Vacant Land

SOLD LIST PRICE: $8,500,000

NORTH OF TOWN

In the land segment, the Q4 2022 inventory has increased by 18% vs Q4 2021, but there will always be limited availability to build as 97% of the land in Teton County is publically owned or protected by conservation. Both dollar volume and transactions are down by 50% and 70% respectively. The trend of increasing average sales price continues to $4.9M, up 68% vs Q4 2021.

As land continues to trade swiftly, days on the market followed suit dropping 62%. Cash continues to reign as the primary mode of transaction, with only 16% of transactions using conventional financing.

Number of Transactions 45

Total Dollar Volume $220,951,279

Minimum Price Sold $610,000

Maximum Price Listed $32,000,000*

Average Sale Price $4,910,028 Median Sale Price $2,995,000