Not quite halfway through April, but not too early to take a look at how this month is shaping up for real estate sales and pending sales in Jackson Hole. According to Teton County Multiple Listing Service, there have been seven recorded sales and an additional eight pending sales in April thus far. The biggest ticket item is a slopeside Four Seasons unit listed at $4.495 million that went under...
Hotsheet Highlights
After nearly two years since the last sale of a building site in Melody Ranch, a new listing today for a .33-acre lot in Melody Ranch for $399,000 turns back the clock to August 2005. It was during that month that eight building sites in this neighborhood sold for between $370,000 and $395,000. By September 2005, the price for one of these lots – nearly all between .3 acres and .7 acres – had risen...
Last I looked, Jackson Hole real estate sales for March were off to a strong start after a big finish to February. With a week still to go in the month, I revisited the monthly sales totals and pending listings to see how March was shaping up. I knew the month had been busy - after all it is the height of the winter selling season - but just how busy surprised me. So far this month there have been 17...
A price reduction reported on today’s Hotsheet on a 3-bed, 2-bath, 1,360-square-feet single-family home in Rafter J is a microcosm of how far values in this neighborhood have fallen. Now listed at $459,000, this home last sold in August 2007 for $600,000, which was $32,500 above the list price, after 67 days on market. In May 2008 it was relisted at $795,000, but did not sell after 371 days on market...