Hotsheet Highlights

May sets pace for hot summer sales

Teton Village sales remained strong into spring. This 20,000+ square foot home at the base of Jackson Hole Mountain Resort will be auctioned July 12. How hot is Jackson Hole real estate? Muy caliente, mi amigo, muy caliente. With all the hustle and bustle of mid-June in Jackson Hole, the month of May seems like a very long time ago. However, the reported sales from that month are worth revisiting as...

Jackson Hole on a roll after strong April

Winter endures atop Glory Bowl, but in the valley the turn toward summer is clear. Stable. Healthy. Active. There’s really no other way to read the Jackson Hole real estate sales figures from April, when 45 properties sold for $32.5 million. Stability can be inferred by the fact that sellers collected 96 percent of list price in April. Also, only one sale price was not reported to Teton County...

New homes bolstering Jackson Hole inventory

Teton views often are at the top of the list for vacant lot buyers in Jackson Hole. During the recession, new home construction came to a virtual standstill in Jackson Hole with just 23 building site sales in 2009 and 29 in 2010. Since then, however, vacant land sales have been rising steadily, hitting 77 in 2012, 80 in the last 12 months and 14 thus far in 2013. Statistics released this month and...

February sales fab as volume jumps 131%

The welcome mat is out for March visitors to Jackson Hole. There were 27 real estate sales in Jackson Hole in February, six more than in 2012, but only two closed below $250,000 and five for less than $500,000. Not surprisingly, this led to a whopping 131 percent increase in sales volume with monthly sales hitting approximately $40 million. Why the slow down on the low end? Partly because of a lack of...

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