Jackson Hole real estate; Teton County; October sales

Q3 report for Jackson Hole real estate: YTD volume mirrors 2003

Looking at monthly real estate sales in Jackson Hole can be misleading due to the relatively small sample sizes, especially when it comes to statistics like average sales price and months of inventory. For example, Teton County recorded an average sales price of $2.112 million in September, a rise of 258 percent from the September 2009 average of $590,000. Quarterly sales, on the other hand, provide a...

June sales hit 21 in Teton County

Three sales reported in the last two days of June helped push total unit sales to 21 and sales volume for the month to $29.9 million. These included 14 residences, five building sites and two commercial transactions. The good news is that June sales in 2010 exceeded June 2009 by five sales and more than twice the volume; the not-too-good news is that last month represented a slight cooling of the market...

How low can Jackson’s low end go?

Just one year ago there were but a handful of full ownership properties listed for sale in the Teton County Multiple Listing Service for less than $300,000. A quick search today finds there are now 26 such properties. Some of the highlights of these listings include: The least expensive is a 2-bed, 1-bath, 800-square-foot unit located on Deer Drive about 2 miles south of Jackson. Newly listed today at...

Melody Ranch in motion

The least expensive free-market home in Melody Ranch went under contract over the weekend after 448 days on the market. Originally listed at $1,075,000, this 4-bed, 2.5-bath, 2,137-square-foot home on .35 acres was listed for $835,000, a discount of at least 22.7 percent. For perspective, this home closed for $570,000 in September 2002. This continues what has been a dramatic downturn in values during...

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