The West Bank South market write-up is part of the 2 Million Dollar Homes Series, which focuses on the real estate market participants looking for single-family homes in the $2M range in Teton County. Continuing the discussion of the market that is currently available to the $2,000,0000 home shopper, this segment focuses on the West […]
Market Snapshot
West Bank North : 2 Million Series
The West Bank North market write-up is part of the 2 Million Dollar Homes Series, which focuses on the real estate market participants looking for single-family homes in the $2M range in Teton County. Continuing the discussion of the market that is currently available to the $2,000,0000 home shopper, this segment focuses on the West […]
Introducing the 2 Million Series
Focusing on the real estate market that is currently in existence of market participants looking for a single-family home in the $2,000,000 range in Teton County, it is first noted that in the past 12 months 28 homes have sold when considering a range in price from $1,500,000 to $2,500,000, with these home having an […]
First Quarter 2014 Commerical Update
The first quarter of 2014 saw five commercial improved properties sell, with four out of five of these closings being for light industrial properties, including the over 17,000 square foot Wedco Building. Overall capitalization rates for these properties ranged from 5.06% to 8.76%, with the high end of this range being the result of an […]
Strong Price Points in Rafter J Ranch
Bodes Well for One of Teton County’s Most Populous Residential Areas A 2,200 square foot home sold in Rafter J Ranch at the end of March for approximately $345 per square foot. This is noteworthy as it is evidence of the continued price growth of living opportunities in one of Jackson Hole’s largest mid-priced subdivisions […]
Real Estate Prices Increase Through January
Price Gains are Evident Through First Month of 2014 Less Inventory Contributing to Slightly Lower Sales Volume Residential – Observing data compiled through the end of January of 2014, it is noted that the number of residential real estate sales (single-family homes, attached homes, and vacant lots) are down slightly from 32 total sales during […]
Trends in Teton Pines Cluster Home Prices
Offering Insight Into West-Bank Single-Family Home Value Patterns The Teton County market began its price recovery in mid-2011, with this market inflection being most easily observed in more moderately-priced market segments where sales volume was most likely to be ample enough to have trends be more easily observed. This is especially true for single-family homes […]
Condo-Tel Units Showing Increasing Values
Condominiums have long been a way to provide Teton County market participant an opportunity to own their piece of Jackson Hole without the maintenance responsibilities of a detached, single-family home. In 2001, this concept was expanded for Teton Village market participants when the Snake River Lodge and Spa introduced its units known as the “Residences.” […]
Agents turning to unlisted lots to fill demand for premium building sites in Jackson Hole
I was initially given pause last year during the course of a casual conversation when it was remarked that, “you can’t really find a decent lot in Teton County for less than $5,000,000.” My surprise at this comment was somewhat lessened when the definition of a “decent lot” was further classified as being three acres […]