SUN VALLEY Real Estate Market Report September 2022
Entire Market —All Properties in Blaine & Custer Counties
Sales Sold $ Volume New Listings
List
Sept. 45 ( 53%)* $52M ( 48%) 66 ( 47%) $635K ( 9%)
2022 YTD 593 ( 41%)** $703M ( 27%) 974 ( 19%) $825K (+12%)
Residential Homes in Entire Market
Sales Sold $ Volume New Listings Median List Price
Sept. 19 ( 24%) $29M ( 6%) 26 ( 48%) $1.0M (+18%)
2022 YTD 208 ( 25%) $315M ( 27%) 346 ( 16%) $1.1M (+9%)
in Entire
Sales Sold $ Volume New Listings Median List Price
Sept. 16 ( 62%) $17M ( 64%) 15 ( 50%) $795K (+3%)
2022 YTD 181 ( 37%) $206M ( 28%) 294 ( 11%) $865K (+27%)
SUN VALLEY MLS THROUGH SEPTEMBER 2022
Condos/Townhomes/Duplexes
Market
Median
Price
* % Change figures are compared to September 2021 ** % Change figures are compared to the same point in 2021
Vacant Land in Entire Market
Sept. 7 ( 56%) $5.2M ( 12%) 20 ( 31%) $385K (+1%)
2022 YTD 125 ( 63%) $97M ( 27%) 229 ( 28%) $419K (+6%)
Sales Sold
Sept. 1 ( 83%) $550K ( 91%) 2 ( 78%) $512K ( 9%)
2022 YTD 34 ( 15%) $32M (+2%) 45 ( 40%) $975K (+1%)
Sales
Sept. 2 ( 67%) $12M ( 52%) 6 ( 57%) $5.3M (+43%)
2022 YTD 44 ( 36%) $214M ( 28%) 139 (+15%) $4.8M (+20%)
SUN VALLEY MLS THROUGH SEPTEMBER 2022
Commercial (Does not include commercial leases) Luxury Residential ($2.5M+ List Price Homes, Condos & TH) Sales Sold $ Volume New Listings Median List Price
$ Volume New Listings Median List Price
Sold $ Volume New Listings Median List Price
RESORT CORE MARKETS THROUGH
Ketchum Market (includes all property types)
Sales Sold $ Volume New Listings Median List Price
Sept. 8 ( 27%)
$12M ( 15%) 4 ( 69%) $942K (+36%)
2022 YTD 86 ( 34%) $159M ( 18%) 133 ( 4%) $1.1M ( 16%)
Warm Springs Market
Sales Sold $ Volume New Listings Median List Price
Sept. 2 ( 67%) $3.0M ( 68%) 3 ( 57%) $4.8M (+539%)
2022 YTD 30 ( 55%) $36M ( 56%) 65 ( 23%) $1.9M (+106%)
Sun Valley Village Market
Sales Sold $ Volume New Listings Median List Price
Sept. 5 ( 38%) $5.1M ( 65%) 1 ( 83%) $6.9M (+503%)
2022 YTD 36 ( 36%) $63M ( 38%) 60 ( 23%) $2.2M (+48%)
Elkhorn Market
Sales Sold $ Volume New Listings Median List Price
Sept. 3 ( 82%) $3.9M ( 78%) 2 ( 83%) $1.1M (+18%)
2022 YTD 60 ( 42%) $95M ( 8%) 97 ( 24%) $1.2M (+53%)
SEPTEMBER 2022
OTHER LOCAL MARKETS THROUGH SEPTEMBER
North of Ketchum Market (includes all property types)
Sales Sold $ Volume New Listings Median List Price
Sept. 2 (+100%) $7.9M (+2%) 0 ( 100%) $0 ( 100%)
2022 YTD 7 ( 50%) $49M ( 29%) 11 ( 45%) $4.8M (+121%)
South of Ketchum Market
Sales Sold $ Volume New Listings Median List Price
Sept. 2 ( 50%) $3.0M ( 53%) 7 ( 56%) $1.9M (+136%)
2022 YTD 43 ( 56%) $63M ( 54%) 85 ( 31%) $1.9M (+29%)
Hailey Market
