Teton County experienced an approximately 15% drop in the number of sales of single-family homes, attached homes, and building sites (when focusing the analysis east of the Teton Range). While some indications from aggregated data show a corresponding drop in pricing, examination of individual datapoints reveals that most properties in Teton County have held their […]
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YEAR END MARKET UPDATE 2021
When viewing data through yearend 2021 (a composite of single-family homes, attached homes, and single-family homesites), the Teton County Real Estate Market set records in all pricing-related categories, while showing decreasing numbers of sales, the likely result of a lack of listed inventory. The result of this is total residential volume of sales that approached […]
Redefining the Local Market – Rafter J Ranch and Cottonwood Park Top Sales Now Average $2.2 Million
Historically, the market snapshots and yearend reports that I provide have not only addressed the market as a whole, but also have broken it down into its component parts of the “Resort/Luxury” market segment and the “Local” market segment, with the latter of these segments being defined as properties that historically have been targeted for […]
Teton County Real Estate Remains Strong with Limited Inventory through Mid-September of 2021 Continuing to Drive Prices Upward
When viewing data through the beginning of September 2021 (a composite of single-family homes, attached homes, and single-family homesites), the Teton County Real Estate Market is observed to be continuing its upward trending in price. Low inventory continues to be a driving force behind appreciation trends, with the available inventory east of Tetons the being […]
Low Inventory Key Component to Price Appreciation
Low inventory has been a key component to price appreciation over the past two years in particular. This trend appears to be continuing, within all tracked market segments, with only one exception showed a decrease in inventory levels single-family homes in Jackson and South of Town. The result was a decrease in inventory of over […]
JH Golf Course Highlight Series: Overview
While Jackson Hole is known by many for its world class skiing and wondrous mountain views, those who enjoy the warm weather pastime of golf, know that it is home to some of the most beautiful and well manicured courses in the country. Although most of the courses situated in the Jackson Hole area are […]
Rare Opportunity: 80 Acres Bordering National Forest
A once in a decade (or more) opportunity to own 80 acres bordering National Forest in the most desirable location of Teton County. Located off 10000 S, this property is zoned A 2.5 and could be divided, but is arguably most suitable as a high-end estate or equestrian estate site. The property is approximately split […]
Golf Course Highlight Series: Jackson Hole Golf and Tennis Club
The Course Jackson Hole Golf and Tennis was the first 18-hole championship golf course in Teton County. It began to take shape as it is known today in 1967 when purchased by Laurence Rockefeller, who promptly hired Robert Trent Jones Jr. to rework the existing course. Jackson Hole Golf and Tennis has a long-standing membership […]
Golf Course Highlight Series: Shooting Star
The Course Shooting Star is a private club located at the base of the Jackson Hole Mountain Resort (Jackson Hole Ski Area). This resort offers an 18-hole, 7,550 yard Tom Fazio-designed course that required the movement of more than two million cubic yards of dirt to create is contours and water features. Golf Digest rewarded […]
Golf Course Highlight Series: The Tributary
The Course The Tributary is a private club located contiguous with the Teton County, Idaho seat of Driggs. Originally conceived by chemical magnate Jon Huntsman as a development of the highest quality, the property had the unfortunate timing of its would-be sales volume crescendo occurring during the “mortgage crisis” and ensuing recession. The property has […]