A flurry of closings in the past week has bumped the monthly totals for Jackson Hole real estate sales in May, as of today, to 21 units for a volume of approximately $28.5 million.*<\/p>\n

Additionally, there are currently 14 pending properties with list prices totaling more than $27 million, which bodes well for June and the rest of May. All figures are according to Teton County Multiple Listing Service.<\/p>\n

Bottom line: <\/strong>Jackson Hole real estate remains on a roll, with a steady increase in sales dating back to fourth quarter 2009. By no means is the market rebounding as sharply as it fell between mid-2008 and the subsequent year, but the evidence continues to mount that we have stabilized and are poised for growth. Contact me for detailed month-to-month sales analysis for the overall market and for different segments.<\/p>\n

Highlights from this month\u2019s sales include:<\/p>\n

\n
• A Four Seasons slopeside unit with 3 beds (really 4), 5 baths, and 3,440 square feet for $4.059 million.<\/li>\n
• * A 4-bed, 5-bath, 4,890-square-foot home in Tucker Ranch for an undisclosed sales price, though the list price was $4.75 million, unchanged after 328 days on market. The unreported sales price explains why the sales figure in the first graph is approximate.<\/li>\n
• A resurgence in \u201chigh-end\u201d properties with 8 sales north of $1 million. These homes were pulling much of the weight in the market in January, February and March, but slowed in late March and April.<\/li>\n
• Continued strength in the Jackson Hole \u201cmid-market\u201d of single-family homes with 7 sales between $500,000 and $1 million.<\/li>\n
• The first Cottonwood Flats 3-bed unit closed for $453,000, approximately 10 percent of list of $495,000. As regular readers know, I am a fan of this new development when it comes to value and quality. (And no, I am not involved in any way except as a buyer\u2019s agent!)<\/li>\n
• A 3-bed, 3-bath, 2,713-square-foot home on Spruce Drive listed once upon a time at $1.395 million sold for $750,000 after almost three years on the market.<\/li>\n<\/ul>\n

  Call or e-mail anytime with questions or more information.<\/p>\n","protected":false},"excerpt":{"rendered":"

  A flurry of closings in the past week has bumped the monthly totals for Jackson Hole real estate sales in May, as of today, to 21 units for a volume of approximately $28.5 million.* Additionally, there are currently 14 pending properties with list prices totaling more than $27 million, which bodes well for June and […]<\/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":[167,164],"tags":[279,307,154,296,346],"class_list":["post-443","post","type-post","status-publish","format-standard","hentry","category-hotsheet-highlights","category-market-statistics","tag-cottonwood-flat","tag-four-seasons-in-jackson-hole","tag-jackson-hole-real-estate","tag-teton-county-multiple-listing-service","tag-tucker-ranch"],"yoast_head":"\n