Real Estate Market Report for Sun Valley, June 2022

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SUN VALLEY June 2022 Real Estate Market Report


SUN VALLEY MLS THROUGH JUNE 2022 Entire Market—All Properties in Blaine & Custer Counties Sales

Sold $ Volume

New Listings

Median List Price

June

64 (-50%)*

$53M (-52%)

169 (-8%)

$1M (+8%)

2022 YTD

421 (-39%)**

$528M (-12%)

640 (-14%)

$865K (+17%)

* % Change figures are compared to June 2021 ** % Change figures are compared to the same point in 2021

Residential Homes in Entire Market Sales

Sold $ Volume

New Listings

Median List Price

June

25 (-34%)

$22M (-55%)

72 (+8%)

$1.25M (-17%)

2022 YTD

137 (-22%)

$226M (-17%)

226 (-9%)

$1.05M (+6%)

Condos/Townhomes/Duplexes in Entire Market Sales

Sold $ Volume

New Listings

Median List Price

June

16 (-58%)

$17M (-47%)

44 (+13%)

$812K (+36%)

2022 YTD

127 (-22%)

$157M (+5%)

185 (-8%)

$895K (+31%)


SUN VALLEY MLS THROUGH JUNE 2022 Vacant Land in Entire Market Sales

Sold $ Volume

New Listings

Median List Price

June

13 (-68%)

$6.7M (-66%)

35 (-34%)

$885K (+81%)

2022 YTD

95 (-66%)

$67M (-34%)

152 (-26%)

$450K (+14%)

Commercial (Does not include commercial leases) Sales

Sold $ Volume

New Listings

Median List Price

June

4 (-20%)

$2.7M (-43%)

7 (-56%)

$995K (+5%)

2022 YTD

27 (+8%)

$26M (+36%)

32 (-26%)

$995K (0%)

Luxury Residential ($2.5M+ List Price Homes, Condos & TH) Sales

Sold $ Volume

New Listings

Median List Price

June

2 (-78%)

$6.1M (-80%)

34 (+55%)

$4.7M (-4%)

2022 YTD

35 (-17%)

$177M (+1%)

103 (+47%)

$5M (+25%)


RESORT CORE MARKETS THROUGH JUNE 2022 Ketchum Market (includes all property types) Sales

Sold $ Volume

New Listings

Median List Price

June

7 (-30%)

$9.1M (-34%)

25 (+14%)

$1M (-30%)

2022 YTD

63 (-22%)

$134M (+14%)

86 (+1%)

$1.1M (-15%)

Sales

Sold $ Volume

New Listings

Median List Price

June

2 (-71%)

$1.6M (-74%)

19 (+73%)

$2.9M (+94%)

2022 YTD

22 (-41%)

$22M (-38%)

41 (-16%)

$2.2M (+136%)

Warm Springs Market

Sun Valley Village Market Sales

Sold $ Volume

New Listings

Median List Price

June

4 (-33%)

$4.9M (-62%)

11 (-27%)

$2.5M (+56%)

2022 YTD

17 (-56%)

$35M (-52%)

47 (-2%)

$3.5M (+133%)

Sales

Sold $ Volume

New Listings

Median List Price

June

2 (-90%)

$1.8M (-90%)

17 (+21%)

$1.5M (+143%)

2022 YTD

46 (-26%)

$72M (+25%)

70 (-13%)

$1.5M (+88%)

Elkhorn Market


OTHER MARKETS THROUGH JUNE 2022 North of Ketchum Market (includes all property types) Sales

Sold $ Volume

New Listings

Median List Price

June

0 (-100%)

$0 (-100%)

2 (-75%)

$4.8M (+75%)

2022 YTD

5 (-44%)

$41M (-2%)

6 (-57%)

$4.5M (+108%)

South of Ketchum Market Sales

Sold $ Volume

New Listings

Median List Price

June

4 (-56%)

$4M (-71%)

13 (-28%)

$2.5M (+45%)

2022 YTD

29 (-60%)

$42M (-53%)

51 (-32%)

$1.8M (+22%)

Sales

Sold $ Volume

New Listings

Median List Price

June

23 (-34%)

$17M (-25%)

43 (-14%)

$750K (+8%)

2022 YTD

135 (-24%)

$98M (+12%)

179 (-10%)

$575K (-3%)

Hailey Market

Bellevue & Beyond Market (Carey, Magic, Gannett, Picabo) Sales

Sold $ Volume

New Listings

Median List Price

June

13 (-54%)

$12M (0%)

23 (+15%)

$850K (+114%)

2022 YTD

63 (-57%)

$61M (+13%)

87 (-24%)

$563K (+14%)

Custer County (Stanley, Challis, Mackay, Sawtooth City) Sales

Sold $ Volume

New Listings

Median List Price

June

1 (+100%)

$190K (+100%)

3 (-67%)

$1.8MK (+152%)

2022 YTD

8 (-27%)

$3.2M (-71%)

14 (-30%)

$898K (+89%)


Available Inventory as of July 1 (Not Under Contract) Number

Listing $ Volume

Median List Price

Residential Listings $2.5M and higher

88

$585M

$5.85M

Residential Listings $1M to $2.499M

36

$57M

$1.4M

Residential Listings $999,999 and below

71

$46M

$650,000

Vacant Land

113

$147M

$675,000

Highest Priced Sales in June (List Prices Shown) North of Ketchum Residential Sale.........N/A Vacant Land.............N/A

Resort Core (K, WS, SV, E) Residential Sale.........$2.6M Vacant Land Sale.....$1.5M

South of Ketchum Residential Sale.........$1.25M Vacant Land Sale.....$1.595M

South Valley (H, B, & Beyond) Residential Sale.........$3.495M Vacant Land Sale.....$325K


Selected Listings from Our Brokerage’s Inventory

125 Howard #1, Warm Springs $1,675,000

161 Spur Lane, Ketchum $9,350,000

75 S Club View Dr, Valley Club $6,950,000

265 S Golden Eagle $10,564,000

131 Cowcatcher, Bellevue $825,000

108 River Run, Warm Springs $3,927,000

8 Crown Ranch, Elkhorn $4,950,000

View All Sun Valley Area Properties

3516 Lower Ranch, Elkhorn $750,000

272 E Winterberry, Hailey $1,295,000

1228 Villager, Sun Valley $1,075,000

171 Valleywood, Ketchum $2,495,000


JULY CALENDAR OF SUN VALLEY EVENTS 1 1 1 2-4 2 8-10 8 9 12 13 16-18 16 20-22 21-23 22-24 22-24 22 24+ 26 28-31

Higher Ground Hero’s Journey Sun Valley on Ice w/ Mariah Bell | Sun Valley Judith Hill (music) | The Argyros (K) Hailey Days of the Old West | Hailey Bald Mountain Summer Kick-off Party | River Run Ketchum Arts Festival | Festival Meadows (K) SV Gallery Association Gallery Walk | Ketchum Galena Grinder (biking) | Galena Lodge The Launch Concert | The Argyros (K) The Avett Brothers (music) | SV Pavilion (SV) SV Writers’ Conference | SV Pavilion (SV) Sun Valley on Ice w/ Nathan Chen | Sun Valley Sun Valley Wine Auction | Various SV Tour de Force (car race) | Various Lost River Disco | Idaho Basecamp (Big Lost River) Standhope Ultra Challenge | Pioneer Mtns Chris Botti (music) | The Argyros (K) SV Summer Music Festival | SV Pavilion (SV) Preservation Hall Jazz Band | The Argyros (K) Sawtooth Valley Gathering | Stanley

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 July 1, 2022.


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