VALLEYSUN Real MarketEstateReportAugust2022
SUN VALLEY MLS THROUGH AUGUST 2022 Entire Market —All Properties in Blaine & Custer Counties Residential Homes in Entire Condos/Townhomes/DuplexesMarketin Entire Market Sales Sold $ Volume New Listings Median List Price August 59 ( 49%)* $60M ( 55%) 124 ( 17%) $410K ( 42%) 2022 YTD 530 ( 41%)** $617M ( 26%) 886 ( 15%) $799K (+15%) * % Change figures are compared to August 2021 ** % Change figures are compared to the same point in 2021 Sales Sold $ Volume New Listings Median List Price August 22 ( 45%) $28M ( 57%) 45 ( 20%) $1.3M (+26%) 2022 YTD 189 ( 26%) $285M ( 29%) 319 ( 13%) $1.1M (+11%) Sales Sold $ Volume New Listings Median List Price August 18 ( 60%) $17M ( 64%) 46 ( 4%) $725K ( 27%) 2022 YTD 163 ( 34%) $187M ( 23%) 278 ( 8%) $872K (+28%)
SUN VALLEY MLS THROUGH AUGUST 2022 Vacant Land in Entire Market Commercial (Does not include commercial leases) Luxury Residential ($2.5M+ List Price Homes, Condos & TH) Sales Sold $ Volume New Listings Median List Price August 14 ( 44%) $14M ( 15%) 25 ( 29%) $390K (+26%) 2022 YTD 118 ( 64%) $92M ( 28%) 207 ( 29%) $425K (+8%) Sales Sold $ Volume New Listings Median List Price August 5 ( 17%) $3.6M (+11%) 7 ( 36%) $550K ( 5%) 2022 YTD 33 ( 3%) $31M (+26%) 43 ( 36%) $975K (+1%) Sales Sold $ Volume New Listings Median List Price August 4 ( 64%) $16M ( 65%) 14 ( 26%) $3.9M (+10%) 2022 YTD 42 ( 33%) $202M ( 26%) 133 (+23%) $4.8M (+20%)
Ketchum Market (includes all property types) Warm Springs Market Sun Valley Village Market Elkhorn Market RESORT CORE MARKETS THROUGH AUGUST 2022 Sales Sold $ Volume New Listings Median List Price August 6 ( 74%) $5.7M ( 81%) 18 ( 22%) $948K ( 41%) 2022 YTD 76 ( 37%) $146M ( 19%) 128 (+2%) $1.1M ( 16%) Sales Sold $ Volume New Listings Median List Price August 2 ( 84%) $7.6M ( 58%) 12 ( 20%) $1.1M ( 22%) 2022 YTD 27 ( 55%) $33M ( 55%) 62 ( 21%) $2M (+114%) Sales Sold $ Volume New Listings Median List Price August 10 (+11%) $16M (+13%) 10 ( 9%) $1.4M ( 8%) 2022 YTD 31 ( 35%) $57M ( 34%) 57 ( 21%) $2M (+30%) Sales Sold $ Volume New Listings Median List Price August 6 ( 46%) $10M ( 22%) 8 ( 43%) $1.1M (+29%) 2022 YTD 57 ( 35%) $91M (+5%) 94 ( 20%) $1.3M (+62%)
North of Ketchum Market (includes all property types) South of Ketchum Market OTHER LOCAL MARKETS THROUGH AUGUST 2022 Sales Sold $ Volume New Listings Median List Price August 0 ( 100%) $0 ( 100%) 2 (+100%) $4.2M (+100%) 2022 YTD 5 ( 62%) $41M ( 33%) 11 ( 35%) $5.2M (+142%) Sales Sold $ Volume New Listings Median List Price August 3 ( 75%) $5.1M ( 78%) 12 (0%) $1.4M ( 18%) 2022 YTD 41 ( 56%) $60M ( 54%) 77 ( 29%) $1.9M (+31%) Hailey BellevueMarket&Beyond Market (Carey, Magic, Gannett, Picabo) Custer County (Stanley, Challis, Mackay, Sawtooth City) Sales Sold $ Volume New Listings Median List Price August 15 ( 58%) $11M ( 49%) 24 ( 29%) $605K (+1%) 2022 YTD 171 ( 29%) $123M ( 4%) 234 ( 14%) $595K (+1%) Sales Sold $ Volume New Listings Median List Price August 9 ( 18%) $4.6M ( 39%) 23 ( 12%) $585K ( 4%) 2022 YTD 80 ( 53%) $69M (+5%) 120 ( 33%) $569K (+15%) Sales Sold $ Volume New Listings Median List Price August 2 (+100%) $1.1 ( 24%) 5 ( 29%) $975K (+457%) 2022 YTD 11 ( 21%) $4.3M ( 66%) 29 ( 12%) $975K (+105%)
