So far in 2007 we have seen 60 closings in the Jackson Hole area.  This includes Wilson, Teton Village, and the Town of Jackson real estate offerings.   

Closings of interest:

Hotel Terra in Teton Village has it's - first flip:   A small 3bedroon unit closed at $2,150 Hitting $1400 a square foot.

A four-plex came on the market at $1.6 and was quickly snapped up.

Also a Teton Village four seasons Penthouse went under contract with an asking price at $4.8.  

Inventory is up 3% from 2007 this time.  

If you want a more detailed summary give us a call at 307-733-8726.

Cheers,

Rick Armstrong