Jackson Hole just returned another record sales year with a tally of over $1.5 billion in gross sales. Prices are up over 25% in a year that the entire market across the nation saw a majority of declines with a few bright spots. Jackson seems to be almost binding bright. Why?

It seems to me that Jackson Hole has been found. People realize that when you drive into Jackson you see a majority of the land is undeveloped. In fact 98% of our land is permanently protected and cannot be developed. We are a vitual island surrounded by vistas, wildlife, and cultural experiences arguably unmatched in the U.S. We have seen a major renovation within the developed areas. Our median home price has continued to sky rocket. The next question is will this continue? Though the markets might indicate otherwise I think that we are in for another up year on the sales price and a down on the number of properties sold and possibly an increase in inventory though we have no huge additional supplies coming on the market soon. I wouldn't expect us to see another 25% increase in sales price I expect it to be a more modest gain. Only Time will tell.

As always checks us out at www.realestatejackson.comOur Market is reflecting the lasing beauty.

 

Why is Jackson Hole Special? A fully Biased review.
01/18/2008
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Jackson Hole - Isn't that the little cowboy town in Wyoming? Well - Yeah I guess it is. We are still that little mountain town in the north west corner of Wyoming But Jackson has become a lot more than that, I have been here for almost… more
Here is another one of my commercial listings in Alpine Wyoming.
01/17/2008
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This property has huge development potential. It is 11 acres with an older hotel, a trailer park, and a commercial business. This property has three active wells and four highway accesses. Alpine is an amazingly beautiful place. Click to view… more
So what is for sale in Jackson Hole? Here is one of my listings.
01/17/2008
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With all of this writitng on my blog - I thought I should give you a look at one of my listings. This is a ski in / ski out condo located at the base of Jackson Hole Mountain resort in Teton Village. The views are amazing and I don't plan on it… more
Jackson Hole Bank Robbery - Kind -of
01/17/2008
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Two nights ago I received a call from a dear friend of mine who is a great local business woman that owns a wonderful hotel in the town of Jackson. Her concern was mine - that we are losing one of our long standing institutions - The Jackson State… more
Town of Jackson Imposes condo moratorium
01/17/2008
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If you where thinking about turning an old apartment into a new condo complex in the Town of Jackson. You might have missed your boat. The Town Council impossed a moratorium in the conversion of apartment complexes into condos. They did this so that… more
Jackson Hole Real Estate - still going up.
01/17/2008
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As I sit here looking at the stats from 2007 and I compare them to our record breaking 2006. I notice one thing has not changed here. We still have a lack of inventory and prices continue to go up. Why is Jackson "Bucking" the trend?… more
 

Rick Armstrong - Jackson Hole Real Estate

Jackson Hole, WY

More about me…

Jackson Hole Real Estate Broker RARE Properties Real Estate

Address: Po 1427/ 485 West Broadway , Jackson Hole , WY , 83001

Office Phone: (307) 733-8726 x TRAM

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