Teton Realty Today

Category Archives: Market statistics

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. [...]

By Brian Siegfried | Also posted in Hotsheet Highlights, Neighborhood analysis | Tagged , , , | Comments (0)

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 [...]

By Brian Siegfried | Also posted in Hotsheet Highlights, Jackson Hole scenic | Tagged , , , | Comments (0)

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 [...]

By Brian Siegfried | Also posted in Local news, Neighborhood analysis | Tagged , , , , , , , | Comments (0)

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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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 [...]

By Brian Siegfried | Also posted in Hotsheet Highlights | Tagged , , , , , | Comments (0)

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 [...]

By Brian Siegfried | Tagged , , , , , , | Comments (0)

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 [...]

By Brian Siegfried | Also posted in Hotsheet Highlights, Jackson Hole scenic | Tagged , , , , , , , | Comments (0)

June sales signal strong summer

July 5, 2011 – 11:44 am

June was yet another solid month for real estate sales in Jackson Hole, with 20 residential closings reported for a total sales volume of approximately $23 million. Additionally, there were six building site sales reported to Teton County Multiple Listing Service for approximately $11 million in volume. Leading the way was the sale of Ranch [...]

By Brian Siegfried | Also posted in Jackson Hole scenic, Neighborhood analysis | Tagged , , , , , | Comments (0)

Jackson Hole’s low end reverts to 2000

June 9, 2011 – 12:24 pm

Turns out there really are $100,000 bills, and they have a picture of Woodrow Wilson on them. Thank you, Wikipedia. When I wrote on jhpropertyguide.com earlier this week about the recent price reductions on a pair of 2-bed condos to at or below $100,000, the mention of such a denomination was only meant to be [...]

By Brian Siegfried | Also posted in Local news, Neighborhood analysis | Tagged , , , , , , , , , , , , | Comments (0)

By the numbers: The Jackson Hole single-family home market

May 23, 2011 – 3:22 pm

A home can be any dwelling from a studio condominium to a sprawling mansion, but most people’s idea of a home, and the meat of the Jackson Hole residential market is a freestanding single-family house. There are currently 285 single-family homes listed in Teton County Multiple Listing Service, or about 62 percent of the 455 [...]

By Brian Siegfried | Also posted in Hotsheet Highlights, Neighborhood analysis | Tagged , , , , , | Comments (0)