Colin Burke Real Estate

06/09/2026

Sun Valley Market Report — June 8, 2026

Nine homes closed this week for $24.3M total — sold volume up 73% from a year ago, and median sale price jumped to $1,550,000, up 52% year over year.
Demand is still running hot: 13 homes went under contract this week, 62% above where we sat twelve months ago. Inventory remains tight at 233 active listings, down 21% from last June.

If you're weighing a move in Ketchum, Hailey, or anywhere in the Wood River Valley, this is the data that actually matters — what's closing right now, not headlines.
Curious what your home would bring in this market? Reach out — happy to walk you through it.

— Colin Burke, Southern Idaho Land · Keller Williams Sun Valley & Southern Idaho

06/03/2026

One of the more unique properties I've come across in Idaho.

98 acres on the Salmon River with strong water rights, income-producing storage units, and direct access to public land. From the property, you can hike, ride horseback, or ATV to Goldbug Hot Springs—just 1.5 miles away.

The property also has the potential to be split into up to four total lots, making it an interesting opportunity for a private estate, recreational retreat, or future development.

Take a look at the aerial tour below.

📍 2064 Highway 93 South, Salmon, Idaho

2064 Highway 93 South, Salmon, Idaho | 98 Acres on the Salmon River...

06/01/2026

📊 SUN VALLEY MARKET REPORT | June 1, 2026
Southern Idaho Land · Keller Williams

Buyer demand just doubled year over year — and inventory keeps shrinking. That's not a soft market.

🏡 Active Listings: 236 (-7 vs. last week | YoY: -15%)
🆕 New Listings: 25 (-1 vs. last week | YoY: -4%)
📋 Under Contract: 15 (flat vs. last week | YoY: +114%)
💰 Avg Sale Price: $2,726,667 (+$1.6M vs. last week | YoY: +176%)
🔑 Homes Sold: 6 (-3 vs. last week | YoY: +100%)
📈 Sold Volume: $16,360,000 (+$6.4M vs. last week | YoY: +452%)

Sun Valley inventory is down 15% from this time last year and new listings are barely trickling in. Meanwhile, under contracts doubled YoY and held steady at 15 for the second straight week — buyers are moving fast on what's available. A $10,995,000 Sun Valley close headlined the week, alongside a $3M Ketchum townhouse and a $1.29M Ketchum condo. The volume is here. The supply isn't.

If you're thinking about listing this summer, the window is open.

05/26/2026

📊 SUN VALLEY MARKET REPORT | May 26, 2026
Southern Idaho Land · Keller Williams

Buyers are moving — fast. Sun Valley recorded 17 homes under contract this week, up 70% from the prior week and nearly double what we saw this time last year.

🏡 Active Listings: 227 (+3 vs. last week | YoY: -14%)
📋 New Listings: 23 (-2 vs. last week | YoY: -41%)
🔄 Under Contract: 17 (+7 vs. last week | YoY: +89%)
🔑 Homes Sold: 8 (+1 vs. last week | YoY: -27%)
💰 Avg Sale Price: $960,250 (YoY: -35%, mix-driven)
📉 Sold Volume: $7,682,000 (YoY: -53%)

Demand just jumped sharply — 17 contracts in a week is the highest we've seen in months — while new listings continue to fall off. Only 23 new properties hit the market this week, down 41% from a year ago. Ketchum condo buyers have been especially aggressive: 8 units went under contract in the condo segment alone, up from just 1 this time last year. Inventory is tighter than it looks. If you've been sitting on the sidelines in Sun Valley or Ketchum, the window to buy before competition intensifies is narrowing.

Thinking about selling or buying in the Wood River Valley? Let's talk.

05/13/2026

Today the crew from the KW SVSI office got to hammerin’ Harper’s trail north of town. A whole lotta work goes into these trails, looking forward to getting up there on the bike!

05/12/2026

📊 SUN VALLEY MARKET REPORT | May 11, 2026
Southern Idaho Land · Keller Williams

The market took a breath this week — just 3 closings in the Wood River Valley, down from 16 last week. But don't read that as weakness.

🏡 Active Listings: 205 (-5 vs. last week | YoY: -13%)
💰 Avg Sale Price: $2,825,000 (+183% vs. last week | YoY: +30%)
🔑 Homes Sold: 3 (-13 vs. last week | YoY: -57%)
📋 New Listings: 19 (-9 vs. last week | YoY: +27%)
🤝 Under Contract: 10 (flat vs. last week | YoY: 0%)
📊 Sold Volume: $8,475,000 (YoY: -44%)

Three closings doesn't mean no activity — it means the homes that sold were serious. Those 3 averaged nearly $2.83M each. Active inventory at 205 is still 13% below where we were this time last year, and 10 homes moved under contract this week. Ketchum and the Wood River Valley aren't flooded with supply — and buyers are still paying attention.

If you're watching this market, now's the time to know where you stand. DM me — I'll tell you what your home is actually worth.

05/11/2026

Monday Market Update - I know you need it, here it is.

05/04/2026

Sun Valley Real Estate Market Report – May 4, 2026

New listings in Sun Valley nearly tripled last week — but this isn’t a market shift. It’s a spring surge in supply.

30 new homes hit the market (up from 11 the week prior), pushing active inventory to 208. That’s still 13% lower than last year, meaning inventory is rising — but not oversupplied.

What buyers are doing:
12 homes went under contract (unchanged week-over-week), showing steady, selective demand. Not a slowdown — buyers are just more intentional. Year-over-year, contract activity is up significantly.

What’s actually selling:
14 homes closed last week (vs. 4 prior), totaling $14.5M in sales volume with an average price of $1.03M. Condos, single-family homes, and townhomes are all moving — this is a balanced, active market.

What this means for sellers:
You’re in a window. Inventory is growing, but hasn’t tipped. Buyers are active, qualified, and paying real prices — not chasing discounts.

Bottom line:
The Sun Valley is stable, active, and behaving like a healthy spring market. More options, steady demand, real transactions.

Thinking about selling or investing in Sun Valley real estate?

I track this market weekly — message me for a custom valuation or strategy.
— Colin Burke
Sun Valley & Southern Idaho Real Estate Expert

05/04/2026

30 new listings hit the Sun Valley market last week. That’s nearly 3x the week before.

Under contract? Still 12. Flat.

More choices. Same buyer pace. Something to watch.

04/30/2026

Most people asking about Sun Valley STR investing are running the wrong math.

I broke down a real, active Ketchum property — the regulations, AirDNA occupancy data, actual expenses, and net ROI — in a free 12-minute video on YouTube.

The market is bifurcating. Well-located, professionally operated properties are still performing. Everything else is quietly bleeding on carrying costs.

Swipe through for the numbers → then watch the full breakdown (link in bio / first comment).

📥 Free STR ROI Calculator: https://www.colinburkerealestate.com/tools
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