This picture was taken from the north side of High School Butte last week while shooting commercial real estate photos of a property in West Jackson. In the foreground is Poodle Ranch. Beyond Highway 22 are the ranches of Spring Gulch with West Gros Ventre Butte and the snow-capped Tetons in the...

The least expensive free-market home in Melody Ranch went under contract over the weekend after 448 days on the market. Originally listed at $1,075,000, this 4-bed, 2.5-bath, 2,137-square-foot home on .35 acres was listed for $835,000, a discount of at least 22.7 percent. For perspective, this home closed for $570,000 in September 2002. This continues what has been a dramatic downturn in values during...

Recently reported statistics from October show the month was the best of the year for Teton County real estate, with 29 units sold through the Multiple Listing Service for $37.27 million. Only March and July of this year also saw sales higher than $16 million, with each recording sales of approximately $33 million. On the other hand, 2009 is sure to be one of the slowest years for real estate sales in...