Building sites accounted for a third of all Jackson Hole real estate units sold in January, continuing a trend of steadily increasing land sales and stirring hopes for resurgence in the local construction industry. Teton County, Wyoming, total sales volume reached approximately $26.3 million* on 18 unit sales in January, reflecting a slight drop from the 22 sales for $28 million the previous year. Last...
Cottonwood Park
It may be hard to imagine today, but in 1984 when the first Cottonwood Park homes were under construction, the southwestern corner of Jackson looked almost as rural as the ranch lands that define the landscape south of High School Road today. There were no sprawling school campuses with synthetic sports fields. No apartment complexes. No big box supermarket or department store. The “X” at the...
A home can be any dwelling from a studio condominium to a sprawling mansion, but most people's idea of a home, and the meat of the Jackson Hole residential market is a freestanding single-family house. There are currently 285 single-family homes listed in Teton County Multiple Listing Service, or about 62 percent of the 455 residential properties. Active condo listings, for comparison, number 125,...
For the first time this year, monthly sales of real estate in Jackson Hole are in danger of not outperforming the same month in 2009. As of the 23rd, June sales reported by the Teton County Multiple Listing Service total just nine with a total sales volume of $5.165 million. June 2009 included 16 sales for $14.2 million in sales volume. May 2010 was strong for real estate sales in Jackson Hole, with 31...