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Math finally making sense for entry-level market

By   /  September 13, 2010  /  Hotsheet Highlights, Market statistics  /  1 Comment

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 […]

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Aspens/Racquet Club 1-bed condos peaked in late 2007; today’s prices mirror 2005

By   /  February 23, 2010  /  Neighborhood analysis  /  1 Comment

After last weekend’s close of a 1-bed, 1-bath, 766-square-foot unit in the Aspens/Racquet Club at $220,000, I took a closer look at this market segment. A quick look reveals this is the lowest price since October 2005 for what is perhaps the most common unit in this neighborhood dominated by short-term rental properties. Going back […]

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