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...

Gulp! Buyers gobble up only Jackson Hole home below $225,000

This 2-bed home in Melody Ranch is one of 14 single-family homes available for less than $500,000 in Jackson Hole. The recent listing of a 2-bed condo in Town of Jackson for $124,900 provides insight into the current entry-level real estate market in Jackson Hole. Located in Ponderosa Village, a mid-1970s development with more than 60 units, the 644-square-foot property immediately received a half dozen...

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...

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