SUN VALLEY REAL ESTATE MARKET REPORT JANUARY 2022
SUN VALLEY MLS THROUGH JANUARY 2022 Entire Market—All Properties in Blaine & Custer Counties Sales
Sold $ Volume
New Listings
Median List Price
January
74 (-18%)*
$78M (-20%)
55 (-42%)
$695,000 (-7%)
2022 YTD
74 (-18%)**
$78M (-20%)
55 (-42%)
$695,000 (-7%)
Residential Homes
* % Change figures are compared to January 2021 ** % Change figures are compared to the same point in 2021
Sales
Sold $ Volume
New Listings
Median List Price
January
22 (-29%)
$23M (-63%)
13 (-57%)
$780,000 (-21%)
2022 YTD
22 (-29%)
$23M (-63%)
13 (-57%)
$780,000 (-21%)
Sales
Sold $ Volume
New Listings
Median List Price
January
24 (+20%)
$25M (+46%)
18 (-5%)
$937,000 (+38%)
2022 YTD
24 (+20%)
$25M (+46%)
18 (-5%)
$937,000 (+38%)
Condos/Townhomes
SUN VALLEY MLS THROUGH JANUARY 2022 Vacant Land Sales
Sold $ Volume
New Listings
Median List Price
January
13 (-60%)
$10.5M (-24%)
17 (-55%)
$350,000 (-11%)
2022 YTD
13 (-60%)
$10.5M (-24%)
17 (-55%)
$350,000 (-11%)
Commercial (Does not include commercial leases) Sales
Sold $ Volume
New Listings
Median List Price
January
9 (+200%)
$7.9M (+474%)
5 (0%)
$1.95M (+96%)
2022 YTD
9 (+200%)
$7.9M (+474%)
5 (0%)
$1.95M (+96%)
Luxury Residential ($2.5M+ Sale/List Price Homes, Condos & TH) Sales
Sold $ Volume
New Listings
Median List Price
January
3 (-57%)
$11M (-75%)
4 (-60%)
$4.5M (+14%)
2022 YTD
3 (-57%)
$11M (-75%)
4 (-60%)
$4.5M (+14%)
ONE THING TO KNOW
• After just one month there’s not a lot of data to report, so this report is truncated to give an overall snapshot, and not looking at every single market. If you want those numbers, just give a call!
ONE NUMBER THAT JUMPS OUT
• 55 new listings for the month is the lowest number the Sun Valley real estate market has ever seen (“beating” December 2021 by one listing). Inventory will certainly be the story for the next few months!
Current Available Inventory (Not Under Contract) Number
Listing $ Volume
Median List Price
Residential Listings $2.5M and higher
42
$267M
$5.0M
Residential Listings $1M to $2.499M
13
$20M
$1.5M
Residential Listings $999,999 and below
29
$17M
$525,000
Vacant Land
96
$119M
$429,000
Pending Activity in January
(Compared to pending activity in January 2021) Number
Pending $ Volume
Median List Price
Residential Homes
28 (-13%)
$51M (-23%)
$908,000 (-37%)
Condos/Townhomes
27(+17%)
$30M (+36%)
$895,000 (+58%)
Vacant Land
11 (-73%)
$7.8M (56-%)
$410,000 (+72%)
Highest Residential Sale in January (List Price).........$4,995,000 Highest Vacant Land Sale in January (List Price).....$2,500,000
Selected Listings from Our Brokerage’s Inventory
17 Quigley Dr, Hailey
221 S River St, Hailey
Buster Back Ranch, Sawtooths
13404 Hwy 75, N of Ketchum
146 Barlow Rd, N of Ketchum
151 S Main St #409, Ketchum
460 N Main St, Ketchum
16 Rodeo Dr, Hailey
102 Nez Perce, Indian Creek
106 N Hiawatha, Hailey
3574 Ranch Condo, Elkhorn
View all BHHS Properties
Information is deemed to be reliable but is not guaranteed. All figures sourced from the Sun Valley MLS February 1, 2022. © 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.
FEBRUARY CALENDAR OF SUN VALLEY EVENTS 1-6 1 2 2 4-6 6-13 9 10 11 & 12 12 14 15 & 16 16 & 17 17-26 18 & 19 18 18 & 19 19 24-26 24
Boulder Mountain Festival | SNRA (North of K) New Moon Dinner | Sawtooth Botanical Garden (K) Fly Fishing Film Tour | SV Opera House (SV) An Evening with John Maclean | Comm Library (K) Banff Mountain Film Fest | Argyros (K) Hailey Snow Carving | Town Square (H) Take3 (music) | The Argyros (K) Jonah & Mary Hoskins (opera) | The Argyros (K) SV Suns Hockey | Campion Ice Center (H) Wynton Marsalis (sold out) | The Argyros (K) Valentine’s Day!!! Int’l Guitar Night | The Argyros (K) Full Moon Dinner | Galena Lodge (North of K) Pass Over (theater) | The Spot (K) Stanley Winterfest | Stanley Gallery Walk | Ketchum Art Galleries SV Suns Hockey | Campion Ice Center (H) Extreme Skijouring | 81 Browning Lane (B) SV Winter Music Festival | The Argyros (K) The Band of Heathens & Nicki Bluhm | The Mint (H)
A BETTER REAL ESTATE EXPERIENCE. 208.726.3411 | info@bhhssunvalley.com | www.bhhssunvalley.com