We are seeing continued growth in the Teton Valley and surrounding areas. The average sales price for a single-family residence in Teton County Idaho during the month of July was over $365,000. This is a stark contrast to the average sale price throughout the recession.
Another surprising statistic is the number of building sites under contract and sold throughout the month of July 2016 in Teton County Idaho alone. With 21 building site sales last month, and 21 pending sale, that’s nearly what we saw sold throughout the entire year in 2011 at only 52 sales. 2010 produced exactly the same number of sales as 2011, just 52 land sales. Past 12 months sales are currently at 204 sales.

Notice how I worded the question above, and not “Should listing agents attend showings”. The reason is that I often hear this question from prospective buyer customers, or, customers working with another broker while I am attending a showing for one of my listings. If you only have had experience with real estate in the Jackson & Teton region (including Alpine & Star Valley) you are probably used to the fact that there will very likely be 2 agents at a home showing. The listing agent, and the agent working with the buyer. It’s a way of life out here, whether it’s a 100,000 dollar home or a 1 million dollar home.

