This report is specifically based on Jackson Hole Real Estate encompassing Jackson, Wilson, Teton Village, Jackson Hole Mountain Resort, Moran and surrounding Teton County real estate. I make every attempt to make my reports unbiased and accurate and I do not "cherry pick" only the results I think are favorable or non favorable. This is a simple market report - if you are interested in a more detailed analysis please email me at www.realestatejackson.com Inventories: Teton Village Real Estate Listings - Total active is down _21%, New Listings down -33%, Under contract down - 60%, Number sold down -60%, sold volume down -69%, average sales price down -24%, median sales price is up + 25%, Sold price percent of list price is - 4% Town of Jackson Real Estate Listings - Total active is up + 33%, New Listings up + 47%, Under contract down - 29%, Number sold down -18%, sold volume down -2%, average sales price up +20%, median sales price is up + 29%, Sold price percent of list price is - 2% Total Active is up +33%, Teton County Wy Real Estate (The Jackson Hole Valley) - Total active is up +1% New Listings up +18 %, Under contract down - 40%, Number sold down -34%, sold volume down -28%, average sales price up + 9%, median sales price is up + 12%, Sold price percent of list price is down - 4% Summary, The low end market in Jackson Hole Real Estate (below $1.5mill) has seen impact from the financial lending crunch. Banks are holding people to more stringent lending policies (As they should). This has created an action reaction effect that dominoes upward - meaning the $300k condo buyer is having a hard time getting finances, the 300k condo seller can't sell and can't move up into the next range above, and this continues into each market above. This does not seem to be effecting the high end market, as the 4million and above buyers are still there and likely have greater access to funding sources. Our inventory is currently rising especially in the area of Jackson, sales have dwindled downward and prices have just started dropping. We should be headed towards a buyer market.