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...
Meadowbrook
Two significant price reductions over the weekend highlight today’s Teton County Multiple Listing Service Hotsheet. A 2-bed, 1-bath, 865-square-foot Meadowbrook condo is now a short sale listed at $219,500, down from $359,500 after 410 days on the market. That is $253 per square foot. At this price, the monthly payment on a 30-year mortgage is comparable to what these units rent for. In Teton...
Two years ago, the answer was “not much.” Today, the inventory of residential properties below $300,000 includes several properties in all corners of Jackson Hole. Click here for the 20 condominiums (and here for the five lowest price single-family homes, which begin at $375,000) currently in Teton County Multiple Listing Service with list prices below $300,000. While in 2008 the only Teton County...
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...