You are here: Home / Archives for Jackson Hole real estate

Year-end rush for Jackson Hole real estate

December 26, 2012 By Leave a Comment

When all the numbers are finally tallied, 2012 will be the most explosive year for real estate sales in Jackson Hole since 2007.

The snow is deep at Jackson Hole Mountain Resort, the hotels in Teton Village are full, and it’s tough to get a reservation at the valley’s best restaurants. But the busiest bees in Jackson Hole this week aren’t lifties, valets or servers. Working the hardest during these final days of 2012 are title company employees, home inspectors, Realtors, closing coordinators and anyone else who makes a living helping people buy and sell real estate.

Next week, when all the numbers for 2012 are in, it will be reported that it was a banner year for Jackson Hole real estate with the highest sales volume and unit sales since 2007. So far this year there have been more than 390 closings, far surpassing the 344 posted in 2011, and a significant increase in sales volume from $392 million.

How much of an increase remains to be seen and I will report the exact figures in January. The high water mark for unit sales will remain 2005 with 792 closings. Jackson Hole’s top sales volume year will still be 2007 when $792 million in sales were reported and most estimates put the actual number above $1 billion, but all in all 2012 will go down as a strong year in a recovering market.

More than 12 feet of snow in December means great backcountry skiing in the Teton Range. Pictured: Cody Peak, just south of Jackson Hole Mountain Resort.

Why the huge year-end surge? For some, it’s the chance to close on a property in 2012 and ahead of tax law changes that seem inevitable. For others, it’s the combination of depressed values, low interest rates and confidence in a stabilizing home market. And then there are those who, year in and year out, simply value all that Jackson Hole has to offer and have decided now is the time to get their little corner of paradise in the Rockies.

With about a week left in the calendar year, the 31 units for approximately $52.6 million in sales volume reported in December 2012 already compare well with 2011 when 32 sales were reported for $49 million. However, according to Teton County Multiple Listing Service there are 63 properties currently pending with a total list volume of more than $93 million.

In other words, the Daily Hotsheet will be downright smoking in the next few days. The fallout will be interesting with a slew of new information available to help buyers and sellers (and their trusted real estate professional!) better understand the market.

This will only help further stabilize values and I believe contribute to another strong market in 2013. What questions do you have about the current market and which way certain segments appear headed?

For example, what did the big year for vacant land sales mean to your plans to build a home in Jackson Hole? Which segments are seeing rising prices? Which segments are still losing value? What is your home worth? Do I know any bankers in the area that can discuss your loan potential? Will there be more or less distressed properties coming to market?

Please call today to begin your personalized Jackson Hole real estate discussion. All the best in 2013!

Filed Under: Hotsheet Highlights, Market statistics Tagged With: , ,

May flowers for Jackson Hole real estate

June 6, 2012 By Leave a Comment

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 properties sold for $12.2 million.

May saw six building site sales in Teton County, bringing the yearly total to 23, or 67 percent of the 34 that closed in all of 2011. Leading the way were two sales in Bar BC Ranch that were listed for a combined total of $15.4 million and two sales in Bar B Bar listed for a total of $11.45 million. All properties were between 35 acres and 53 acres and final sales prices were not reported to Teton County Multiple Listing Service. Sales figures above include 90 percent of list price for unreported sales.

Reported buildings site sales included a 0.89-acre site on the slopes of Jackson Hole Mountain Resort listed for $2.75 million and a commercial property in downtown Jackson bought by the town government for $2 million that will be used for much-needed parking.

