Teton County, Idaho Archives - Page 20 of 27

Deal of the Week

January 10, 2017 By Tayson Rockefeller Leave a Comment

8120 Trout Bend Victor, ID

This 2200SF home in the popular Victor “Brookside Hollow” community in Victor boasts 5 bedrooms, dramatic vaulted ceilings, a large yard, and room to expand with a partially finished basement.

Why it’s a good deal:

Nicely appointed homes between 3 and 400,000 are getting hard to come by in the Victor area.

How much?

$340,000.

How quick will it sell?

Homes in this price range (especially in Victor) tend to sell quickly. I would anticipate a contract before Spring.

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December ’16 Market Stats & Year End Report

January 7, 2017 By Tayson Rockefeller Leave a Comment

Teton Valley 2016 Overview

Teton Valley including Alta saw nearly 200 residential single-family sales in 2016, an improvement from 2015, even though inventory remains low. Condo and townhouse sales were on par with the year prior, though prices have increased in various sectors in the Valley. The number of building site sales in the Valley increased by 10% in 2016, and the average sale price ended at over $120,000 for the month of December 2016.

Residential Snapshot

Homes in Driggs saw a 24% Improvement in absorption ratess, a 12% increase in the average sale price, and a 33% decrease in the average number of days on Market.

Victor saw similar similar absorption when compared to 2015, and a 10%increase in the average sale price. The average number of days on Market decreased by about 19%.

The Tetonia area also performed well with an 4% Improvement regarding absorption, and a 39% decrease in the average number of days on Market. Average sales prices were slightly lower than 2015, by about 2%.

Alta, WY sale price information is skewed due to the lack of available sales as with most years, and this is due to the number of available listings which has diminished as the market improves.

Teton County, WY 2016 Overview

Teton County Wyoming ended it’s year with a bang, with nearly 400 residential sales including condos, townhouses and timeshares.

Residential Snapshot

The Town of Jackson saw a small increase in terms of absorption rate change, and the average sale price did increase, but only by about 2%. The number of days on Market was almost identical to the year prior, around 4 months on average.

Wilson, WY saw a decrease in the number of days on Market, and also a decrease in the average sale price. Like the Alta, WY market, the Wilson market is small, and easily skewed by high dollar listings, or low inventory.

Congratulations to the team at Teton Valley Realty, closing 140 transactions in the Teton Valley Market in 2016, over 50% more than it’s closest competitor.

Here’s to a successful 2017!

Deal of the Week

December 13, 2016 By Tayson Rockefeller Leave a Comment

20 Acres overlooking Teton Reserve

Back on market, this 20 acre parcel offers convenient proximity to Victor, and borders BLS at an affordable price.

Why it’s a good deal:

Due to the nature of the Valley’s size and available land in the wooded foothills, there ae only a few properties like this that will ever be available. It offers a combination of pasture, foothills with elevated views, and privacy with BLM land to the East.

How much?

Back on Market & Price Reduced, 225k.

How quick will it sell?

It’s a bit tough to get a full understanding during the winter months, which will buy you some days on market, but if it does last until the snow thaws, it won’t be for long. Strap on some snow shoes and check it out!

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