The action continues to be steady in the single-family home segment of the Jackson Hole real estate market. Today’s Teton County Multiple Listing Service Hotsheet reports: Two CLOSED transactions in Melody Ranch. A 4-bed, 3-bath, 2,788-square-foot home built in 2008 sold for $870,000 after 92 days, originally listed at $1,075,000 (19 percent off). A 4-bed, 3-bath, 2,137-square-foot home built in 2000...
Melody Ranch
With Thanksgiving behind us and December over the next horizon, Jackson’s sleepy season is over. The Jackson Hole Mountain Resort is open, winter residents are filling the streets, shops and restaurants and activity on the near-dormant Teton County Multiple listing Service daily Hotsheets is on the rise again. Hotsheet Highlights: A 4-bed, 3-bath, 2,592-square-foot new listing in Melody Ranch for...
Today’s Hotsheet provided a microcosm of what has definitely become a trend in the last several weeks – new listings in Teton County are slowing to a trickle while closed and pending sales are steadily increasing. A review of Multiple Listing Service activity in the last 24 hours shows just one new listing, compared to two closings and 4 under contract listings. The under contract listings...
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...