Sun Valley Luxury Market Report

Year End Market Report for Properties over $3mm in Blaine County

▲ 8% $1.080mm
Median Sales Price for 2024
 
▲ 18% $2.120mm
Average Sales price for 2024
 
▲ 30% 92
Sales in Blaine Co over $3mm
 
▲ 40% 30
Sales in Ketchum over $6mm
 

The Wood River Valley saw exceptional growth in luxury real estate in 2024! The impressive 30% increase in sales over $3 million in the county, coupled with the 40% surge in Ketchum for properties above $6 million, stands out in contrast to the broader U.S. real estate market, which faced declines.

Several factors could explain this growth:

  1. Demand for High-End Properties: There could have been an influx of buyers looking for second homes or investment properties, particularly as remote work options remained popular. Ketchum, with its outdoor lifestyle and scenic beauty, has long attracted affluent buyers.
  2. Wealth Migration: Many wealthy individuals or families continue to relocate to places that offer a high quality of life, tax benefits, and privacy. The Wood River Valley might be an attractive alternative for people from high-cost areas like California or New York.

New Luxury Building in Downtown Ketchum

This stunning new building in downtown Ketchum truly shines. Designed and built by a passionate local developer, every detail of this project reflects a commitment to excellence. From the meticulously selected finishes to the thoughtfully designed spaces, this property stands out from the crowd.

Whether you’re seeking a modern apartment or the ultimate in luxury with a penthouse suite, this building has it all. The penthouse offers panoramic views, sophisticated interiors, and unparalleled comfort. Don’t miss the chance to own a piece of Ketchum’s finest new development.

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Exceptional Attention to Detail!
New Construction in the ‘Heart of Ketchum.” Close to everything- entertainment, dining, shopping, groceries -need to walk the dog(?) -Forest Service Park is across the street! The finest, thoughtful finishes… Read more.
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Exceptional Attention to Detail!
New Construction in the ‘Heart of Ketchum.” Close to everything- entertainment, dining, shopping, groceries -need to walk the dog(?) -Forest Service Park is across the street! The finest, thoughtful finishes… Read more.
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Privacy and a Traditional Sun Valley Home

This charming home has been on the market for a while, and I was finally able to tour it—what a gem! Nestled on a cul-de-sac at the end of Greenhorn Road, it offers the perfect blend of seclusion and accessibility. With stunning views and immediate access to hiking trails right from your doorstep, this property provides an exceptional lifestyle.

The home itself is a classic example of a well-built Sun Valley residence. From its timeless design to its solid construction, this property truly shines. Whether you’re looking to unwind in the peaceful surroundings or enjoy outdoor adventures, this home offers the best of both worlds.

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Greenhorn Privacy
This property is on 2.3 acres at the end of a cul de sac and adjacent to BLM land for ultimate privacy. Walk out the door to first class hiking… Read more.
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Greenhorn Privacy
This property is on 2.3 acres at the end of a cul de sac and adjacent to BLM land for ultimate privacy. Walk out the door to first class hiking… Read more.
View all new listings
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Stunning New Listing in Valley Club
This perfect Valley Club home includes a recently completed comprehensive interior and exterior remodel, brand new furniture and furnishings package, and the availability of a full golf membership for purchase…
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Stunning New Listing in Valley Club
This perfect Valley Club home includes a recently completed comprehensive interior and exterior remodel, brand new furniture and furnishings package, and the availability of a full golf membership for purchase…
search.woodriverproperties.com
Watch World Cup Finals from your Living Room
Just steps from the Warm Springs lifts, this mountain masterpiece provides bedrooms for all and includes an office/den and a large media room providing plenty of room to work and… Read more.
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Watch World Cup Finals from your Living Room
Just steps from the Warm Springs lifts, this mountain masterpiece provides bedrooms for all and includes an office/den and a large media room providing plenty of room to work and… Read more.

Talk soon,
Kirsten

Kirsten DeHart
Broker/Owner
208-721-4131
Wood River Properties
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