After a snowy February with limited visibility, March has arrived in Jackson Hole with plenty of sunshine and extended vistas at Jackson Hole Mountain Resort. Today’s Jackson Hole real estate activity: NEW: Brookside Condominiums 1-bed, 405-square-foot condo built in 1992, listed by Jackson Hole Real Estate Company for $550,000. NEW: Elk Run 2-bed, 1,444-square-foot townhome built in 1994,...
The low end of the Jackson Hole market has been very active in recent weeks, with four closings at or below $300,000 since August 20. Not bad considering there have been just a dozen such sales since September 2009, according to Teton County Multiple Listing Service. There also are now five pending properties with list prices between $149,000 and $299,000. Why the flurry? After nearly two years of...
After last weekend’s close of a 1-bed, 1-bath, 766-square-foot unit in the Aspens/Racquet Club at $220,000, I took a closer look at this market segment. A quick look reveals this is the lowest price since October 2005 for what is perhaps the most common unit in this neighborhood dominated by short-term rental properties. Going back to this date in 2004, there have been 66 sales of these units that were...