New homes bolstering Jackson Hole inventory

Teton views often are at the top of the list for vacant lot buyers in Jackson Hole. During the recession, new home construction came to a virtual standstill in Jackson Hole with just 23 building site sales in 2009 and 29 in 2010. Since then, however, vacant land sales have been rising steadily, hitting 77 in 2012, 80 in the last 12 months and 14 thus far in 2013. Statistics released this month and...

February sales fab as volume jumps 131%

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...

Teton Village: Mid-season real estate report

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...

Sales rise in January, but high end takes break

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...

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