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| Jackson Hole Real Estate Market Blog |
| A complete Jackson Hole Real Estate market conditions blog helping industry professionals keep the community informed on our real estate market, MLS listings, featured property listings and all around general market knowledge |
| Language: English |
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Statistics |
| Unique Visitors: 2 |
| Total Unique Visitors: 23602 |
| Visitors Out: 117 |
| Total Visitors Out: 117 |
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| Luxury Jackson Hole Wy Ranch for Sale - Polar X Ranch |
| 2009-06-19 07:51:02 |
An amazing Jackson Hole property will be entering the Real Estate market next week. The gentleman’s horse property known as Polar X, which has undergone a massive, two year renovation and expansion, will be listed along with 3.5 acres and a beautifully restored 8 stall horse barn replete with an Olympic riding arena. The original home was built in 1975 on top of a small butte which overlooked the Puzzleface and Walton Ranches. Puzzleface Ranch, which is now protected by a conservation easement, affords the Polar X property a protected, northern view corridor all the way to the Tetons. Jackson developer and current owner, Ron Miller, walked the property in 2005 and was convinced that this was one of the best lots in all of Teton County. The Teton views were spectacular, the location ...
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| Jackson Hole Real Estate 2009 vs. 2008 First Quarter Report |
| 2009-04-21 12:47:26 |
Now that the first quarter of the 2009 Jackson Hole Real Estate market is behind us, I thought readers would be interested in a brief comparison between first quarter 2009 and first quarter 2008 as it relates to property sales in Teton County, and around Jackson Hole Wyoming.From the beginning of January to the end of March of this year, there were only 13 property sales recorded by the Jackson Hole MLS (Multiple Listing Service). This is a dramatic drop in real estate sales to 74% when compared to 2008 sales in which 49 closings occurred between January and April 2008, and an 89% drop when compared to 111 sales in that same time period in 2007.This lackluster sales quarter, as well as several before it, has created excellent conditions for cash Buyers who are looking for motivated Seller...
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| Great Time to Buy Real Estate in Jackson Hole Wy : 2 Recent Real Estate Deals Reviewed |
| 2009-04-01 08:18:25 |
Last month we closed on two properties in Jackson Hole. I admit this is not a very impressive sentence, particularly if it had been written in 2006 – or any year but this one. In fact, it probably would have been considered a very average month. But on this second week of March, it actually accounted for more than 20% of the Real Estate sales in Teton County Year to Date.I share this information only to demonstrate how much the market has slowed in the last 12 months and what a great time it is to invest in Real Estate in Jackson Hole. Last year, by the second week of March, 35 properties had closed in Teton County Year to Date and that was by no means a robust market compared to 76 closings in that same time span in 2007. That is not to say though that Jackson’s Real Estate mark...
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| Short Sales in Real Estate in and around Jackson Hole |
| 2008-05-30 15:32:25 |
When these two words "Short Sales" come up most people think about department stores selling off merchandise after or before a holiday. In our new Jackson Hole Real Estate market with volatile home financing it takes on a totally new meaning. In the new marketplace, homeowners find a nice piece of land surrounded by everything they have always dreamed about. Many of our buyers want to be located in a nice new future Resort Community which will have Golf, Swimming, Fitness, and hiking trails all around throughout the mountains around the location. With nice choices and possibilities of having a new home in a golf community, a buyer then goes to their local banker and applies for a construction loan wrapped around the lot purchase on a short term basis. Due to their good credit the buyer...
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| Changes Are Afoot in Teton Village |
| 2008-04-11 13:21:54 |
Teton Village, Jackson Hole’s premier ski resort, is undergoing one of the largest and most exciting transformations in its 40+ year history. Teton Village’s two iconic landmarks, the Aerial Tram and the Clock Tower, will be replaced this year with a larger, faster tram and an impressive new Clock Tower and Tram dock. In addition, Teton Village is also the home of a brand new, eco-friendly, luxury hotel that opened February 2008 and is also the site of Jackson Hole’s second five star hotel set for completion in 2010.Since Jackson Hole Mountain Resort’s beginning in 1967, no two landmarks have become more renowned than the Aerial Tram and the Clock Tower. The tram, affectionately known as the “little red box,” has given JHMR a leg up on competing ski resorts because of its uniq...
