Jackson Hole Need to Know 12.30.13

View from Spring Creek Ranch atop East Gros Ventre Butte.

Weather: Very thin clouds that seem to be getting thinner, even though the radar indicates some moisture rotating our way from the north. Today’s JH links: It’s a quiet day in Jackson with a surprising dearth of news. One interesting piece is the push to legislate an additional $20 million in aid from the state […]

Jackson Hole land rush: Vacant land sales spiking in 2012

Sales of home sites along the Snake River have been driving a huge bump in sales volume so far in 2012.

Vacant land sales in Jackson Hole in 2012 have already exceeded the entirety of 2011 with more than four months remaining. And 2010. And 2009. And, with just one more sale this year, Jackson Hole building site closings will also exceed 2008. With seven closings already reported in August, unit sales for the year surged […]

May flowers for Jackson Hole real estate

Thinking about diving into Jackson Hole real estate? Strong May sales indicate there may be no time like the present.

Jackson Hole real estate unit sales jumped 52 percent in May to 32 and sales volume climbed a whopping 172 percent to approximately $32.2 million compared to May 2011. The month’s significant increases were driven by several high-end building site sales and a comparison to one of the weakest months in 2011 when just 21 […]

Big April for Jackson Hole real estate

Spring has finally sprung in Jackson Hole, with new listings, like this one in Melody Ranch, arriving as fast as aspen leaves.

Sales volume jumped approximately 22 percent in April to $40.6 million, compared to April 2011, on 26 unit sales. Jackson Hole real estate unit sales for April were flat year over year. The high end was very active in April compared to recent months that saw a surge in entry-level residences in Town of Jackson. […]

Quality lots driving uptick in Jackson Hole land sales

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, […]

August sales as extreme as Jackson weather

While the weather in Jackson Hole can vary widely, the last two months have featured the best weather on Earth, with daytime highs in the 80s, low humidity and big sky.

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 […]

April sales bring May-mentum

The top sale of April, for a home listed at $10.7 million, may have already been eclipsed by the pending sale of a Bar BC Ranch 35-acre building site listed at $10.9 million reported on May 3.

For the first time since 2007, Jackson Hole real estate unit sales reached 100 during the first four months of the year. After 23 sales in April for a total sales volume of approximately* $32 million, Teton County sales in 2011 now exceed $122 million, not far behind the $130 million recorded during this time […]

Watching the clouds float by at Bar BC Ranch

Photo by Gary Schmitz. Bar BC Ranch, centrally located in Jackson Hole at the confluence of the Snake River and Gros Ventre River, is a great place to watch the clouds roll by. This rainbow is seen from the east with the swan pond in the foreground and the Tetons providing a colorful summer backdrop.

I’m sitting in one of Jackson Hole’s most scenic offices this afternoon. That picture to the right was taken earlier this month at Bar BC Ranch just up the road from the sales office, where I’ll be until 6 p.m. today. While I have not seen a rainbow at the ranch this summer, I almost […]

End-of-summer sale for Jackson Hole real estate

A $1 million price reduction on one of the premier building sites in Bar BC Ranch is just one of several discounts on Jackson Hole real estate announced in recent days.

Everything must go! Shop now for best selection on deeply discounted inventory! With just a few weeks until September, the busiest month for sales in Jackson Hole, price reductions have dominated the Teton County Multiple Listing Service Daily Hotsheet this week. Since Monday, there have been 23 price reductions on residential properties priced as low […]