SUN VALLEY
Real Estate Market Report
January 2023
SUN VALLEY MLS THROUGH JANUARY 2023
Entire Market All Properties in Blaine & Custer Counties
Residential Homes in Entire Market Condos/Townhomes/Duplexes in
Market Sales Sold $ Volume New Listings Median List Price January 23 (-69%)* $35M (-55%) 44 (-24%) $872,000(+6%) 2023 YTD 23 (-69%)** $35M (-55%) 44 (-24%) $872,000(+6%)
2022
2022 Sales Sold $ Volume New Listings Median List Price January 7 (-68%) $20M (-11%) 15 (+7%) $1.25M (+31%) 2023 YTD 7 (-68%) $20M (-11%) 15 (+7%) $1.25M (+31%) Sales Sold $ Volume New Listings Median List Price January 14 (-42%) $15M (-39%) 16 (-16%) $803,000 (-10%) 2023 YTD 14 (-42%) $15M (-39%) 16 (-16%) $803,000 (-10%)
Entire
* % Change figures are compared to January
** % Change figures are compared to the same point in
SUN VALLEY MLS THROUGH JANUARY 2023
Vacant Land in Entire Market
Commercial (Does not include commercial leases)
Residential ($3M+ List Price Homes, Condos & TH) Sales Sold $ Volume New Listings Median List Price January 2 (-86%) $880,000 (-92%) 9 (-50%) $575,000 (+54%) 2023 YTD 2 (-86%) $880,000 (-92%) 9 (-50%) $575,000 (+54%) Sales Sold $ Volume New Listings Median List Price January 1 (-89%) $296,000 (-96%) 3 (-40%) $2.9M (+76%) 2023 YTD 1 (-89%) $296,000 (-96%) 3 (-40%) $2.9M (+76%) Sales Sold $ Volume New Listings Median List Price January 2 (0%) $16M (+87%) 6 (+20%) $3.7M (-17%) 2023 YTD 2 (0%) $16M (+87%) 6 (+20%) $3.7M (-17%)
Luxury
RESORT CORE MARKETS THROUGH JANUARY 2023
Ketchum Market (includes all property types)
Warm Springs Market
Sun Valley
Market
Village
Elkhorn Market
Sales Sold $ Volume New Listings Median List Price January 3 (-81%) $3.2M (-86%) 6 (-25%) $1.9M (+80%) 2023 YTD 3 (-81%) $3.2M (-86%) 6 (-25%) $1.9M (+80%) Sales Sold $ Volume New Listings Median List Price January 3 (-57%) $11.4M (+71%) 2 (-67%) $637,000 (-75%) 2023 YTD 3 (-57%) $11.4M (+71%) 2 (-67%) $637,000 (-75%) Sales Sold $ Volume New Listings Median List Price January 0 (-100%) $0 (-100%) 2 (-50%) $5.3M (+212%) 2023 YTD January 0 (-100%) $0 (-100%) 2 (-50%) Sales Sold $ Volume New Listings Median List Price January 5 (-29%) $5.9M (+21%) 7 (+75%) $699,000 (-25%) 2023 YTD 5 (-29%) $5.9M (+21%) 7 (+75%) $699,000 (-25%)
OTHER LOCAL MARKETS THROUGH JANUARY 2023
North of Ketchum Market (includes all property types)
South of Ketchum Market
Hailey Market
Bellevue & Beyond Market (includes Carey , Magic,
Sales Sold $ Volume New Listings Median List Price January 1 (+100%) $7.8M (+100%) 1 (+100%) $3.5M (+100%) 2023 YTD 1 (+100%) $7.8M (+100%) 1 (+100%) $3.5M (+100%) Sales Sold $ Volume New Listings Median List Price January 1 (-67%) $450,000 (-88%) 7 (+133%) $2.8M (+200%) 2023 YTD 1 (-67%) $450,000 (-88%) 7 (+133%) $2.8M (+200%)
Gannett, Picabo)
Sales Sold $ Volume New Listi1ngs Median List Price January 6 (-70%) $4.1M (-75%) 9 (-61%) $895,000 (+63%) 2023 YTD 6 (-70%) $4.1M (-75%) 9 (-61%) $895,000 (+63%) Sales Sold $ Volume New Listings Median List Price January 3 (-73%) $2.2M (-65%) 2 (-60%) $616,000 (+50%) 2023 YTD 3 (-73%) $2.2M (-65%) 2 (-60%) $616,000 (+50%) Sales Sold $ Volume New Listings Median List Price January 0 (0%) $0 (0%) 1 (0%) $895,000 (-8%) 2023 YTD 0 (0%) $0 (0%) 1 (0%) $895,000 (-8%)
Custer County (Stanley, Challis, Mackay, Sawtooth City)
AVAILABLE INVENTORY AS OF FEBRUARY 1
(PROPERTIES NOT UNDER CONTRACT)
* 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.
