October extends trend: More units, less sales volume

Buyers continue to return to the Jackson Hole real estate market with a focus in 2011 on the low end. In October, for example, this was evident as unit sales (38) increased 31 percent year over year, while sales volume ($36 million) slipped 6 percent. A report produced by Jackson Hole Sotheby’s summarizing 2011 sales through October quantifies the recent trend toward more transactions for lower sales...

Teton Village, Four Seasons leading JH sales

Teton Village is already where it’s at, even though it is still three weeks until they power up the lifts at Jackson Hole Mountain Resort and the season’s first big snowfall remains beyond the western horizon. This week’s Teton County Multiple Listing Service Hotsheet reports four Teton Village properties under contract and one closing. Two of the pending contracts are in Four Seasons in Jackson...

Quality lots driving uptick in Jackson Hole land sales

In my most recent post on jhpropertyguide.com, I discuss the slowly improving market for building sites in Teton County. And by slowly I do mean S-L-O-W, with just 38 sales* in the last 12 months compared to an average of 125 in the five years between October 2003 and October 2008. The uptick is measurable, however, as the sales since October 2010 are an increase of 61 percent over the previous 12...

For many, fall is Jackson Hole’s finest season

Of the two shoulder seasons in Jackson Hole, fall is by far the more enjoyable. Days like today, at the exact midpoint of October, when the wind stays soft and the still-strong sun fights few clouds, are as good as it gets. The streets of Jackson are alive on a Sunday afternoon, but far more subdued than the throngs of summer. I'm in the office at our downtown Jackson office today. Autumn brings out...

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