AVAILABLE INVENTORY AS OF SEPTEMBER 1 (NOT UNDER CONTRACT) Area Market Homes Condos/TH/Etc Vacant Land North of Ketchum 7 N/A 3 Avg List Price $7,740,714 N/A $1,613,333 Ketchum 8 34 2 Avg List Price $5,326,250 $2,524,032 $2,186,500 Warm Springs 13 13 7 Avg List Price $4,170,307 $1,343,284 $2,227,857 Sun Valley 3 8 1 Avg List Price $4,298,333 $1,364,987 $4,995,000 Elkhorn 8 20 6 Avg List Price $4,283,375 $1,191,900 $1,361,666 South of Ketchum 32 N/A 29 Avg List Price $5,559,468 N/A $1,874,724 Hailey 23 11 28 Avg List Price $1,478,517 $553,818 $570,303 Bellevue & South 18 N/A 27 Avg List Price $990,333 N/A $796,111 Custer County 10 N/A 7 Avg List Price $2,977,300 N/A $1,675,000 TOTALS* 139 90 148 Avg List Price $3,527,149 $1,632,384 $1,115,321 * Numbers and totals do not account for duplicate listings shared by multiple agents or listings that are outside our area but represented in our MLS (listings in Twin Falls, Buhl, Gooding, and beyond); assume a 5% margin of error for the totals.
SELECTED LISTINGS FROM OUR INVENTORY 151 S Main St #409, Ketchum $6,700,000 75 S Club View Dr, Valley Club $6,950,000 201 Equus Loop, Bellevue 8$1,495,000CrownRanch, Elkhorn $4,444,000 108 River Run Dr, Warm Springs $3,500,000 291 W Sun Valley Rd, KetchumView$899,000AllSun Valley Area Properties 400 Huffman Dr Warm Springs$7,499,000RanchCondo 3516, Elkhorn $718,000 190 Valleywood Dr, Ketchum $565,000 265 S Golden Eagle 125$10,564,000Howard Dr #1, Warm Springs $1,675,000
SEPTEMBER CALENDAR OF SUN VALLEY EVENTS info@bhhssunvalley.com208.726.3411www.bhhssunvalley.com © 2022 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Information is deemed to be reliable but is not guaranteed. All figures sourced from the Sun Valley MLS September 1, 2022. 31-4 Rebecca’s Private Idaho | Various locations 1 Little Shop of Horrors (film on the lawn) | SV Pavilion 2-4 Wagon Days | Various Locations 2 SV Gallery Association Gallery Walk | (K) 2 SV on Ice with Alysa Liu | Sun Valley Ice Rink 3 & 4 Papoose Club’s Pancake Breakfast | Town Square (K) 3 & 4 Silver Car Auction | SV Pavilion 3 Big Hitch Parade (1:00) | SV Road & Main St (K) 4 Marshall Tucker Band | SV Pavilion 5 Bellevue Annual Labor Day Parade at 12:00 | Bellevue 10 4th of July Lake Hike (Stanley Basin) | H Park & Ride 10 5th Annual Firefighters Chili Cook off | Main St Hailey 16 17 Oktoberfest | Festival Meadows (SV) 17 Big Wood River Clean Up | Various locations 17 Crater Crawl (run) | Craters of the Moon 18 Boulder Mtn Bike Tour/Galena Closing Day 23 25 Mountain Humane 50th Anniversary | Various locations 23 Tom Russell (Americana music) | The Argyros (K) 24 44th Annual Baldy Hill Climb | Warm Springs Base 1 (Oct) Legends Never Die Half/Full Marathon | N of Ketchum