Sales Sold $ Volume New Listings Median List Price
Sept. 14 ( 48%) $11M ( 29%) 23 (+5%) $539K (+1%)
2022 YTD 185 ( 31%) $135M ( 6%) 257 ( 12%) $595K (+1%)
Bellevue & Beyond Market (Carey, Magic, Gannett, Picabo)
Sales Sold $ Volume New Listings Median List Price
Sept. 4 ( 60%) $3.9M ( 6%) 10 ( 64%) $460K ( 28%)
2022 YTD 84 ( 53%) $73M (+5%) 130 ( 37%) $525K (+6%)
Custer County (Stanley, Challis, Mackay, Sawtooth City)
Sales Sold $ Volume New Listings Median List Price
Sept. 2 ( 60%) $1.0 ( 85%) 4 (+0%) $975K ( 28%)
2022 YTD 13 ( 32%) $5.3M ( 72%) 33 ( 8%) $975K (+105%)
2022
AVAILABLE INVENTORY AS OF OCTOBER 1 (NOT UNDER CONTRACT) Area Market Homes Condos/TH/Etc Vacant Land North of Ketchum 7 N/A 2 Avg List Price $7.7M N/A $1.8M Ketchum 9 31 2 Avg List Price $6.7M $2.7M $2.2M Warm Springs 13 11 7 Avg List Price $4.5M $1.4M $2.2M Sun Valley 2 5 0 Avg List Price $4.9M $1.4M $0 Elkhorn 3 19 4 Avg List Price $4.4M $1.2M $1.4M South of Ketchum 32 N/A 32 Avg List Price $5.5M N/A $1.8M Hailey 24 10 29 Avg List Price $1.4M $522K $551K Bellevue & South 19 N/A 30 Avg List Price $864K N/A $743K Custer County 9 N/A 7 Avg List Price $3.0M N/A $1.8M TOTALS* 138 79 152 Avg List Price $3.5M $1.7M $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 75 S Club View Dr, Valley Club $6,950,000 201 Equus Loop, Bellevue $1,495,000 8 Crown Ranch, Elkhorn $4,444,000 108 River Run Dr, Warm Springs $3,500,000 4 Camp Rd, Elkhorn $1,250,000 View All Sun Valley Area Properties 400 Huffman Dr, Warm Springs $7,175,000 Ranch Condo 3516, Elkhorn $718,000 190 Valleywood Dr, Ketchum $565,000 265 S Golden Eagle $9,985,000 125 Howard #1, Warm Springs $1,675,000
1
OCTOBER
Legends Never Die Running Race | Oregon Gulch (K)
1 Warfield’s 3rd Annual Oktoberfest | Warfield (K)
1 Telegraph Quartet (music) | The Argyros (K)
4
5-9
Young Latino Leaders Panel | ComLib (K)
26th Annual Trailing of the Sheep Festival | Various
8 The Kingston Trio | Sun Valley Opera House (SV)
12-16
Sun Valley Jazz & Music Festival | Sun Valley
13 River of Return (film) | ComLib (K)
14 Ballet Sun Valley | The Argyros (K)
15 Malm Gulch Hike | Hailey Park & Ride (H)
15
Forbidden Fruit Trail Work | Adams Gulch (K)
15 5th Annual Chili Cook Off | 400 N Main St (H)
15 Rotarun Ski Swap | Sturtevants (H)
16 Jeff Boyer’s Big Bubble Bonanza | The Argyros (K)
18 Sandra Cisneros (author) | WRHS Theater (H)
21 Las Cafeteras (music) | WRHS Theater (H)
22 Nat’l Public Lands Day | TBD
23
Bellevue Haunted Forest | Howard Preserve (B)
25 Martyna Majok (playwright) | ComLib (K)
26 Trail Monitoring Pub Talk | Sawtooth Brewery (K)
29-31
Halloween Festivities | Various
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 October 1, 2022.
