As we welcome 2018 we look back on 2017 as a great year in real estate with numbers significantly up from 2016. Many existing home owners, sensing a more stable market, were able to sell their homes and move within the valley. And we saw a noticeable up tick of sales of residential lots where buyers, unable to find their ideal home, made the leap to building. The number of cash transactions also increased over 2016. Some are predicting the South of Ketchum area, with it’s terrific home values, as the next hot market. We are looking forward to continuing this strong upward trend in 2018.
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Year to date Blaine County market statistics continue to be on a strong upward trend compared to the same time last year:
• Sold Volume – Up 55%
• Number of Properties Sold – Up 21%
• Average Sale Price – Up 28%
• Total Active Listings – Down 2%
• 145 Properties sold over $1,000,000 year to date.
• 96 properties sold over $1,000,000 last year at this time.
• 53 properties sold over $2,000,000 year to date
• 22 Properties sold over $2,000,000 last year at this time
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Featured Listing
Private Sun Valley Home
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166 Aspen Lakes Dr. Tom Drougas
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Timeless mountain architecture and interior design by Don Brandenburger AIA built by Kavanagh construction on 14.55 acres on the Bigwood River. This exclusive neighborhood of large estate properties features unparalleled wildlife habitat and trout fishery with free stone and spring creeks, equestrian trails, private lake, just 12 minutes from Sun Valley, 2 minutes to Hailey, 5 min to Valley Club.
This house was built as a high end custom and is totally versatile plan with warm mountain atmosphere just as appropriate today as when it was built in 1994. The 10.77 acre lot adjacent to the N is listed for sale, could be combined for 25 acre compound on the river.
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For more information on this property please visit the SVRE/Christie’s website here. or contact Tom Drougas at his agent page.
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106 Aspen Lakes Flying Heart $250,000. Lisa Stelck
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110 Eagle Lake Dr. Golden Eagle $4,950,000. Cindy McCoy
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121 & 125 Hyndman View Dr. $3,950,000. Daren Pennell
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111 So. 1st 18, Ketchum, Idaho $935,000. Sallie Castle
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Smokey Dome Lot 26 Acres, Fairfield $29,0000 Leisa Brait
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171 Stonegate Cr. N. Ketchum $1,980,000. Annie Kaiser
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1904 Warm Springs Rd #5. $418,000. Cindy Ward
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204 Sun Valley Rd. #8 Sun Valley. $565,000. Marlow Geuin
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521 Juniper Elkhorn in Sun Valley $1,925,000. Brad DuFur
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202 S. 4th Ave. Hailey, Idaho $1,125,000. Kirsten Ritzau
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631 N Washington Ave Unit 503 $1,195,000. Alex Hughes
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103 Hillside Dr. Ketchum, Idaho $1,295,000. Sandra Caulkins
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105 Bullion Gulch, Blaine Co $2,995,000. Suzanne Williams
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Local Happenings in January
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Monday, January 8th 6:30PM
Presbyterian Church of the Big Wood
By popular demand, the genre-defying trio Time for Three returns to perform a free concert. Time for Three transcends traditional classification with elements of classical, country, western, gypsy and jazz idioms that form a blend all its own.
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TYLER RAMSEY
Thursday, January 18th 7:00PM
Sun Valley Opera House, Sun Valley Resort
Former lead guitarist and singer for Band of Horse, Tyler Ramsey will play be playing a solo gig featuring new songs from an upcoming album due out in early 2018.
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MATTHEW KACERGIS
Saturday, January 20, 7:30PM
Community School Theatre
Matthew has played the role of Prince Eric in Disney’s National Tour ofThe Little Mermaid to critical acclaim. He has also performed in numerous stage musicals as well as on camera appearances including HBO’s Veep.
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The Sun Valley Nordic Festival
February 1st-4th
The Boulder Mountain Tour
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Share your Heart Ball
February 17th. At the Limelight Room in Sun Valley
A benefit for Camp Rainbow Gold serving children with cancer and their families for free.
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The Family of Women Film Festival
February 27th – March 4th
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Sun Valley Film Festival
Oscar®-winning actress Gwyneth Paltrow will be presented with the Vision Award.
March 14th – 18th
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U S Alpine Championships Sun Valley
March 19th – March 26th
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“The Last Special Ski Resort” Ski Magazine
Reprinted from The 2018 Resort Guide Ski Magazine
( But we don’t have to read the whole article to know how lucky we are to be here!)
Want to judge a resort?
“Look at its residents. Sun Valley attracts real skiers. They work hard. Ski just about every (decent) day. Raise ripping kids. And then ski some more. They don’t view it as a big deal because that’s the natural rhythm of skiing’s Shangri-La: lots and lots of turns and very little attitude, which is surprising considering the celebrity lure of this place. Two undeniable draws remain, the quiet confidence about its rich legacy and its classic long, elegant fall lines. The we’re-cooler-than-you-are local vibe that can intimidate visitors at some of the big-name skier’s mountains (you know who you are) isn’t part of the culture here”.
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