Sun Valley Round Up

Here is a shot from Galena Peak last week. We discovered views for miles, wildflowers and a couple snow patches in August!

I spent some time catching up on the numbers for the Sun Valley Real Estate Market. Median and Average sales prices for Blaine county are up significantly over 2022 (20%). However, most of this is due to the sheer strength within the top end of the market.

Blaine county has seen 13 sales over over $5M in 2023 compared to 11 in 2022. As of now there are 4 additional pending sales over $5M. These home sales are driving up the average sales prices for Hailey, Ketchum and Sun Valley.

There is demand for homes under $2M in Ketchum, Sun Valley and Hailey, but they need to be priced competitively because inventory is rising. Our overall sales volume is down nearly 30% creating a rise in inventory.

Sun Valley Real Estate Market Report

Current 2023 Stats Compared to 2022 for Blaine County

8 %Active listings 549
29 %Closed sales 209
17%Median Sales Price $975k
41 %Days On Market 78
Sun Valley Real Estate Market Report

Coming Soon in Hailey

This Hailey home for sale is priced to sell at $725k.

No description found. Read more.
No description found. Read more.

Luxury New Construction

I recently joined the Hailey Housing Committee to learn about housing strategies and assist in creating opportunities within the valley for affordable housing. Vacation rentals and seasonal homes are often targeted as consuming valuable housing stock for working locals.

Become a responsible seasonal home owner by sharing your residence and splitting your time! This home for sale in Ketchum is being offered as a Dual Ownership. The current owners are flexible, and would like to share their home rather than rent it or leave it unoccupied.

Become part of the housing solution and share this Vacation Home! 
No description found.
Become part of the housing solution and share this Vacation Home! 
No description found.

Sun Valley Events

Have you been to River Run on Wednesday nights?

Sun Valley kicks off its River Run Concert Series on the mountain
There has been a push in the last two decades to make ski towns year-round destinations and that starts with summer fun in the mountains.
Sun Valley kicks off its River Run Concert Series on the mountain
There has been a push in the last two decades to make ski towns year-round destinations and that starts with summer fun in the mountains.

Latest Blog Posts

I am nearing completion of my Real Estate Investing Certificate from Harvard and looking forward to expanding my services as a Real Estate Consultant developing Investor Portfolio’s. Learn about RE Portfolios and how you can develop one here:

How to Start Investing in Real Estate
How to Start Investing in Real Estate. Investing in real estate spans from casual investors to corporations. Finding your place within that span can be time consuming and challenging.… Read more.
How to Start Investing in Real Estate
How to Start Investing in Real Estate. Investing in real estate spans from casual investors to corporations. Finding your place within that span can be time consuming and challenging.… Read more.

Talk soon,
Kirsten

Kirsten DeHart
Associate Broker
208-721-4131

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