Sales of home sites along the Snake River have been driving a huge bump in sales volume so far in 2012. Vacant land sales in Jackson Hole in 2012 have already exceeded the entirety of 2011 with more than four months remaining. And 2010. And 2009. And, with just one more sale this year, Jackson Hole building site closings will also exceed 2008. With seven closings already reported in August, unit sales...
Rafter J
Building sites accounted for a third of all Jackson Hole real estate units sold in January, continuing a trend of steadily increasing land sales and stirring hopes for resurgence in the local construction industry. Teton County, Wyoming, total sales volume reached approximately $26.3 million* on 18 unit sales in January, reflecting a slight drop from the 22 sales for $28 million the previous year. Last...
For a model of consistency prior to and after the beginning of the current recession in September 2008, Melody Ranch is hard to beat. A September 13 closing on a 4-bed, 2,320-square-foot home listed at $729,000 was the 14th in the last 12 months. During the previous 12 months, from October 2009 to October 2010, there also were 14 sales. The three years prior to that saw 10, 10 and 13 sales respectively,...
October real estate sales in Jackson Hole were strong, totaling approximately $29.4 million on 24 completed transactions. However, the month fell short of October 2009, the strongest month of that year, when there were 29 transactions for approximately $37.2 million, according to Teton County Multiple Listing Service. As has been the trend this year, the high end of the market (sales above $1.75 million...