The welcome mat is out for March visitors to Jackson Hole. There were 27 real estate sales in Jackson Hole in February, six more than in 2012, but only two closed below $250,000 and five for less than $500,000. Not surprisingly, this led to a whopping 131 percent increase in sales volume with monthly sales hitting approximately $40 million. Why the slow down on the low end? Partly because of a lack of...
Teton Village
The annual Cutter Races, held this weekend in Melody Ranch, is pure Jackson Hole. Jackson Hole Mountain Resort is in full swing this President’s Day weekend, awakening from its mid-season, post-holidays nap. With another season of strong snowfall among the deepest in the Rockies, bookings at Teton Village hotels are solid through mid-March. Real estate activity also is strong, with five closings since...
Jackson Hole has been a winter wonderland of late, with both crisp and clear days and huge storms that last days. The Jackson Hole real estate market may have partied like it was 2007 in December, but only high-end buyers seemed to feel a January hangover. Unit sales for the month increased from 22 to 24 (9 percent) compared to 2012. However, sales volume dropped dramatically from $33.2 million...
This 2-bed home in Melody Ranch is one of 14 single-family homes available for less than $500,000 in Jackson Hole. The recent listing of a 2-bed condo in Town of Jackson for $124,900 provides insight into the current entry-level real estate market in Jackson Hole. Located in Ponderosa Village, a mid-1970s development with more than 60 units, the 644-square-foot property immediately received a half dozen...