![\"There](\"https:\/\/www.jacksonholerealestatetoday.com\/wp-content\/uploads\/2009\/12\/Snapshot-2009-12-22-14-11-382-300x169.jpg\" "\\"Snapshot")
Sotheby\u2019s provided its monthly update last Wednesday, with a focus on year-to-date sales from the Teton County Multiple Listing Service. The report also includes data on consumer confidence, consumer price index, unemployment and a look at Teton Valley, Idaho. Contact me for a copy of the entire report.<\/p>\n
Jackson Hole real estate sales continued to be consistent but subdued, with 23 sales in November for $19.243 million. However, with just 175 unit sales and a total sales volume of $201 million year to date, it is clear 2009 will go down as the weakest real estate market of the decade. Key stats include:<\/p>\n
- \n
- Year-to-date unit volume declined 35 percent compared to 2008, the second slowest year since 2001, and 68 percent compared to 2007.<\/li>\n
- Sales volume is down 56 percent compared to 2008 and is off 73 percent from 2007.<\/li>\n
- November marked the fourth month in the last five with at least 22 sales. On the other hand, there were just 18 sales in the entire first quarter of 2009.<\/li>\n
- Average sales price lagged 2008 for the fourth consecutive month and for eight of the last 10. Just five of the 23 sales in November were for more than $1 million, compared to 12 of 29 in October.
<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
Sotheby\u2019s provided its monthly update last Wednesday, with a focus on year-to-date sales from the Teton County Multiple Listing Service. The report also includes data on consumer confidence, consumer price index, unemployment and a look at Teton Valley, Idaho. Contact me for a copy of the entire report. Jackson Hole real estate sales continued to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[164],"tags":[154,165,263],"class_list":["post-206","post","type-post","status-publish","format-standard","hentry","category-market-statistics","tag-jackson-hole-real-estate","tag-multiple-listing-service","tag-november-sales"],"yoast_head":"\n
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