Area Market Homes Condos/TH/Etc Vacant Land North of Ketchum 8 N/A 0 Avg List Price $7.5M N/A $0 Ketchum/Warm Springs 17 28 6 Avg List Price $5.45M $3.3M $2.0M Sun Valley/Elkhorn 9 18 5 Avg List Price $3.9M $1.1M $1.3M South of Ketchum 15 N/A 23 Avg List Price $7.5M N/A $2.4M Hailey 17 2 19 Avg List Price $1.9M $379,000 $587,000 Bellevue & South 11 N/A 20 Avg List Price $1.1M N/A $766,000 Custer County 5 N/A 6 Avg List Price $2.9M N/A $2.0M TOTALS* 96 51 113 Avg List Price $4.5M $2.2M $1.2M
SELECTED LISTINGS FROM OUR INVENTORY
151 S Main St #409, Ketchum $6,700,000
125 Howard #1, Warm Springs $1,575,000
190 Valleywood, Ketchum $565,000
321 S Leadville #K-105. Ketchum $2.695,000
511 N Canyon Run, Wrm Sprgs $7,795,000
View All Sun Valley Area Properties
108 River Run, Warm Springs $3,500,000
125 Aspen Lakes Dr, N of Hailey $2,775,000
460 N Main St, Ketchum (4 units) $5,950,000 to $7,150,000
780 N 4th Ave, Ketchum (2 units) $5,495,000 & $5,295,000
3682 Upper Ranch, Elkhorn $629,000
106 Blue Grouse, Elkhorn $4,950,000
FEBRUARY CALENDAR OF SUN VALLEY EVENTS 208.726.3411 info@bhhssunvalley.com www.bhhssunvalley.com © 2023 BHH Affiliates,
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 December 1, 2022. 3 -5 Cabaret | The Spot (K) 4 50th Zions Bank Boulder Mountain Tour (Nordic) 4 Alvin Ailey (Dance) | The Argyros (K) 5 Brava Piano Duo | St Thomas Episcopal Church (K) 5-7 Banff Centre Mountain Film Festival | The Argyros (K) 9, 16... SV Culinary Institute Tours | Every Thursday (K) 10 Quigley Squiggly Fat Bike Event | Hailey 10 Friesen+Lantz Gallery 1st Anniversary Celebration (K) 10 -11 SV Suns (Hockey) | Campion Ice House (H) 10 Lewis Black (Comedy) | The Argyros (K) 11 BCRD Ski the Rails 11 Philip Glass Ensemble (Class. Music) | The Argyros (K) 12 Papoose Club Nordic Cup | Quigley or SV (TBD) 14 -18 I Take Your Hand in Mine (Play) | The Mint (H) 16 Sammy Miller & the Congregation (Music) | The Argyros 17 SV Gallery Walk | Ketchum Art Galleries 17 -18 Skijoring | Browning Lane (Bellevue) 18 Share Your Heart Ball (Fundraiser) | SV Inn (SV) 24 -25 SV Suns (Hockey) | Campion Ice House (H) 25 BCRD Ski Free Today | Valley -wide
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