SUN VALLEY July 2022 Real Estate Market Report
SUN VALLEY MLS THROUGH JULY 2022 Entire Market—All Properties in Blaine & Custer Counties Sales
Sold $ Volume
New Listings
Median List Price
July
54 (-50%)*
$52M (-61%)
121 (-35%)
$893K (+2%)
2022 YTD
482 (-38%)**
$584M (-12%)
771 (-16%)
$869K (+17%)
* % Change figures are compared to July 2021 ** % Change figures are compared to the same point in 2021
Residential Homes in Entire Market Sales
Sold $ Volume
New Listings
Median List Price
July
26 (-38%)
$27M (-63%)
43 (-33%)
$1.5M (+8%)
2022 YTD
166 (-22%)
$256M (-24%)
271 (-12%)
$1.1M (+11%)
Condos/Townhomes/Duplexes in Entire Market Sales
Sold $ Volume
New Listings
Median List Price
July
16 (-60%)
$12M (-74%)
43 (-23%)
$865K (+9%)
2022 YTD
145 (-28%)
$170M (-12%)
231 (-9%)
$895K (+31%)
SUN VALLEY MLS THROUGH JULY 2022 Vacant Land in Entire Market Sales
Sold $ Volume
New Listings
Median List Price
July
8 (-58%)
$9.5M (-7%)
28 (-42%)
$338K (-31%)
2022 YTD
103 (-65%)
$77M (-30%)
182 (-28%)
$425K (+8%)
Commercial (Does not include commercial leases) Sales
Sold $ Volume
New Listings
Median List Price
July
1 (-67%)
$1.4M (-40%)
3 (-75%)
$950K (-33%)
2022 YTD
28 (0%)
$28M (+28%)
36 (-35%)
$995K (0%)
Luxury Residential ($2.5M+ List Price Homes, Condos & TH) Sales
Sold $ Volume
New Listings
Median List Price
July
3 (-75%)
$8.8M (-85%)
16 (-11%)
$3.9M (-2%)
2022 YTD
38 (-27%)
$186M (-18%)
120 (+35%)
$4.9M (+23%)
RESORT CORE MARKETS THROUGH JULY 2022 Ketchum Market (includes all property types) Sales
Sold $ Volume
New Listings
Median List Price
July
7 (-56%)
$6.1M (-80%)
22 (+10%)
$1M (+31%)
2022 YTD
70 (-27%)
$140M (-6%)
110 (+7%)
$1.1M (-16%)
Sales
Sold $ Volume
New Listings
Median List Price
July
2 (-85%)
$2.1M (-91%)
8 (-33%)
$1.7M (+58%)
2022 YTD
25 (-48%)
$25M (-54%)
49 (-22%)
$2.1M (+128%)
Warm Springs Market
Sun Valley Village Market Sales
Sold $ Volume
New Listings
Median List Price
July
4 (+100%)
$6.5M (+100%)
1 (-92%)
$1.6M (+9%)
2022 YTD
21 (-46%)
$41M (-43%)
49 (-20%)
$2.5M (+66%)
Sales
Sold $ Volume
New Listings
Median List Price
July
5 (-64%)
$8.9M (-41%)
13 (-48%)
$875K (0%)
2022 YTD
51 (-33%)
$81M (+11%)
83 (-19%)
$1.4M (+75%)
Elkhorn Market
OTHER LOCAL MARKETS THROUGH JULY 2022 North of Ketchum Market (includes all property types) Sales
Sold $ Volume
New Listings
Median List Price
July
0 (-100%)
$0 (-100%)
3 (0%)
$5.2M (+235%)
2022 YTD
5 (-55%)
$41M (-26%)
9 (-44%)
$5.2M (+142%)
South of Ketchum Market Sales
Sold $ Volume
New Listings
Median List Price
July
7 (-42%)
$11M (-47%)
12 (-48%)
$2M (+47%)
2022 YTD
38 (-54%)
$55M (-49%)
51 (-32%)
$2M (+41%)
Sales
Sold $ Volume
New Listings
Median List Price
July
17 (-41%)
$12M (-35%)
29 (-24%)
$840K (+12%)
2022 YTD
156 (-24%)
$112M (+6%)
210 (-11%)
$595K (+1%)
Hailey Market
Bellevue & Beyond Market (Carey, Magic, Gannett, Picabo) Sales
