The following stats were provided by the Chamber of Commerce and compiled internally at Jackson Hole Sotheby’s. Only a few are directly related to real estate, but all play a role in the greater regional economy. Overall, most of the figures mirror the Jackson Hole real estate market: stable and better than 2009, but still struggling to regain the mojo of the middle of this decade. However, there is...
Jackson Hole
I'm sitting in one of Jackson Hole's most scenic offices this afternoon. That picture to the right was taken earlier this month at Bar BC Ranch just up the road from the sales office, where I'll be until 6 p.m. today. While I have not seen a rainbow at the ranch this summer, I almost always enjoy a quiet afternoon of watching the clouds float by the Tetons and the north end of West Gros Ventre Butte....
While the overall Jackson Hole real estate market has seen resurgence in 2010 (at least compared to the anemic 2009), the lower end of the market has not participated. Earlier this week I wrote on jhpropertyguide.com about the ballooning inventory of Teton County homes listed below $300,000, which is at its highest point in several years with 34 available properties. On April 27 of this year that number...
Two price reductions on today’s Teton County Multiple Listing Service Hotsheet have lowered the bar to entry in the regional housing market. The first is a 464-square-foot studio in Teton Village built in 1972 that is now listed at $149,000. This Sleeping Indian condo - which is now the lowest-priced full-ownership free market home in Teton County - is bank-owned and reduced from $189,900 after 162...