The market below $500,000 also enjoyed continued consistency with 16, or 50 percent, of monthly sales. Highlights from sales in this market segment include:

  • Six short-term rental properties sold, including three in Teton Village, two in the Aspens/Racquet Club and one near Snow King in Jackson.
  • Several low-end, long-term rentals also changed hands. One of the best per square foot deal was for a 3-bed, 3-bath, 1,598-square-foot townhouse in Jackson listed for $285,000 that sold after just 136 days.
  • Similarly, a 2,436-square-foot, 4-bed, Freddie Mac-owned townhouse in East Jackson sold for approximately $150 per square foot.
  • Town of Jackson single-family home sales were strong with seven sales in May ranging from $399,000 for a 4,000-square-foot home built in 1972 to a 4,016-square-foot “Bristlecone” in East Jackson that sold for 56 percent more.

    Teton Pines enjoyed the only Jackson Hole golf property sale in May.

     

June and July also promise strong sales figures with 62 properties in Jackson Hole currently under contract. Nearly 25 percent (14) are listed below $300,000. Total list volume of pending properties is $44 million with an average list price of approximately $725,000.

Please contact me for a personalized Jackson Hole real estate market report.

Filed Under: Jackson Hole News, Market statistics Tagged With: , , , , , ,

Q1 Jackson Hole March-es out like a lamb

April 2, 2012 By Leave a Comment

Figures for first quarter Jackson Hole real estate sales show the market is plateauing after rising during eight of the ten previous quarters.

First quarter unit sales for Jackson Hole real estate will be down as much as 16 percent and sales volume nearly 40 percent compared to 2011, according to preliminary figures from Teton County Multiple Listing Service. This marks just the second quarter in the last 10 to see a decrease in year-over-year sales.

March marks the third consecutive month reported sales trailed the previous year, with 25 sales for $26.3 million compared to 32 units sold for $34 million in volume in 2011.

So what gives? After a strong Q4 2011, in which Teton County enjoyed a 37 percent increase in unit sales over 2010, it’s been easy to explain lagging numbers in January and February as slower but still solid. And March will probably see a few more closings added in the next few days to close the gap between this year and last.

Nonetheless, the trend has been toward flat unit sales growth and lower sales volumes and average sales prices. Is this the “new normal?” Probably, with reasons including:

Bears have been awaking from hibernation recently, including some looking to do some skiing at Jackson Hole Mountain Resort before it closes.

  • After the historical lows of 2009, it has been easy in recent quarters to post comparatively impressive gains. Q1 2011, for example, was one of the strongest three-month periods in recent years with a 57 percent increase year over year. Exceeding 2011 in 2012 would have required a very strong market.
  • The peak of the distressed inventory to hit the market in recent years has passed. Short sales and REO properties remain a big part of the inventory, but they are fewer and more concentrated at the lower end of the inventory.
  • The market has yet to rebound at the lower end. Prices have stabilized in large part, but declining or stagnant values are doing nothing to increase the supply of equity sellers.
  • More and more potential buyers are beginning to explore the process. I am seeing it personally and within my brokerage. Lower supply and a lending environment that remains very restrictive, however, will temper this rise in demand.
  • As of the first of the year, inventory priced below $3 million is down 13 percent.

There are 53 pending properties in Teton County MLS, including four building sites, indicating a continuation of steady unit sales. Amazingly, however, the median price of these pending listings is $399,000 with 34 of them listed below $500,000, which will also perpetuate the trend of lower sales volume.

One large caveat, however (which is standard for Jackson Hole real estate – just like the weather around here the extremes can fluctuate wildly from month to month), is the current list of pending properties does not include a large land sale not yet reported as under contract that will close in late April.

But that is what makes following Jackson Hole real estate so darned interesting! Contact me for personalized, real-time market research aimed at achieving your goals.

Filed Under: Hotsheet Highlights, Jackson Hole News, Market statistics Tagged With: , , ,

Nice blog post, but what about today’s Jackson Hole real estate news?

March 6, 2012 By Leave a Comment

Twitter is a powerful communication tool that allows me to provide daily market updates quickly and concisely. Handle: "@tetonrealtytoda" with no "y".

It’s on Twitter. And Facebook. Or, if we’ve already started a conversation about your Jackson Hole real estate goals, it’s in your email inbox.

