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...
Hotsheet Highlights
The annual Cutter Races, held this weekend in Melody Ranch, is pure Jackson Hole. Jackson Hole Mountain Resort is in full swing this President’s Day weekend, awakening from its mid-season, post-holidays nap. With another season of strong snowfall among the deepest in the Rockies, bookings at Teton Village hotels are solid through mid-March. Real estate activity also is strong, with five closings since...
Jackson Hole has been a winter wonderland of late, with both crisp and clear days and huge storms that last days. The Jackson Hole real estate market may have partied like it was 2007 in December, but only high-end buyers seemed to feel a January hangover. Unit sales for the month increased from 22 to 24 (9 percent) compared to 2012. However, sales volume dropped dramatically from $33.2 million...
When all the numbers are finally tallied, 2012 will be the most explosive year for real estate sales in Jackson Hole since 2007. The snow is deep at Jackson Hole Mountain Resort, the hotels in Teton Village are full, and it’s tough to get a reservation at the valley’s best restaurants. But the busiest bees in Jackson Hole this week aren’t lifties, valets or servers. Working the hardest during these...