JACKSON HOLE: FEWER SALES, HIGHER PRICES
While the median sale price for homes in the Jackson Hole area rose 86
percent in the first quarter compared to the year before, the number of
those real estate sales dropped 25 percent, the Jackson Hole News &
Guide reported. The Jackson Hole area now has 805 real estate agents,
nearly double the number of properties for sale. A local broker
estimates that 30 to 40 percent of the agents are “hobbyists,”
(divorcees, retirees) rather than fully committed Realtors.
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