Teton Realty Today

Author Archives: Brian Siegfried

Teton Village real estate: Open house tour, 73 active listings

December 8, 2011 – 3:55 pm

Shoes off. Shoes on. Get in the car, get out of the car. Repeat about a dozen times in two hours, and there you have the annual Teton Village open house real estate tour. Homes, townhouses and condos available for preview on Wednesday at the base of the Jackson Hole Mountain Resort numbered more than [...]

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Cottonwood Park: Jackson Hole’s working class hero

November 29, 2011 – 10:00 am

It may be hard to imagine today, but in 1984 when the first Cottonwood Park homes were under construction, the southwestern corner of Jackson looked almost as rural as the ranch lands that define the landscape south of High School Road today. There were no sprawling school campuses with synthetic sports fields. No apartment complexes. [...]

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October extends trend: More units, less sales volume

November 14, 2011 – 3:36 pm

Buyers continue to return to the Jackson Hole real estate market with a focus in 2011 on the low end. In October, for example, this was evident as unit sales (38) increased 31 percent year over year, while sales volume ($36 million) slipped 6 percent. A report produced by Jackson Hole Sotheby’s summarizing 2011 sales [...]

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Teton Village, Four Seasons leading JH sales

November 4, 2011 – 12:32 pm

Teton Village is already where it’s at, even though it is still three weeks until they power up the lifts at Jackson Hole Mountain Resort and the season’s first big snowfall remains beyond the western horizon. This week’s Teton County Multiple Listing Service Hotsheet reports four Teton Village properties under contract and one closing. Two [...]

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Quality lots driving uptick in Jackson Hole land sales

October 27, 2011 – 12:34 pm

In my most recent post on jhpropertyguide.com, I discuss the slowly improving market for building sites in Teton County. And by slowly I do mean S-L-O-W, with just 38 sales* in the last 12 months compared to an average of 125 in the five years between October 2003 and October 2008. The uptick is measurable, [...]

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For many, fall is Jackson Hole’s finest season

October 16, 2011 – 12:20 pm

Of the two shoulder seasons in Jackson Hole, fall is by far the more enjoyable. Days like today, at the exact midpoint of October, when the wind stays soft and the still-strong sun fights few clouds, are as good as it gets. The streets of Jackson are alive on a Sunday afternoon, but far more [...]

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Neighborhood focus: Melody Ranch humming right along

October 6, 2011 – 9:32 am

For a model of consistency prior to and after the beginning of the current recession in September 2008, Melody Ranch is hard to beat. A September 13 closing on a 4-bed, 2,320-square-foot home listed at $729,000 was the 14th in the last 12 months. During the previous 12 months, from October 2009 to October 2010, [...]

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September sales: Points, Trends and Patterns

September 20, 2011 – 12:38 pm

It’s been said that one is a point, two is a trend and three is a pattern. Point: September real estate sales in Jackson Hole are on pace for 30 units and about $25 million in sales, with 19 reported as of September 19. Trend: Sales in July and August were similar, with 48 sales [...]

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August sales as extreme as Jackson weather

September 7, 2011 – 4:50 pm

I love the Jackson Hole real estate market for the same reason I love the weather around here: it can be so extreme that everywhere else is boring by comparison. For example, among the 26 sales reported in August the least-expensive property was a bank-owned 2-bed condo for $95,000 and the most expensive a fabulous [...]

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July sneak peek: Discount it and they will buy

July 31, 2011 – 4:50 pm

It was only a matter of days before multiple offers were made on the 3-bed, 1,924-square-foot Elk Run townhouse listed at $485,000, which closed in July after just 57 days on market. Similarly, investors and entry-level buyers swarmed the four distressed 2-bed condos recently priced at or below $100,000 that are now under contract and [...]

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