For such a large (more than 200 homesites, most of them developed) and established (more than 40 years) community, the current inventory of active listings in Jackson Hole Golf & Tennis is surprisingly homogenous. Of the 12 available properties, 8 are priced between $1.195 million and $1.525 million. Additional interesting facts include: Ironically, the only residential property on this list that...
Hotsheet Highlights
Last I checked, May real estate sales for Jackson Hole were strong with 21 closings after the first three weeks. A preliminary look at the last 10 days of the month shows another 9 closings totaling approximately $8.6 million, bringing the monthly total to approximately $37 million. Two-word analysis: Consistent, stable. Best of all, sales continue to represent all market segments from short-term...
Two significant price reductions over the weekend highlight today’s Teton County Multiple Listing Service Hotsheet. A 2-bed, 1-bath, 865-square-foot Meadowbrook condo is now a short sale listed at $219,500, down from $359,500 after 410 days on the market. That is $253 per square foot. At this price, the monthly payment on a 30-year mortgage is comparable to what these units rent for. In Teton...
A flurry of closings in the past week has bumped the monthly totals for Jackson Hole real estate sales in May, as of today, to 21 units for a volume of approximately $28.5 million.* Additionally, there are currently 14 pending properties with list prices totaling more than $27 million, which bodes well for June and the rest of May. All figures are according to Teton County Multiple Listing...