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 (http://bit.ly/1A1Vu4G ) 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, http://www.jhnewsandguide.com