A home can be any dwelling from a studio condominium to a sprawling mansion, but most people's idea of a home, and the meat of the Jackson Hole residential market is a freestanding single-family house. There are currently 285 single-family homes listed in Teton County Multiple Listing Service, or about 62 percent of the 455 residential properties. Active condo listings, for comparison, number 125,...
Hotsheet Highlights
Of the 19 sales thus far in January in Jackson Hole, 13 have been for Jackson Hole properties closed below $1 million. However, average sales price remained well above this benchmark at $1.29 million thanks to four properties closing at or above $3 million. Though premature, with a day remaining in January and sales for the month often reported several days later, a look at January 2011 sales already...
At the end of 2009, the yearly real estate sales chart for Jackson Hole properties looked like a ski run on a hanging snowfield. Beginning with the peak in 2005 of more than $700 million in sales, the numbers steadily deteriorated to approximately $225 million in sales in 2009. But what lay below? A cliff, level ground or a return to the “heights” of relatively mediocre sales years like 2003? With...
While the focus today, the day after Thanksgiving, is on retail bargains like $99 flat screen TVs, a look at the Jackson Hole real estate inventory reveals the best buying environment in years. One barometer I’ve been tracking for the last two years is the number of residential properties in Teton County listed below $300,000. Today there are 35 such properties with 29 of them in Jackson. In April...