Real Estate Market Report November 2022
SUN VALLEY
SUN VALLEY MLS THROUGH NOVEMBER 2022 Entire Market —All Properties in Blaine & Custer Counties Residential Homes in Entire Market Condos/Townhomes/Duplexes in Entire Market Sales Sold $ Volume New Listings Median List Price November 41 ( 39%)* $52M ( 33%) 49 ( 23%) $13.M (+30%) 2022 YTD 687 ( 42%)** $840M ( 28%) 1099 ( 20%) $825K (+12%) * % Change figures are compared to November 2021 ** % Change figures are compared to the same point in 2021 Sales Sold $ Volume New Listings Median List Price November 17 ( 35%) $21M ( 45%) 15 ( 38%) $1.9M (+67%) 2022 YTD 237 ( 33%) $364M ( 33%) 394 ( 18%) $1.1M (+13%) Sales Sold $ Volume New Listings Median List Price November 13 ( 19%) $19M (+24%) 12 ( 54%) $1.9M (+113%) 2022 YTD 215 ( 36%) $254M ( 25%) 318 ( 17%) $867K (+27%)
SUN VALLEY MLS THROUGH NOVEMBER 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 November 8 ( 47%) $3.5M ( 26%) 12 (+140%) $694K ( 13%) 2022 YTD 145 ( 61%) $109M ( 26%) 256 ( 25%) $425K (+8%) Sales Sold $ Volume New Listings Median List Price November 2 ( 60%) $2.6M ( 59%) 4 ( 20%) $275K ( 79%) 2022 YTD 39 ( 24%) $37M ( 26%) 56 ( 35%) $963K ( 1%) Sales Sold $ Volume New Listings Median List Price November 5 ( 17%) $22M (+1%) 6 ( 60%) $4.9M ( 18%) 2022 YTD 55 ( 35%) $269M ( 25%) 158 (+9%) $4.8M (+20%)
Ketchum Market (includes all property types) Warm Springs Market Sun Valley Village Market Elkhorn Market RESORT CORE MARKETS THROUGH NOVEMBER 2022 Sales Sold $ Volume New Listings Median List Price November 5 ( 29%) $6.3M ( 25%) 8 ( 47%) $2.2M ( 34%) 2022 YTD 99 ( 37%) $181M ( 23%) 146 ( 13%) $1.1M ( 15%) Sales Sold $ Volume New Listings Median List Price November 4 (0%) $7.4M (+25%) 2 ( 71%) $1.3M (+50%) 2022 YTD 35 ( 55%) $45M ( 54%) 73 ( 24%) $1.7M (+ 80%) Sales Sold $ Volume New Listings Median List Price November 2 ( 33%) $12M (+108%) 2 ( 33%) $1.7M ( 66%) 2022 YTD 46 ( 30%) $94M ( 23%) 66 ( 22%) $1.95M (+30%) Sales Sold $ Volume New Listings Median List Price November 4 ( 33%) $4.5M ( 54%) 7 ( 22%) $1.2M (+56%) 2022 YTD 68 ( 41%) $116M ( 5%) 114 ( 19%) $1.3M (+56%)
North of Ketchum Market (includes all property types) South of Ketchum Market OTHER LOCAL MARKETS THROUGH NOVEMBER 2022 Sales Sold $ Volume New Listings Median List Price November 1 (0%) $6M (+200%) 1 ( 75%) $6M ( 11%) 2022 YTD 8 ( 56%) $55M ( 28%) 12 ( 59%) $4.8M (+ 126%) Sales Sold $ Volume New Listings Median List Price November 3 ( 57%) $3.1M ( 81%) 6 (+200%) $2.2M (+39%) 2022 YTD 51 ( 56%) $77M ( 57%) 99 ( 29%) $1.8M (+22%) Hailey Market Bellevue & Beyond Market (Carey, Magic, Gannett, Picabo) Custer County (Stanley, Challis, Mackay, Sawtooth City) Sales Sold $ Volume New Listi1ngs Median List Price