This Web site remains a great place to read about monthly sales figures, market trends and see great pictures of Jackson Hole. Reading through the more than 100 stories from the last three years is like getting in a time machine set for the beginning of the recession. Unlike other Realtors and brokerages, Teton Realty Today always gives it to you straight, never blowing unwarranted sunshine or spinning the facts.

My Facebook page at "Teton Realty Today" is another great platform for daily Jackson Hole real estate updates, pictures and links to pertinent market information.

What you won’t find here, however, is the day-to-day market activity I report on Twitter and Facebook. On Twitter, @TetonRealtyToda (no “y”) has offered more than 500 market updates, the vast majority with links to current Multiple Listing Service pages. My Teton Realty Today Facebook page has many of the same links as well as fantastic pictures of Jackson Hole real estate, wildlife, activities and more. And unlike more recent imitators, the daily market observations at Teton Realty Today are clear, concise, consistent and contextual because they are an example of the work I am doing day in and day out for actual clients and customers.

For example, check out these daily updates posted in the last month.

  • Teton Village finally gets on the board (almost) in 2012 with a pending unit in Hotel Terra. Bank-owned, 3-bed, 1449-sq-ft unit listed for $999,000. Sold price will be of significant interest when/if reported. (Facebook)
  • Total of 11 #jacksonhole real estate price cuts since Feb. 1, all above $1M list price. Tells me low end has hit bottom. (Twitter)
  • Prelim Feb sales for #jacksonhole show 18 SOLD for $13.2m. Strangely, still no 2012 Teton Village sales. (Twitter)
  • Commercial property at corner of Millward and Broadway under contract. Will be interesting to see what happens with this highly visible downtown property that is the current home of The Boardroom snowboard shop (and right across from the JH Sotheby’s main office). (Facebook)
  • Link is to seven intriguing new listings today, including five below $500,000. Even more interesting on today’s Hotsheet are the five closings in Jackson Hole and what they say about the direction of the market in these segments. (Facebook)
  • Stalled Miller Park project back in gear with 2 more 1-bed pendings and new listing of luxury penthouse at $1.45m. (Twitter)

Are you still here? : )

Filed Under: Hotsheet Highlights, Jackson Hole News, Market statistics Tagged With: , , , ,

Land, bank, unreported sales lead Jackson Hole in January

February 5, 2012 By Leave a Comment

Sometimes it helps to just look at things from 10,000 feet, like the top of Jackson Hole Mountain Resort. Surprisingly, not one of the 18 sales in January were in Teton Village.

Building sites accounted for a third of all Jackson Hole real estate units sold in January, continuing a trend of steadily increasing land sales and stirring hopes for resurgence in the local construction industry.

Teton County, Wyoming, total sales volume reached approximately $26.3 million* on 18 unit sales in January, reflecting a slight drop from the 22 sales for $28 million the previous year. Last year ended with significant momentum as December tallied 32 sales for $48 million, a gain of 60 percent in units and 72 percent in volume from December 2011.

The six building site sales totaled approximately $8.9 million. Compared to the 34 reported sales for $33 million in Jackson Hole building sites in all of 2011, this market segment is off to a fast start in 2012.

A high number of unreported sales prices also stand out among the monthly sales. Final sales figures for four properties with list prices totaling $12.8 million were not reported, including a 35-acre building site in Crescent H listed for $5.9 million that was on the market for 1,603 days and originally listed for $8.5 million.

Several January snow storms have allowed Jackson Hole snow depths to be among the best in the Intermountain West this winter.

Several January snow storms have allowed Jackson Hole snow depths to be among the best in the Intermountain West this winter.

