The Jackson Hole Real Estate market has been showing positive signs of stability lately; more showings, more offers and more pending contracts. There has been much more activity compared to early summer with Buyers showing more confidence and Sellers understanding today’s reality. The seemingly stable stock market coupled with low interest rates and a rebounding national housing market have all contributed to greater transactional volume in Jackson Hole. JH’s minimal private and developable land, less than 3% of the total acreage in Teton County, WY, continues to attract capable buyers from around the globe and patient locals are also able to capitalize on better values in today’s market.

Teton Valley, Idaho: There has been good activity in Teton Valley recently as well. Many Mountain Meadows homes in Teton Springs have gone under contract and closed which appears to show the ‘bottom’ has been discovered. Based on the current inventory levels across the whole valley, they will most likely continue to have a slow incline coming out of the most recent doldrums.