November 12 (+9%) $9.1M ( 47%) 7 ( 22%) $750K ( 3%) 2022 YTD 211 ( 32%) $151M ( 18%) 287 ( 13%) $610K (+4%) Sales Sold $ Volume New Listings Median List Price November 5 ( 74%) $1.4M ( 86%) 9 (+13%) $1.9M (+255%) 2022 YTD 96 ( 54%) $81M ( 10%) 148 ( 35%) $529K (+7%) Sales Sold $ Volume New Listings Median List Price November 2 ( 33%) $1.4M (+306%) 1 (0%) $3M (+700%) 2022 YTD 17 ( 29%) $8.3M ( 59%) 37 (0%) $975K (+105%)
AVAILABLE INVENTORY AS OF DECEMBER 1 (NOT UNDER CONTRACT) Area Market Homes Condos/TH/Etc Vacant Land North of Ketchum 7 N/A 2 Avg List Price $5.2M N/A $1.8M Ketchum 7 21 1 Avg List Price $8.4M $3.3M $1.4M Warm Springs 12 7 2 Avg List Price $4.6M $1.3M $2.3M Sun Valley 2 6 1 Avg List Price $4.9M $1.3M $1.4M Elkhorn 7 17 5 Avg List Price $2.9M $1.5M $1.3M South of Ketchum 21 N/A 32 Avg List Price $6.3M N/A $1.7M Hailey 18 6 29 Avg List Price $1.7M $537K $509K Bellevue & South 16 N/A 27 Avg List Price $929K N/A $692K Custer County 5 N/A 6 Avg List Price $3.1M N/A $2.0M TOTALS* 112 60 139 Avg List Price $3.6M $1.8M $1.0M * 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 $6,700,000 106 N Hiawatha, N of Hailey $950,000 270 Northwood Way, Ketchum $1,295,000 8 Crown Ranch, Elkhorn $4,444,000 108 River Run Dr, Warm Springs $3,500,000 511 N Canyon Run, Wrm Sprgs $7,795,000 View All Sun Valley Area Properties 400 Huffman Dr, Warm Springs $7,175,000 13404 Hwy 75, N of Ketchum $2,395,000 460 N Main St, Ketchum (4 units) $5,950,000 to $7,150,000 106 Blue Grouse, Elkhorn $5,250,000 1250 Buttercup, N of Hailey $1,175,000
DECEMBER CALENDAR OF SUN VALLEY EVENTS 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 December 1, 2022. 2 Hailey Tree Lighting Ceremony | Downtown Hailey 2&3 SV Suns (hockey) Season Opener | Campion Ice (H) 2 4 Sondheim Tribute Review | SV Opera House (SV) 3 Homegrown Film Festival | The Argyros (K) 3 4 Papoose Club Holiday Bazaar | Hemingway School (K) 7 Ketchum Tree Lighting Ceremony | Town Square (K) 9 46th SVSEF Wild Game Dinner | Limelight Room (SV) 10 Kick-Off for Winter Wonderland | Sun Valley Resort 11 Randimals Christmas Story | The Argyros (K) 11 WR Holiday Concert | Church of Bigwood (K) 15 Winter Wonderland Fundraiser Party | The Argyros (K) 16 18 Open Air Holiday Market | Sun Valley Resort 16 Classic Christmas Concert | SV Opera House (SV) 16 Curtis Stigers (music) | The Argyros (K) 17 Sun Valley Tree Lighting Ceremony | Sun Valley Resort 17 Alan Pasqua Trio (music) | The Argyros (K) 24 Torchlight Parade & Fireworks | Sun Valley Resort 29&30 G Love & Special Sauce (music) | The Argyros (K) 30 SV Gallery Association Gallery Walk | Ketchum 31 Eddie Ifft (comedy, 2 shows) | The Argyros (K) 31 Family Night & Fireworks at Dollar | Dollar Mtn (SV)