January’s Jackson Hole sales highlights include:

  • The least-expensive sale was a West Jackson 2-bed condo for $105,000. Bank-owned, sold for 96 percent of list after just 50 days.
  • The second least-expensive sale, also bank owned, was a 3-bed East Jackson townhouse that sold for 98.5 percent of list after just 40 days.
  • The highest residential sales price also was for a bank-owned property. The 5-bed, 6,700+-square-foot home near Wilson sold for 97 percent of its original list price of $3.5million after 78 days on market. Property was listed for $6.995 million in 2008.
  • A land sale in Rafter J also included a home to be built later this year, closing above $500,000.
  • A 3-bed home in Cottonwood Park closed for 100 percent of list price after just 56 days on market.
  • The fourth bank-owned sale was a lot in Karns Hillside on the market for 189 days and selling well below the original list price of $254,900.
  • The dog that did not bark: Teton Village saw no closings in January.

Contact me for details on the properties discussed or for a more personalized look at the Jackson Hole real estate market.

* Total assumes 90 percent of list price on sales with unreported sold prices. All sales figures provided by Teton County Multiple Listing Service and/or Jackson Hole Sotheby’s.

Filed Under: Jackson Hole scenic, Market statistics Tagged With: , , , ,

Lower prices, increased sales boost Jackson Hole real estate in 2011

January 6, 2012 By Leave a Comment

Land sales in 2011 were just one of the many indicators Jackson Hole real estate is enjoying a steady, stable recovery in almost all segments. This lot south of Wilson is new to market in January 2012.

It wasn’t real estate heaven, the market didn’t party like it was 2007, but overall Jackson Hole real estate was pretty darn good in 2011.

The calendar year ended last week with a total of 326 closings in Teton County, including 289 residential and 37 building site sales. The sum exceeds the 261 sales in 2010 by 26 percent. However, sales volume dropped in 2011 by 16 percent to approximately $323.5 million.

The jump in unit sales in 2011 followed a similar increase in 2010 of 29 percent compared to 2009, though 2010 also saw a 69 percent increase in sales volume from that terrible, horrible, very bad year that recorded just 203 unit sales for $229 million.

The 37 building site sales, up 15 percent from 2010 and 68 percent from 2009, echo the steadily improving residential numbers. Sales volume for vacant land in 2011 totaled $34.4 million, not including two unreported sales on Bar BC Ranch properties with a total list price of $19.5 million.

Nearly all market statistics indicate 2011 represented a strengthening market in which prices found bottom in most segments and more buyers got off the sidelines. And perhaps most encouragingly, this strength comes despite lingering limiting factors such as an unreasonably tight lending climate, local and global economic concerns and the simple fact that so many homeowners cannot sell for what they have into their property.

Sunrise at Jackson Hole Mountain Resort on a recent morning.

Highlights from 2011 real estate sales in Teton County, WY, include:

  • There were five sales at or below $100,000 in 2011, the first such sales since January 2000.
  • There were 45 residential sales in 2011 below $300,000. In 2008, for context, there was not a single sale reported by Teton County Multiple Listing Service below $300,000.
  • Eleven of the 12 sales below $130,000 were in two subdivisions: Ponderosa Village in West Jackson and Hillside Business Complex Condos, located about 2 miles south of Jackson.
  • Thirteen of the residential sales, or 4.5 percent, were not reported, as is the prerogative of the seller in Wyoming. The highest list price for a non-reported sale was $10.7 million for a 7,900+ square-foot home in Crescent H on 28 acres. These sales are not included in the annual sales volume figure above.
  • The highest reported sale in Jackson Hole in 2011 was $7.3 million for the much-publicized auction of the Bighorn Lodge near Jackson Hole Airport.
  • There were eight sales above $5 million; 21 above $3 million; 32 above $2 million; 85 above $1 million.
  • The median sale was $685,000, represented by a bank-owned Love Ridge condo in Jackson and a 2-bed Teton Mountain Lodge condo in Teton Village.

    Bar BC Ranch reported three sales during 2011 and four since December 2010, helping sustain modest growth in the vacant land segment.

