New eats on Town Square

Restaurateur Stephanus Stevenson has opened a new place on Town Square called Koi Sushi and Poke.

“I’m trying to emphasize ‘poke’ because not everyone has it,” Stevenson said of the raw food dish.

Longtime locals who like Asian cuisine will remember Stevenson as the proprietor of Shogun and Kazumi.

His new venture is operating on the lower level of 36 E. Broadway, which for many years was the home of the shoe store Jackson Bootlegger. Stevenson said he might put in a few tables, but it’s basically takeout-oriented: “It’s not a sit-down restaurant,” he said. “We’re more like grab and go.”

He has stocked a variety of nonalcoholic Asian beverages, including milk teas and green teas.

Koi is operating from 11 a.m. to 7 p.m. Monday through Saturday, but Stevenson said the hours aren’t set in stone.

— Jennifer Dorsey

Allegiant Air coming

Allegiant is to add three new airports to its network this summer, one of which is Jackson Hole. It will also launch 13 new routes, including nine from these new airports.

Staff report

Pandemic drives real estate way up

Real estate sales in Jackson Hole went crazy during 2020 after a start to the year that seemed to portend disaster.

Instead, COVID-19 fears drove city dwellers to run to the mountains and spend their money on homes for a new start, or at least a haven from pandemic pandemonium.

Figures from Jackson Hole Real Estate Associates, the Christie’s affiliate here, said, “the exodus from cities to locations with open space and safety ramped up substantially” in the second half of the year.

Christie’s saw 847 transactions close during 2020, with a total dollar volume of $2.35 billion. That was an increase of 90% over 2019. Residential sales accounted for $1.58 billion of that. Single-family home sales rose 27%, hitting 395. Single-family prices hit an average of $3.7 million, pushed by a “explosion” in the luxury end of the market, houses priced above $3 million. The median price for a single-family home rose to $2.5 million. There were another 38 single-family homes moving toward a closing at the end of the year.

The rush to buy came after several years of tight inventory, and even with new listings coming on the market in response to rising prices the year ended with only 93 listings.

The News&Guide will take a deeper dive into the 2020 real estate market in next week’s issue.

— Mark Huffman

Jennifer Dorsey is chief copy editor and Business section coordinator. She worked in Washington, D.C., and Chicago before moving to the Tetons.

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