teton county real estate: A Slowdown is Not a Letdown
- 09/10/08 03:10 AM
While the Jackson Hole market has experienced a slow down, it is nowhere near the dire straits being touted in the media. A California-based research company recently reported that the median home price in Teton County had dropped 9% in the last fiscal year. While the lower end market has experienced a slight dip in home values, the higher end Jackson market has actually increased 2% (from $1.175 million in July 2007 to $1.2 million as of July 1, 2008). Since the Jackson Hole market has consistently experienced approximately 20% increases every year for the last few years, a slow down or … (0 comments)
While the Jackson Hole market has experienced a slow down, it is nowhere near the dire straits being touted in the media. A California-based research company recently reported that the median home price in Teton County had dropped 9% in the last fiscal year. While the lower end market has experienced a slight dip in home values, the higher end Jackson market has actually increased 2% (from $1.175 million in July 2007 to $1.2 million as of July 1, 2008). Since the Jackson Hole market has consistently experienced approximately 20% increases every year for the last few years, a slow down or … (0 comments)
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