in West Magic)
High: $4,250,000 (home in Lake Creek)
Average Days on Market: 216
Median Sales Price: $330,000
10 Properties sold over $1 million Compared to 2019:
Active Listings: Down 12%
New Listings: Down 42%
Number of Properties Under Contract: Down 10%
Number of Properties Sold: Down 46%
Volume Sold: Down 19% Year to Date, Compared to 2019
Active Listings: Down 15%
Number of Properties Under Contract: Down 21%
Number of Properties Sold: Down 22%
Volume Sold: Down 1%
Average Sales Price: Up 27% What's interesting to note is that while both the number of properties under contract and the number sold is down more than 20%, overall closed volume for the year is almost exactly where we were at this time last year. This combined with the increase in average sales price indicates that more expensive homes sold -- mostly at the beginning of the year. Then, while the market came to a standstill during the lockdown, very few transactions came together. Now that the doors have re-opened and people are getting out and about again, activity has started to pick up. |  Shannon Brandenburg, Marketing Director | Rob held a meeting with local business owners earlier this week and was encouraged to hear that many restaurants and retail stores recorded record highs in the month of May. The Valley Club and Sun Valley golf courses also had a record-breaking month. Flight and hotel reservations are picking up and as people go back to work the unemployment rate has dropped. So on the good news front, our local economy is kicking back into gear. Now we just need to figure out how to hug again. XOXO
Katherine Katherine Rixon & Rob Cronin #1 in Sun Valley, based on volume sold
Keller Williams #1 Ranked Team 5% of our commissions are donated to local non-profit organizations VIEW OUR STANDARDS Keller Williams Sun Valley | Southern Idaho
office: 208-622-7722
cell: 208-720-4958 |  PRICE REDUCED: 405 Clubhouse, Ketchum, $2,795,000 |  401 Mesquite, Hulen Meadows, $5,395,000 |  NEW: 322 Sweetbrier, Heatherlands, $3,200,000 | | |  White Clouds Lot 2, Sun Valley, $1,550,000 |  101 Grove Creek, East Fork, $2,195,000 |  130 Airport Circle, Hailey, $1,400,000 | | |  781 N 4th, Ketchum, $1,500,000 (off-market sale) |  White Clouds, Lot 5, $1,700,000 |  29 Lake Creek, Ketchum, $4,125,000 | | | Katherine Rixon is the quintessential real estate professional. That says it all. Straightforward and transparent, she and her partner Rob Cronin offer two distinct, yet complementary perspectives on buying and/or selling your home. Good listeners both, and always available. I felt genuine care for the emotional pangs I experienced when selling my beautiful home. As a professional team, each tackles different contingencies on the nuts and bolts list prior to closing -- according to some magic in their respective personalities. For every question I had, I instinctively knew whether to call Katherine or Rob for the answer. At the same time, any question or concern I had could be addressed by either of them.
So, look no further; lots of bang for your buck here. Highest recommendation!
Mary | |
