The real estate market in Sun Valley over the past two years broke all historical records.”

The real estate market in Sun Valley over the past two years broke all historical records. The start of 2022 saw the same voracious demand, but the inventory was not there to support it with new listings down 27% versus what we saw in January 2021. With that said, reported sales exceeded $895 million in the Wood River Valley. Los Angeles County, King County, Washington, and Orange County, California continued to be the contributors for largest adjusted gross income gained in Blaine County in 2022*. High-end buyers sought out turn-key homes where minimal updates were needed, ideally targeting new construction. The cost of construction and supply chain issues delayed many new construction projects throughout the valley. As we begin the new year, there are signs of hope that fresh inventory is coming to the market for those that have been searching for their primary or secondary home in the Sun Valley area.”

Melissa Tindall

In the past few years, the Sun Valley area has seen a big increase in ultra-high-end sales over $10 million. Voted America’s best ski resort for three straight years**, Sun Valley real estate remains significantly less expensive than resort towns in other nearby states.”

Evan Wyman

4

$10M+ Sales, 2022

$64.8M

Total $10M+ Sales Volume, 2022

Highest Listing-represented

Compass Regional Sale, 2022

Represented by Lori Baker and Alissa McNicholas