2020: January Sales in Jackson Hole

What happened in January? What Sold The New Year started out strong with 41 real estate sales in January 2020, an increase of 20% from December 2019. Those 41 sales translated to $90 million in sales volume, the highest monthly volume in the past 3 months. As a result, the average sale price for January 2020 reached $2.2 million, breaking $2 million for the first time since August 2019. The median sale price dropped $130,000 to $1.27 million in January with 34% of all sales occurring under ...
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2020: January New Listings in Jackson Hole

What happened in January? New Listings The first month of the New Year saw 32 new listings enter the market, a slight increase over December 2019, however still roughly one-third of new inventory seen during the summer months. Listing volume topped $110 million for the second month in a row. The average listing price dropped slightly from December but remained strong at $3.4 million, continuing to outpace the average sale price by more than a $1 million for the last 2 months. The median lis...
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New Listing :: Welcome to your Westbank Retreat

Property Details 4 bedrooms / 3 baths 3,179 square feet 1.17 private acres Extensive Landscaping Extra Built-in Garage Storage Zoned for Short Term Rentals Perfectly situated among mature trees and extensive landscaping, this welcoming Westbank home embraces the Jackson Hole lifestyle. The large 1.17 acre lot provides the utmost privacy while affording tremendous convenience in The Aspens. The expansive outdoor space is a summer sanctuary with a tranquil pond feeding into a stream flowin...
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2019 Jackson Hole Real Estate Summary & 2020 Forecast

Summary: Jackson Hole Real Estate & 2020 Forecast Market Analysis Real Estate Sales in Jackson Hole – Past 5 years We all remember 2018 in the Jackson Hole real estate market, right? An explosive year where everything was up, way up! Transactions increased 13%, while overall sales volume jumped a staggering 38%, and the average sale price was up 22%. What a year! Could it continue? Surely this level of appreciation wasn't sustainable? Many predicted a recession, or a the very least a st...
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2019: Year End Review – Jackson Hole

2019: Transactions/Sales Volume – What Sold? $890,085,959 Total Sales Volume $1,805,448 Average Sales Price Market Analysis After an explosive 2018 that saw a 13% annual increase in sales and a staggering 38% increase in dollar volume, many predicted that the market would slow in 2019, many thought the market was in need of a correction. The number of real estate sales did not slow down in 2019, recording a nearly identical number of sales as 2018. After under performing 2018 in ...
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2019: Q4 Sales & New Listings

Transactions/Sales Volume – What Sold? $1,930,301 Average Sales Price $254,799,682 Total Sales Volume Market Analysis The 4th quarter of 2019 looked a lot like the 4th quarter of 2018. Total sales increased ever so slightly, up from 130 in 2018 to 132 sales in 2019. In looking at numbers month-by-month, while 2019 saw a few more sales in October and December, it was balanced out by a few less sales in November. Dollar volume was also similar quarter to quarter, and actually dropped...
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2019: November New Listings in Jackson Hole

What happened in November? New Listings New listings continued to decline as we enter the winter season in Jackson Hole. Only 26 properties came to market in November, roughly one-quarter of new monthly inventory levels seen in the busy spring / summer listing season. Overall dollar volume of November's listings was $45 million, also a far cry from monthly levels of $200-400 million seen in the spring and summer of this year. While November is historically a slow month for new listings, thi...
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2019: November Sales in Jackson Hole

What happened in November? What Sold Real Estate sales dropped 31% from October recording only 40 sales in November. While down from the past few months, November's sales were in line with levels seen in May/June 2019. Overall sales volume was also down in November, falling short of $80 million and dropping below $100 million for the first time in 4 months. The average sale price inched up to just under $2 million, however the median sales price has stayed steady around $1.1 million for the...
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2019: October New Listings in Jackson Hole

What happened in October? New Listings The rate of new inventory hitting the market has dropped significantly in each of the last 2 months. October new listings were only half of the new listings in September and a third of what they were in August 2019. While the busy listing season may be over, thanks to two very high end listings (see below), the overall list volume in October actually increased 26% from September (which saw 50% more listings). The majority of new inventory in October wa...
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2019: October Sales in Jackson Hole

What happened in October? What Sold The Jackson Hole real estate market does not appear to be slowing down one bit as October sales (58) kept pace with a busy end of summer. Total sales volume topped $100 million for the third month in a row! - An unprecedented stretch not seen in our recent market (since I began tallying stats in 2013 anyway). The average sales price of $1.87 million was a slight increase from September but was still below the high of $2.022 million from August 2019. Media...
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