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...
Hotsheet Highlights
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...
October real estate sales in Jackson Hole were strong, totaling approximately $29.4 million on 24 completed transactions. However, the month fell short of October 2009, the strongest month of that year, when there were 29 transactions for approximately $37.2 million, according to Teton County Multiple Listing Service. As has been the trend this year, the high end of the market (sales above $1.75 million...