The Course The 3 Creek Ranch is private club located whose genesis is the result of a developer’s eye for grandfathered entitlements that permitted a 710-acre ranch property to be developed into a golf course only 1.5 miles from the incorporated limits of the Town of Jackson, the result of this undertaking is a private […]
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Golf Course Highlight Series: Teton Pines
The Course Teton Pines is a semi-private club with a private membership base, but is open to the public for play. The course is situated centrally on the Moose-Wilson Road (the access road to the Jackson Hole Mountain Resort), a location that offers both a proximity to recreational opportunities such as Snake River and National […]
Golf Course Highlight Series: Snake River Sporting Club
The Course The Snake River Sporting Club is private club located approximately 11 miles south of the incorporated limits of Jackson situated between boundaries of the Bridger Teton National Forest and the banks of the Snake River. This resort offers an 18-hole, 7,500-yard, Tom Weiskopf-designed course that was ranked the number one private golf course […]
Can the Market Continue Upward?
Teton County’s rate of appreciation typically outperforms national averages and even more so when you compare it to the national real estate markets. In 2016, an article I researched followed the sale of two townhome projects that were chosen for their uniformity in design, to remove property differences from the data set. Over the 25-year […]
A Closer Look at Property Appreciation in Teton County
In my previous post What’s Driving the Jackson Market – we established that Teton County’s lack of privately-owned land, combined with an exploding outdoor-oriented, remote-working demographic has applied a marked upward pressure on real estate pricing. As support for this, we gathered several examples of price growth shown through comparative sales and resale of the […]
What is Driving the Jackson Market?
The past year saw an explosion of the Jackson Hole real estate market, with residential real estate sales east of the Tetons in Teton County approaching $1.8 Billion dollars and the average price of a single-family home increasing 47% in 2020. Sotheby’s International Realty reported that the average price appreciation in Jackson Hole was the […]
Year End Market Update 2020
When viewing data through yearend 2020 (a composite of single-family homes, attached homes, and single-family homesites), the Teton County Real Estate Market set records in every category. After having a slow start to the sales year due to concerns over the Covid-19 pandemic, fourth quarter sales volume in many instances outpaced that of 2019 in […]
Year End Market Update 2019
When viewing data through yearend 2019 (a composite of single-family homes, attached homes, and single-family homesites), the Teton County Real Estate Market is noted to have reported a number of sales that is approximately 6% less in 2019 than that of the previous year. This change in volume is not viewed as a market contraction, […]
Year End Market Update 2018
Appreciation Continues to be Evident Amid Decreasing Inventory When viewing data through the mid-point of December 2018 (a composite of single-family homes, attached homes, and single-family homesites), the Teton County Real Estate Market is noted to have reported a number of sales that is approximately 12% greater in 2018 than that of the previous year. […]
Jackson Hole Market Update-Mid Year 2017
Number of Sales increases as Prices and Inventory Remains Tight – More Activity in Lower Segment of Market Shifts Overall Average Price Lower, Despite Continued Price Appreciation Being Noted in All Market Segments. Jackson Hole Market Update-Mid Year 2017 When viewing the residential real estate market as a composite of single-family homes, attached homes […]