Melody Ranch

August sales extend hot summer for JH property

Even this home, if it was priced right, might have found a buyer this summer. July was one of the best months in years for real estate sales in Jackson Hole. August was almost as strong, with 43 residential and building site closings for an approximate* sales volume of $48.4 million. August sales in 2012 easily exceeded the previous year, rising 53 percent in unit sales and jumping more than 75 percent...

Big April for Jackson Hole real estate

Sales volume jumped approximately 22 percent in April to $40.6 million, compared to April 2011, on 26 unit sales. Jackson Hole real estate unit sales for April were flat year over year. The high end was very active in April compared to recent months that saw a surge in entry-level residences in Town of Jackson. Ten of the sales were above $1.85 million, and in nearly every case the property sold after...

Feb: Unit sales flat as ASP plummets

It took a leap year to do it, but on the last day of February the 21st sale of the month tied unit sales for February 2011. Total Jackson Hole real estate sales volume, however, plummeted to just $17.3 million, or 55 percent of the $31.3 million recorded the previous year. Average sales price also fell dramatically to $753,000, one of the lowest monthly numbers in years. Indicatively, the final sale of...

Lower prices, increased sales boost Jackson Hole real estate in 2011

It wasn’t real estate heaven, the market didn't party like it was 2007, but overall Jackson Hole real estate was pretty darn good in 2011. The calendar year ended last week with a total of 326 closings in Teton County, including 289 residential and 37 building site sales. The sum exceeds the 261 sales in 2010 by 26 percent. However, sales volume dropped in 2011 by 16 percent to approximately $323.5...

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