SINGLE FAMILY "SOLD" SINCE 1/1/2009

Statistical 2010 Market Analysis

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Total Sq. Ft.	List Price Per Total Sq. Ft.	Sold Price Per Total Sq. Ft.	Agent Days On Market
Closed	168	67,063,552	57,845,048	Low Avg High	76,900 399,188 2,195,000	1 359,286 1,740,000	0.00 0.93 1.18	707 2,633 6,876	40.39 154.84 564.97	0.00 139.78 468.12	0 218 911
Overall	168	67,063,552	57,845,048	Low Avg High	76,900 399,188 2,195,000			707 2,633 6,876	40.39 154.84 564.97		0 218 911

Information is deemed to be reliable, but is not guaranteed. © 2010 MLS and FBS.
Prepared by Tom Bivins on Friday, January 01, 2010 10:43 AM

Under Contract or Pending Sales

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Total Sq. Ft.	List Price Per Total Sq. Ft.	Sold Price Per Total Sq. Ft.	Agent Days On Market
Pending	22	7,797,300	0	Low Avg High	154,900 354,423 979,000	0 0 0	0.00 0.00 0.00	1,120 2,335 4,532	77.54 154.16 407.92	0.00 0.00 0.00	21 190 904

Specified listings from the following search: Property type Residential; City of 'Alta', 'Driggs', 'Tetonia', 'Victor'; Pending Date between '1/1/2009' and '4/15/2019'; Status of 'Pending'.

Information is deemed to be reliable, but is not guaranteed. © 2009 MLS and FBS.
Prepared by Tom Bivins on Wednesday, December 02, 2009 2:25 PM

Active or FOR SALE

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Total Sq. Ft.	List Price Per Total Sq. Ft.	Sold Price Per Total Sq. Ft.	Agent Days On Market
Overall	443	254,785,430	0	Low Avg High	60,000 575,136 17,000,000			528 2,490 16,500	56.63 229.48 1,700.00		1 341 1,246

Selection Criteria for Comparable Properties

Specified listings from the following search: Property type Residential; City of 'Alta', 'Driggs', 'Tetonia', 'Victor'; Status of 'Active'.

Information is deemed to be reliable, but is not guaranteed. © 2009 MLS and FBS.
Prepared by Tom Bivins on Wednesday, December 02, 2009 2:42 PM

Teton Valley Foreclosure Outlook

Right now 12-02-2009, there are an increasing number of properties listed as banked owned or REO in the Teton Board Of Realtor's MLS (multiple listing service) for Teton Valley. The Teton Springs resort community leads the way in short sale and foreclosed property listings and sales. Teton Springs is by far and away the premiere community in Teton Valley, Idaho. Teton Springs as a development has no peer in the Teton Valley as all of the infrastructure and amenities are complete. The level of excellence is as good as it gets. The good news is now the market is shedding the distressed properties and prospective buyers have opporunities like never before.

Teton Valley foreclosures listed for sale are on the increase and the potential for more REO (bank owned) listings is certain. The market timing seems to be 18 to 25 months behind similar mountian resort markets in California and Nevada. The foreclosure wave is mostly confined to a couple of subdivisions who broke ground at the beginning of the boom. I suspect Teton Valley will be peppered with REO listings through 2009 and will look like the national average percentage wise by mid 2010.

Email: Tom Bivins