Sunday, December 21, 2008

More Jackson Hole Real Estate Info

I looked back at the number of properties sold in Teton County, WY over the past 2 years.

11/07-11/08 = 319 real estate transactions
11/06 - 11/07 = 630 real estate transactions

Looking at this trend, it's clear that the market has taken a big hit. I assume most real estate focused companies will have to continue to cut their expense structure dramatically in 2009 to survive. It will be interesting to watch how the continued real estate downturn and economic recession will impact the local real estate firms.

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