For the first time this year, monthly sales of real estate in Jackson Hole are in danger of not outperforming the same month in 2009. As of the 23rd, June sales reported by the Teton County Multiple Listing Service total just nine with a total sales volume of $5.165 million. June 2009 included 16 sales for $14.2 million in sales volume. May 2010 was strong for real estate sales in Jackson Hole, with 31...
Hotsheet Highlights
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...
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...