Sun Valley Luxury Report 2024

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LUXURY REAL ESTATE IN SUN VALLEY

This report includes only Residential Properties (Single Family Homes, Condos, Townhomes).

Depending on the property’s location, there are two different List Price thresholds for a property to qualify as a Luxury Residential Listing:

• $3.5M is the Luxury baseline for the North Valley: North of Ketchum, the Resort Core (Ketchum, Warm Springs, Sun Valley, Elkhorn) and South of Ketchum

• $1.5M is the Luxury baseline for South Valley: Hailey, Bellevue and beyond

As you read through this report, keep in mind:

• Prices in the North Valley are historically much higher than prices in the South Valley, which is why there are two distinct qualifying price points.

• It is increasingly common in this market for luxury and high-end properties to be sold off-market, without being publicly listed and therefore without being recorded in our MLS. As a result, these sales do not figure into this report.Itisestimatedthataround 10%ofluxurysalesaretransactedoffmarketandnotrecordedinoursystem.

• Idaho is a non-disclosure state, so this report does not use Sold Prices as the baseline (though the sold totals all reflect Sold Prices).

2019 to 2024

2019 to 2024

NORTH OF KETCHUM | $3.5M+

2019 to 2024

SUN VALLEY VILLAGE | $3.5M+

ELKHORN IN SUN VALLEY | $3.5M+

SOUTH OF KETCHUM | $3.5M+

2019 to 2024

LUXURY ACTIVITY BY AREA AND PRICE POINT

2019 to 2024

LUXURY SALES BY MARKET AREA, 2019 TO 2024

LUXURY SALES BY PRICE POINT, 2019 TO 2024

*”SP/OLP measures the Sales Price as compared to the property’s Original List Price

$7M to $7,999,999

$8M to $9,999,999

$10M to $11,999,999

$12M to $14,999,999

$15M to $19,999,999

$20M and Above

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