Mom Always Said…

…”Don’t play ball in the house!”  She also said, “If you haven’t anything nice to say about (insert name of friend/foe/ex-girlfriend/that nun who was my eighth grade teacher here), then don’t say anything at all!”  The obvious lack of recent posts to this blog that I’m certain you have noticed might indicate that the same could be said for the real estate market in Jackson Hole these days.  If that’s what you are thinking, the three of you would be only mostly correct.

As of this post, there are a total of 42 residential properties under contract, six of which are re-sales in older, established neighborhoods, ranging from $695,000 to $10,500,000.  The rest are new construction projects:  a condo-hotel at Teton Village, a new townhome development at Snow King, and the latest in urban living in Town.  We should see these begin to close (some possibly at renegotiated and lower prices) within the next few weeks.  We’ve also seen a large commercial center, listed by your humble servants at LiveJacksonHole.com, priced at $8,795,000 go under contract after JUST FIVE DAYS ON THE MARKET!  The moral of the story seems to be, if it makes sense, it will sell.  And believe it or not, there are several properties that make sense out there.

I’ll be back soon with a list of my top ten or so picks for best you’d-be-silly-not-to-make-a move-on-one-of-these-deals-out-there-right-now!  Until then, keep your stick on the ice.