Sold $ Volume
New Listings
Median List Price
July
8 (-27%)
$3.6M (-22%)
10 (-72%)
$465K (-25%)
2022 YTD
70 (-55%)
$64M (+11%)
97 (-36%)
$512K (+3%)
Custer County (Stanley, Challis, Mackay, Sawtooth City) Sales
Sold $ Volume
New Listings
Median List Price
July
0 (-100%)
$0 (-100%)
3 (-67%)
$1.8MK (+152%)
2022 YTD
6 (+20%)
$1.4M (-5%)
23 (-8%)
$975K (+105%)
AVAILABLE INVENTORY AS OF AUGUST 1 (NOT UNDER CONTRACT) Area Market
Homes
Condos/TH/Etc
Vacant Land
North of Ketchum
9
N/A
2
Avg List Price
$8,263,000
N/A
$1,822,500
Ketchum
8
28
2
Avg List Price
$5,464,250
$2,828,217
$2,386,500
Warm Springs
8
9
7
Avg List Price
$4,347,500
$1,802,777
$2,256,428
Sun Valley
7
11
1
Avg List Price
$6,712,857
$1,278,627
$4,995,000
Elkhorn
8
15
4
Avg List Price
$4,495,625
$1,209,866
$1,355,000
South of Ketchum
27
N/A
25
Avg List Price
$6,509,370
N/A
$2,119,420
Hailey
22
14
24
Avg List Price
$1,389,250
$596,814
$646,708
Bellevue & South
15
N/A
28
Avg List Price
$1,061,200
N/A
$785,196
Custer County
8
N/A
6
Avg List Price
$3,391,750
N/A
$1,910,000
TOTALS*
126
77
100
Avg List Price
$4,056,821
$1,776,018
$1,230,523
* 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
265 S Golden Eagle $10,564,000
190 Valleywood Dr, Ketchum $595,000
108 River Run Dr, Warm Springs $3,500,000
270 Northwood Way, Ketchum $1,295,000
2614 Ridge Lane, Elkhorn $740,000
291 W Sun Valley Rd, Ketchum $995,000
8 Crown Ranch, Elkhorn $4,950,000
View All Sun Valley Area Properties
229 A Parkside, Ketchum $669,000
201 Equus Loop, Bellevue $1,495,000
25 Glendale Rd, Bellevue $1,250,000
171 Valleywood Dr, Ketchum $1,995,000
AUGUST CALENDAR OF SUN VALLEY EVENTS 1-18 2, 9, 16 4, 11 3, 10, 17 3, 17 5 6 6 10 11 11 12-14 17-20 18 19-21 19-27 19 20 26-27 31
SV Summer Music Festival | SV Pavilion (SV) Ketch’em Alive (music) | Forest Service Park (K) Hailey Alive (music) | Hop Porter Park (H) Exploring Hemingway’s SV (seminar) | CommLib (K) River Run Summer Series | River Run (K) SV Gallery Association Gallery Walk | Ketchum Forks N’ Spurs (Food Festival) | River Sage (B) Sun Valley on Ice with Knierim & Frazier | SV Indigenous Enterprise | The Argyros (K) The Record Company (music) | River Run (K) Skerryvore (music) | The Argyros (K) Sun Valley Arts & Crafts Festival | Atkinson Park (K) Killebrew-Thompson Memorial Golf | Sun Valley Walk & Wine | Sawtooth Botanical Garden Artists’ Studio Tour of the Wood River Valley Shakespeare in the Park | Forest Service Park (K) Paco Versailles (music) | The Argyros (K) Concert for a Cure | SV Pavilion (SV) NatGeo Speaker Series | The Argyros (K) Rebecca’s Private Idaho (cycling) | Various
Don’t forget about Farmers’ Markets, Ketch’em Alive, Jazz in the Park, Hailey Alive, Yoga, Wagon Rides, and so much more!
208.726.3411 info@bhhssunvalley.com www.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 August 1, 2022.