2018: December New Listings in Jackson Hole

What happened in December?

New Listings

Identical to November, 31 new listings hit the Jackson Hole market in December, the lowest levels seen since the early months of 2018. However, the overall dollar volume of the new December listing topped $100 million for the first time in the 4th quarter. Helped by several high-end listings in Ely Springs ($17.8m)Bar-B-Bar ($8.75m) and Ellen Creek in Teton Village ($8.5m), the average listing price was nearly $3.3 million in December. The median listing price was just under $2 million, the highest value seen in all of 2018. Only one new lot listing came onto the market in December (not unusual for this snowy time of year) – a 0.39 acre lot on Karns Hillside, listed for $950,000. Of the 31 new listings, 77% were listed above $1 million, with 12 new listings priced over $3 million.

New Listings

$3,268,435

Average List Price

30

Residential Listings

$101,321,500

New Listing Volume

$1,970,000

MEDIAN LIST PRICE

77%

Over $1M Price Point

2

Listings below $500,000

Stay a step ahead in Jackson's competitive market

If you are interested in particular location or type of property, please make sure I know about it so I can be on the lookout for soon-to-be-listed and/or off market properties as well.
Note: All statistics are pulled from Teton Board of Realtors Multiple Listing Service for residential sales/listings in Teton County, WY for the dates specified above. It is estimated that sales outside of MLS account for an additional 10-20% of transactions/volume. Contact Katie for more details.

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