While the focus today, the day after Thanksgiving, is on retail bargains like $99 flat screen TVs, a look at the Jackson Hole real estate inventory reveals the best buying environment in years. One barometer I’ve been tracking for the last two years is the number of residential properties in Teton County listed below $300,000. Today there are 35 such properties with 29 of them in Jackson. In April...
Teton Village
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...
The low end of the Jackson Hole market has been very active in recent weeks, with four closings at or below $300,000 since August 20. Not bad considering there have been just a dozen such sales since September 2009, according to Teton County Multiple Listing Service. There also are now five pending properties with list prices between $149,000 and $299,000. Why the flurry? After nearly two years of...
July marked the first month in 2010 with year-to-year sales below those in 2009. There were 18 real estate sales in Teton County in July for a total sales volume of $27.935 million, compared with 22 unit sales in July 2009 for $33.280 million, according to Teton County Multiple Listing Service. That was the headline during a market update presented on Wednesday at the Jackson Hole Sotheby’s weekly...