This guy has been hanging out down the street from my office.
People are always asking, "Do you think the market has hit bottom?" My response a few weeks ago would most definitely have been no. I have done a little research this morning and now I am not so sure. In the last couple of months from January 2, 2010 to today I know that there have been 24 closings in Teton County. These closings range in price from $220,000 up to $8.2 million with a good variety of sales throughout. Last year from January 2, 2009 to March 2, 2009 there were only 7 sales with the largest being $1,535,000.
I do believe that there may now be the perception that the market in Teton County has hit the bottom causing some buyers to jump off the sidelines. There are great deals on homes throughout the valley, so if you don't want to miss the boat, let's go look around and I'll show you what I'm talking about.
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