Lofty prices, big volumes show Jackson Hole real estate market heating up again

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JACKSON, Wyoming — The already notoriously expensive real estate market in Jackson Hole is heating up again.

The number of real-estate transactions was up 18 percent in the third quarter compared to the same time last year. Total sales were about $160 million, up 11 percent.

Figures compiled by Jackson Hole Real Estate Associates and Christie's International Real Estate also show the average home sale price was $5.7 million.

The Jackson Hole News & Guide reports ( ) fewer sales of more affordable homes in Jackson Hole. Sales of homes $500,000 and less fell from 33 in the third quarter of 2013 to just nine in the third quarter of 2014.

Information from: Jackson Hole (Wyo.) News And Guide,

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