2013 Real Estate Update
The Jackson Hole real estate headlines in 2013 were all about the lack of available inventory. With this factor, the overall market in Jackson Hole reported a unit volume increase of 23% with dollar sales volume relatively flat, down 1%.
The Jackson Hole real estate headlines in 2013 were all about the lack of available inventory. With this factor, the overall market in Jackson Hole reported a unit volume increase of 23% with dollar sales volume relatively flat, down 1%. While the luxury market in Jackson Hole, $3M and above, slowed slightly in the greater Jackson Hole Market, that was not the case at 3 Creek Ranch where sales activity was strong.
Most of the sales activity in 2013 at 3 Creek Ranch was in our Estate Sites. These sites range from 1.5 to 4.5 acres and are located along the northern and southern edges of 3 Creek Ranch. Estate Sites have natural mountain streams, large ponds and elevated views of the Teton Mountain Range. With 11 of these sites sold in 2013, it is notable that 9 sales went to existing owners at 3 Creek Ranch, illustrating the overall satisfaction the 3 Creek lifestyle offers. Our Cabin Homes are located in the heart of 3 Creek Ranch. On large lots averaging over one-half an acre in size, the Cabin Homes mingle with streams and fairways with Teton views. With the architectural plans developed by Carney Architects, they range from 3 to 5 bedrooms and up to 5,300 square feet. The sale of two Cabin Homes rounded out our year. Ninety percent of our Estate Home site owners were already 3 Creek property owners, which is a true testament to the 3 Creek Ranch lifestyle.
With our onsite team involved in every sale this year, either on list or sales side or both, we have unmatched insight into 3 Creek offerings and amenities. This has resulted in our firm completing nearly $37M in transactional sides in 2013. A majority of sales in 2013 were private sales and not part of the public MLS (Multiple List Service). For and up to date inventory of available or upcoming properties please contact Todd Domenico.
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