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PINEDALE, WY - The busy streets of the no-stoplight-town of Pinedale, Wy., (pop. 1400) on August 10, 2005, where the county assessor states average 2004 home sales were $200,000 and 2004 north Sublette county sales averaged $275,000. Sublette County has 6400 permanent residents. Farms and ranches are being broken up and sold typically as two, five, 10, and 20 acre lots on septic systems and well water. One of the local sayings is that the escalating real estate prices are a result of the billionaires moving into nearby Jackson, WY, who are pushing out the millionaires who then move to Pinedale. According to realtor Travis Bing, anything one 'would want to buy' starts at about $200,000 with many homes selling for $450,000 and up. Pinedale currently has the lowest unemployment rate in the state and is experiencing another boom cycle both in real estate and in energy as natural gas production in two nearby gas fields ramps up for year-round production.
- © Copyright 2005 Tim Matsui, All Rights Reserved
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- Story: Hydro-Fracking for Natural Gas in Pinedale, Wyoming