The month of May has brought more new listings to Jackson Hole. There’s been an uptick in showings/activity with a few more pending sales to come. Overall, the sellers who have been waiting to sell are being successful with recent price reductions. The theme for most buyers today is to look for the right seller and the right ‘deal.’
There have been a number of Teton County, WY Foreclosures that have gone to auction; however, eleven have resulted in no sale. Select properties will continue to come down in value as we move forward in 2009.
Today, there are 188 vacant sites for sale in Jackson Hole and 300 single family homes.