The Associated Press’ Mead Gruver takes a look at the Wyoming real estate market today with two stories: One about a slight cool down in the pricey Jackson Hole area and another about the still slightly tight overall statewide situation.
New Census numbers show Wyoming is ninth in the nation for the lowest vacancy rate in the first quarter (1.7 percent, compared to 3.2 percent West-wide), tied with Hawaii and Oklahoma. New energy workers moving into the state have helped the market, as has the reluctance to go hog-wild with new construction.
In the Teton Valley, Gruver reports there is a little dip in home sales, although the median price continues to climb. (It’s at $1.1 milllion.) And, with a proposed moratorium on new building while the county finishes a management plan, those prices might just continue their rise.