  • Bar BC Ranch dominated the vacant land market, with three sales in 2011 and four since December 2010. Ranch 1, perhaps the finest building site in Jackson Hole at the confluence of the Gros Ventre and Snake rivers, was listed for $10.5 million and sold on Dec. 30 for an unreported price.
  • The least-expensive land sale in 2011 was for six acres in Alta, WY, that changed hands for $165,000. The least-expensive sale on the Wyoming side of the Tetons was a bank-owned, 0.33-acre lot in Melody Ranch for $199,900.

Without a doubt the current market remains challenging, placing a higher premium on research, market knowledge and due diligence. However, great opportunity exists for those determined to reach their goals. Contact me today to begin your Jackson Hole property search with a personalized market update.

Filed Under: Jackson Hole scenic, Market statistics Tagged With: , , , ,

Not quite ski-in, ski-out Jackson Hole condos driving resurgence

December 18, 2011 By Leave a Comment

Berry Patch condos in the Aspens are now listed below $300,000 after selling for more than $500,000 in 2007. These 1-bed units built in the 1970s offer a lower-priced opportunity to own ski property.

Currently there are 37 condos listed below $1 million in the Aspens/Racquet Club and Teton Village, with 20 listed below $500,000. While there are another 26 Jackson Hole condos listed above $1 million to nearly $4 million, the lower half of the market has driven the resurgence of ski properties in the last several quarters.

Through the first three quarters of 2011, Teton Village unit sales increased 78 percent to 50 while decreasing in sales volume 4.3 percent to $43.4 million. Since October there have been 12 sales in the Aspens and Teton Village, with all but one below $1 million.

Of course the closer to the lifts the better if skiing or snowboarding is a person’s main reason for owning property near Jackson Hole Mountain Resort. However, a condo doesn’t have to be ski-in/ski-out to earn solid rental income or be more than just a few minutes from lift service. Contact me for actual and/or estimated rental figures for these properties.

After a price reduction this week on a 1-bed, 1-bath, 736-square-foot condo in the Aspens to $289,000, there are now six such units listed for sale below $300,000. Located approximately three miles south of Jackson Hole Mountain Resort, these properties have for decades represented a popular entry-level ski property ownership opportunity. In 2007 these same units sold for more than $500,000.

Rather schuss right to your door in Teton Village? The only option below $300,000 is a 441-square-foot Teton Mountain Lodge studio. The next full ownership opportunity in the Teton Village core is a 1-bed, 580-square-foot condo in Snake River Lodge and Spa at $372,750. There are seven ski-in/ski-out condos listed for less than $500,000.

The only condo sale in Teton Village since October above $1 million was in Four Seasons in Jackson Hole.

The only condo sale in Teton Village since October above $1 million was in Four Seasons in Jackson Hole.

A closer look at the 63 active listings for condos on the West Bank of the Snake River includes these additional highlights:

  • The least-expensive Teton Village condo remains a 1-bed, 1-bath, 757-square-foot unit in the Gros Ventre building after 173 days on market. This is about a 5-minute walk (or quick shuttle ride) to the lifts.
  • The least-expensive Hotel Terra unit is a 1-bed, 782-square-foot unit listed at $399,000.
  • The least-expensive 2-bed condo is a 1,174-square-foot Aspens unit listed at $399,000. The least-expensive 2-bed condo in Teton Village is a 1,000+-square-foot unit in the Sleeping Indian building in South Teton Village on Michael Drive.
  • The highest sold price for a 1-bed, 1-bath Aspens condo was $620,000 in October 2008. Nine sold for more than $500,000 between 2006 and 2008.

Planning a visit to Jackson Hole this winter? Let me know when and I’ll make sure you are up to speed on area properties before you hit town. We can even have a showing itinerary arranged ahead of your visit. Initial meetings held on ski lifts will be given scheduling preference!

