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...
December
At the end of 2009, the yearly real estate sales chart for Jackson Hole properties looked like a ski run on a hanging snowfield. Beginning with the peak in 2005 of more than $700 million in sales, the numbers steadily deteriorated to approximately $225 million in sales in 2009. But what lay below? A cliff, level ground or a return to the “heights” of relatively mediocre sales years like 2003? With...
Not surprisingly, the Teton County Multiple Listing Service daily hotsheet has been somewhat cool in the last week as focus has been on the holidays, family and travel. So I took a look at the activity so far in December. Highlights include: There have been eight December closings in Teton County for a total sales volume of $4 million, or an average of $500,000. One of the closings included an...