There are now 20 active residential listings in the Town of Jackson listed below $300,000, which is 20 more than were available in 2008. However, until today, when a bank-owned 3-bed, 1,400 square foot townhouse in West Jackson was reduced to $299,000, not one of them included an enclosed garage. So what is a garage in Jackson worth? Well, most off-the-cuff answers might depend on how far below zero the...
Jackson Hole
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...
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...