Filed Under: Market statistics, Neighborhood analysis Tagged With: , , , , , , ,

Teton Village, Four Seasons leading JH sales

November 4, 2011 By Leave a Comment

After a few slow years, is real estate at the base of Jackson Hole Mountain Resort about to blow up? Sales in Teton Village in the past week and during the last 12 months have contributed significantly to the slow but steady rebound of the Jackson Hole real estate market.

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 of the pending contracts are in Four Seasons in Jackson Hole, leaving just three active listings in this premier condo-tel.

Hotel Terra also saw some welcome activity, closing a 1-bed, 728-square-foot unit and pending a similar sized unit that has been on the market for more than 1,000 days. A price reduction on a 3-bed, 1,005-square-foot, lock-off unit to $649,000 may represent the next best deal going in this core Teton Village development.

Bolstering the recent sales activity is an internal Jackson Hole Sotheby’s report that notes a 78 percent year over year increase in unit sales in Teton Village to 50 during the first three quarters of 2011. Sales volume, however, dropped 4.3 percent to $43.4 million, reflecting that most sales were for lower-end condos and distressed properties. To wit, the fourth pending Teton Village property reported in the last week was for a 2-bed, 700-square-foot condo built in 1972 and listed for $279,000.

Teton Village sales during the first three quarters of 2011 show a significant increase in unit sales year over year while sales volume was flat.

Taking a look at the current Teton Village inventory (excluding fractional properties), there are 69 active listings. Highlights include:

  • The least-expensive condo is a 757-square-foot, 2-bed unit listed at $274,500 after 129 days on market.
  • Also listed for less than $300,000 is a 441-square-foot studio in Teton Mountain Lodge, one of eight active listings in this 10-year-old development.
  • The high end of the market in Teton Village is a 23,250-square-foot, 7-bed home listed at $29.5 million. Also notable is a more than 13,000 square foot, ski-in/ski-out home listed for $16.5 million in Granite Ridge.
  • Two Shooting Star cabin resales are listed in the $5 million range. Developer units also are available, but are not in MLS. Contact me for details on this premier neighborhood and additional inventory information.

    What recession? Sales in Four Seasons in Jackson Hole remained strong in recent years. There are currently just three active listings in this development after two units went under contract in the last week.

  • A 5-bed Granite Ridge Lodge listed for $3.7 million that is as close to the slopes as any ski-in/ski-out property in Teton Village.
  • Two Granite Ridge Cabins not on the slopes but about a two-minute walk away listed at $1.695 million and $1.624 million. There is nothing like these 2-bed, freestanding units and once they hit the market often sell relatively quickly.

Which properties do I think represent the best value? Contact me to discuss the Teton Village market or for a more personalized look at Jackson Hole real estate.

Filed Under: Jackson Hole News, Market statistics, Neighborhood analysis Tagged With: , , , , , , ,

September sales: Points, Trends and Patterns

September 20, 2011 By Leave a Comment

Condo sales have been driving the Jackson Hole real estate market in 2011. This slopeside unit at Four Seasons in Jackson Hole, however, is still on the market.

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 for approximately $48 million. Third quarter 2011 is on pace for approximately 80 sales and about $75 million in sales, which will essentially be flat in year-over year unit sales and reflect a significant drop in average sales price. The ASP drop, however, will be due mainly to several large sales in September 2010, which boosted the monthly sales volume to $110 million.

Pattern: Through the first two quarters of 2011, unit sales rose 28 percent to 150 while sales volume rose only slightly to approximately $165 million. In general, first quarter 2011 was very strong, with a 57 percent increase year over year in units and second quarter was lackluster, with only a 7 percent bump.

On my Facebook page for Teton Realty Today and my Twitter feed, the focus is on the latest price reductions, under contracts and closed listings. However, it has also been said that to know where you are going it is important to know where you’ve been. And in Jackson Hole, even the busiest years average less than two sales, or “points,” per day.

I am fortunate to be able to augment my personal research and daily market information with some powerful, deep research provided by my brokerage, Jackson Hole Sotheby’s. Though we are fast approaching the end of the third quarter of 2011, a recently released report on real estate sales in Jackson Hole through July offers additional observations on the underlying market currents.

