The booming mountain town dubbed the 'new Aspen' where homebuyers are getting nervous READ MORE: Small town wins big victory over 'tone-deaf' billionaire's plans By Noa Halff For Dailymail.Com Published: 12:10, 11 August 2024 | Updated: 12:19, 11 August 2024 e-mail View comments Jackson Hole, Wyoming , once a quaint mountain retreat, has transformed into one of America's wealthiest counties and a playground for the ultra-rich. The so-called 'new Aspen,' nestled in the mountains of Teton County, has long been a popular vacation spot for celebrities including Ryan Gosling , Eva Mendes and Matthew McConaughey .
Its soaring popularity and a recent real estate boom means that homes under $1 million are now virtually non-existent in the area, according to the latest Jackson Hole Real Estate report from the Viehman Group. But experts are warning that buyers may be getting nervous, causing sales to stagnate as sellers refuse to reduce their prices, Cowboy State Daily reported. The average single-family home in Jackson and Teton County costs more than $7 million.
Pictured: a $22.5 million listing in Jackson Jackson Hole, Wyoming, once a quaint mountain retreat, has transformed into America's wealthiest county and a playground for the ultra-rich The so-called 'new Aspen,' nestled in the mountains of Teton County, is experiencing a real estate boom that's pushing even millionaires out of the market Sales in the $2-3 million market are currently the most stagnant, the report showed. Over.