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Gill Addition: Jackson Hole’s hottest address

Town of Jackson real estate sales have been strong, with 156 sales during the last 12 months. The property listing in the Gill Addition near downtown Jackson wasn’t very large, with about 1,200 square feet, two smallish bedrooms and a single bathroom. Certainly it was not new or in superior condition, having been built in 1957 with few updates over the ensuing 56 years. Also not enticing for potential...

Happy old year: Huge 2012 rebound grounded in value, confidence

There were 48 property sales at the base of Jackson Hole Mountain Resort in 2012. Riding a huge year-end wave of activity, Jackson Hole real estate surged in 2012 with unit sales and volume comparable to the height of the real estate bubble. After a post-recession dip to 203 unit sales for $229 million in reported sales in 2009, according to Teton County Multiple Listing Service, there were 430 sales in...

November: Unit sales rise 25%, volume up 11%

Jackson Hole Mountain Resort upgraded its Casper Lift this season to a new high-speed quad. Just one. And a small one at that. November was another month of strong sales numbers for Jackson Hole real with 39 residential and building site sales for approximately $37.6 million, but for the first time in memory the number of unreported sales prices is just one. Not sure what the overall significance of...

BOOM! July sales blow up to $50 million

July was hot – so hot that the Fourth of July fireworks shows in Jackson Hole were cancelled due to extreme fire conditions. Real estate sales were even hotter, as volume reached approximately $50 million on 38 sales, both high water marks since 2008. Driving the sales volume were the closings of a 0.14-acre building site in Teton Village listed at $13.5 million and a ski-in/ski-out home on the slopes...

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