This graph compares the first six months of 2011 with previous years' sales in Jackson Hole.

Highlights of the 29-page, fact-filled and graph-a-riffic, PowerPoint presentation, which I can provide directly to you upon request at tetonrealtytoday@gmail.com, include:

  • Average sales price declined 9 percent during the first six months of 2011 year over year, and in five of the six months, reflecting a trend toward lower end condos and single-family homes.
  • The area north of Jackson (near the Jackson Hole Airport) reported a 48 percent increase in unit sales and a 53 percent increase in volume year over year during the first six months of 2011, the strongest corner of Teton County.
  • Teton Village showed a 81 percent increase in unit sales but just 6 percent in sales volume. Again, condo sales, particularly low-end condos, have been driving the market with 50 percent of all residential sales during the first two quarters of 2011.
  • Days on market during the first six months of 2011 is up 38 percent on residential properties to 280 (240 for condos, 321 for single-family homes).

Please contact me for a personalized look at the Jackson Hole real estate market.

Filed Under: Hotsheet Highlights, Market statistics Tagged With: , , , , ,

What I said on Facebook

June 26, 2011 By Leave a Comment

Those who "like" Teton Realty Today on Facebook are treated regularly to pictures on new and/or interesting listings, links to daily market activity and an ongoing discussion of Jackson Hole real estate. This home on 20 acres is located in Hoback Ranches in Bondurant, WY.

The irony of this web site is that the busier the day-to-day activity in the Jackson Hole real estate market, the fewer in-depth posts I have time to write. June has been extremely active for me, hence only one post before this one, but coming soon are close looks at June sales, the first half of 2011 and 35-acre building sites in Teton County.

However, I almost always find time daily to pass along a quick look at Teton realty on Facebook and Twitter.  In the past few weeks I provided several Jackson Hole photos, numerous links to properties Teton County Multiple Listing Service and a forum for discussion of these items of interest.

Facebook status updates since June 20 included:

  • “This is the home in Hoback Ranches I previewed on Wednesday. Summer is finally here and this is one bee-yu-tiful part of Wyoming.”
  • “Took the photos for this new listing in Creekside in West Jackson that will be coming to market. Snow King views!”

    The back deck and Snow King views from a Creekside unit coming to market.

  • “It’s another Dutch Auction! Price will be lowered $5,000 a week until it sells. $1.025 million today. Where should we meet them with your offer for this sweet downtown Wilson pad?”
  • “Wanna live in a Berry Patch? New listing in this highly desirable corner of The Aspens. Is it priced well? What are the recent sales on these units? Glad to offer my informed opinion, with comps, on such questions.”
  • ”Buyers are buying … four pendings today in MLS, several solid sales also reported. What market segment are you following closely?
  • “In case you missed this post earlier this month on the still falling low end of the Jackson Hole real estate market.”
  • “Just the latest in our ongoing series, ‘What do you get for $300,000 in this town?’”
  • “Currently at Bar BC Ranch, kicking off the season for the sales office here. Will be an agent on duty all summer from 2-6 pm, though a tour can be arranged for whatever time works best for you.”
  • “Building site right on Fish Creek in Shooting Star now $3.895 million. Several new starts this spring in this relatively new Teton Village subdivision, which will eventually be one of Jackson Hole’s premier neighborhoods.”
  • “Some serious Jackson Hole eye candy! The Jackson Hole summer catalog of properties digital version is now available. Enjoy!”

So thank you for visiting Teton Realty Today the Web site regularly, but please also “Like” the TRT FB page to get a daily dose of hyperlocal real estate news and to join the discussion. When you are ready to buy or sell, contact me for a much more  in-depth, personalized look at Jackson Hole real estate.

Filed Under: Jackson Hole News, Uncategorized Tagged With: , ,
« Older Posts