{"id":592,"date":"2011-06-09T12:24:45","date_gmt":"2011-06-09T18:24:45","guid":{"rendered":"https:\/\/www.jacksonholerealestatetoday.com\/?p=592"},"modified":"2011-06-09T12:24:45","modified_gmt":"2011-06-09T18:24:45","slug":"jackson-holes-low-end-reverts-to-2000","status":"publish","type":"post","link":"https:\/\/briansiegfriedjh.com\/jackson-holes-low-end-reverts-to-2000\/","title":{"rendered":"Jackson Hole’s low end reverts to 2000"},"content":{"rendered":"
\"\"<\/a>
Who knew there were actual $100,000 bills? Recent price reductions in the Jackson Hole market mean it is once again possible to trade one of these for a home in Teton County, WY.<\/figcaption><\/figure>\n

Turns out there really are $100,000 bills, and they have a picture of Woodrow Wilson on them. Thank you, Wikipedia.<\/p>\n

When I wrote on jhpropertyguide.com earlier this week<\/a> about the recent price reductions on a pair of 2-bed condos to at or below $100,000<\/a>, the mention of such a denomination was only meant to be a metaphorical image worthy of this \u201cnote\u201d-able threshold being passed. The occasion almost certainly assures a sale in Jackson Hole below this figure for the first time in more than 11 years, according to Teton County Multiple Listing Service.<\/p>\n

Almost from the beginning of this blog in 2009<\/a>, I have been writing about the significance of the $300,000 mark in Jackson Hole. As the housing bubble reached full expansion, dwellings priced below $300,000 became nonexistent<\/a>. Like a receding tide, however, the inventory in this range has returned to values more in line with anticipated rental returns<\/a>.<\/p>\n

Additional highlights of the available inventory and recently closed sales below $300,000 includes:<\/p>\n