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Hotsheet Highlights: 2 big price drops in Jackson, Teton Village

By   /  May 24, 2010  /  No Comments

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This fairway bunker on the 10th hole at Teton Pines is the closest thing to a beachfront property in Jackson Hole! All valley courses are now open, but cold and wet weather have kept tee times to a minimun so far this "spring."

Two significant price reductions over the weekend highlight today’s Teton County Multiple Listing Service Hotsheet.

A 2-bed, 1-bath, 865-square-foot Meadowbrook condo is now a short sale listed at $219,500, down from $359,500 after 410 days on the market. That is $253 per square foot. At this price, the monthly payment on a 30-year mortgage is comparable to what these units rent for.

In Teton Village, a forested 0.73-acre building site in “old” Teton Village is now $1.225 million, down from $2.395 million after 888 days on the market.

Contact me for a detailed analysis of Town of Jackson condo sales over the last five years or a closer look at active and recently sold Jackson Hole building sites.

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