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| The Direction of Real Estate in Jackson Hole :: Part 2 |
| 2007-12-07 17:21:32 |
Now that the numbers are in from the first two thirds of the fourth quarter we can project the direction Real Estate is heading in Jackson Hole due to credit tightening on a national basis. We will compare October and November 2006 to the same time in 2007. The first area we will examine is Teton Village, one of the premier ski areas in North America. The average sales price in the village for condominiums jumped a hefty 83% from Oct and Nov 2006 to the same period in 2007. This we conclude is due to steep demand for the properties since many are ski in ski out, others are only moments from lifts. Investors like them due to their short term rental histories. Some properties in the village sell between nine hundred and one thousand dollars a square foot. Not exactly middle America....
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| Jackson Hole Real Estate :: Saddle Butte: Have Your Cake and Eat it |
| 2007-11-16 15:59:20 |
Because our Jackson Hole Real Estate agency works with a multitude of buyers across the United States looking to purchase property in the Jackson Hole area, it is typical to hear a pattern of similar requests. First and foremost, our clients want property with spectacular, jaw dropping views. Second, they want real estate property that is unique and carries an element of exclusivity. Third, they love wildlife and want it in and around the property. Lastly, and this is usually the kicker, they want to be in close proximity to town and all of its shopping, dining and urban accouterments. In short, they want it all and at a reasonable price to boot!Enter Saddle Butte. As the highest [elevated] deeded property in Teton County, owners here can see as far as the Yellowstone Plateau. In th...
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| The Direction of Real Estate in Jackson Hole: |
| 2007-10-07 21:49:05 |
By now unless you live in Tibet with Monks everyone has heard of the “Mortgage Crises” taking place in our country, the effects of which should not be down played. Real people are grappling with some serious problems out there. If you are trying to sell your home in New Jersey, you are finding that isn’t so easy. If the average person cannot sell in New Jersey, they cannot purchase in or around the Jackson Hole area. Leaving this point for a moment lets look at what is happening in real estate market of Jackson Hole. We can basically break this into two markets. The first market would be properties up to $1,999,000. The second market would comprise those properties at $2,000,000 forward.Looking at the first market we see there has been an approximate drop in third quarter sale...
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| Jackson Hole Real Estate Investment Advice |
| 2006-08-21 12:35:15 |
Investment Advice for Jackson Hole Real Estate Market Sometimes there is a false impression that speculation of properties in Jackson Hole are low risk opportunities because of our present high appreciation rates in this hot Real Estate market. Each investment opportunity is usually at high prices in Teton County and market conditions are sometimes variable. At present, many investments display a great track record of seeing good increases, especially in under-developed property in Jackson Hole. Each particular investment opportunity can cause high risk exposure if the market conditions change or the investors opinion and vision of a property is not correct. A Jackson Hole appraisal will give investors another opinion of value. Sometimes appraisals in Teton County come back at the sel...
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| Jackson Hole Real Estate Sales- Is the Real Estate market on the top of the curve? |
| 2006-06-27 14:15:23 |
Jackson Hole Real Estate Sales- Is the Real Estate market on the top of the curve?As we show property to our new buyers this summer, this question is always at the top of the list for the buyers and sellers in Jackson Hole. Nobody wants to get caught at the spike of a Real Estate trend and in hind sight regret a purchase he or she has made in this exclusive marketplace. Likewise a seller wants to sell at the peak if at all possible. It has been my observation that over the 23 years in the Real Estate that there have been at least two times in the past that prices actually dipped. One period was in the 1987-88 period when there was a stock market drop.This sent the economy in Jackson Hole in a tail spin for a year or two and then the prices began to increase again. Those property owners ...
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