New Listing :: Remodeled 4 bdrm townhome in Town

4 bed / 3.5 bath / Garage in downtown Jackson Property Details 4 bed / 3.5 bath / 2,015 sq feet One car attached garage Remodeled in 2014 Sold furnished Snow King Views Great location in the heart of Jackson, one block from Snow King Mountain Live the Jackson Hole lifestyle - be in the center of the action! Remodeled in 2014, this 4 bedroom, 3.5 bath townhome is located in the heart of downtown Jackson, within two blocks of both the Center of the Arts and all the amenities of Snow Ki...
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2019: February New Listings in Jackson Hole

What happened in February? New Listings After a very strong start to the year, where 55 new properties hit the market in January, new listing activity slowed significantly in February with only 22 new properties coming to market. This represents the lowest new inventory level since Nov 2017. The price point of February’s new listings were also lower than usual, with 8 condos hitting the market priced under $500,000. As a result, the average list price dropped to $1.4 million and the median ...
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2019: February Sales in Jackson Hole

What happened in February? What Sold After a solid January (with 38 sales and $82 million in dollar volume), sales dipped in February, with just 26 transactions, the lowest monthly sales since March 2018. Despite the lower sales, the price point of those sales actually increased, resulting in nearly $60 million in volume. The average sales price ticked up $170,000 to just under $2.3 million, while the median sales price jumped up $300,000 from January, the second large monthly increase in a...
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Jackson Hole Real Estate Associates Hosts Global Networking Summit in Jackson Hole, Wyoming

A few weeks ago, I was able to participate in an exciting and informative Global Networking event in Jackson Hole, WY, hosted by my company, Jackson Hole Real Estate Associates. The event featured an exceptional line-up of real estate, business and marketing innovators and provided unique insight into what it takes to succeed in today’s rapidly-evolving real estate markets. It was attended by over 100 real estate professionals from across the country (and the world!). Held at the Four Sea...
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2019: New Listings in Jackson Hole

What happened in January? New Listings The New Year was off to a very strong start from an inventory perspective too, as 55 new listings hit the market in January. Unusually high for this time of year (Jan 2018 saw only 39 new listings), January saw the most new listings since Aug 2018. Dollar volume of the new inventory topped $100 million for the second month in a row.  After peaking at nearly $2 million in Dec 2018, the median list price dropped back down to $1.12 million in January, clo...
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2019: January Sales in Jackson Hole

What happened in January? What Sold After an explosive 2018 (read the 2018 Annual Report), 2019 was off to a solid start with 39 sales totaling over $82 million in dollar volume. Both stats exceeded numbers from Dec 2018 by 22% and 24%, respectively. While the average sales price ticked up slightly to just over $2.1 million, the median sales price increased significantly in January, up $300,000 to $1.335 million, representing the third highest median sales price in the past 12 months. Prope...
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New Listing :: Two Bedroom Townhome in Town

New Listing :: Updated Townhome with Garage in Town Property Details 2 bed / 1 bath / 1,008 sq feet Brand new south facing deck overlooking large common yard Vaulted ceilings, gas stove Hardwood floors, new appliances Up close views of Snow King Mountain 1 car garage plus two dedicated parking spots Great location in central Jackson, walking distance to post office, grocery store, restaurants, and bus line Pets allowed This two bedroom townhome boasts one of the best locations in the ...
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2018 Jackson Hole Real Estate Summary & 2019 Forecast

Summary: Jackson Hole Real Estate & 2019 Forecast Market Analysis Real Estate Sales in Jackson Hole – Past 5 years The Jackson Hole real estate market’s 5 year history goes something like this…. The market spiked significantly from 2014 to 2015 with sales increasing slightly (4%) and dollar volume jumping by 23.5%. Then in 2016 sales slowed and overall dollar volume dropped 15%. Many argued we had reached the “peak” in 2015. In 2017, sales dropped again, but this time dollar volume actu...
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2018: Year End Review – Jackson Hole

2018: Transactions/Sales Volume – What Sold? $1,892,471 Average Sales Price $934,880,606 Total Sales Volume Market Analysis Wow – what a year! The real estate market in 2018 saw nearly 500 transactions totaling $934 million in dollar volume*. To put that in perspective, compare it to last year, where 436 sales produced $676 million in sales volume. So, from 2017 to 2018, the number of real estate sales increased by 13% but the total dollar volume increased by 38%. So what does that ...
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2018: Q4 Market Update & Review for Jackson Hole

Transactions/Sales Volume – What Sold? $1,993,477 Average Sales Price $259,152,032 Total Sales Volume Market Analysis Real estate transactions were up slightly in Q4 2018, recording 130 sales (vs. 123 in Q4 2017). In comparing month over month, even though 2018 saw a lower number of sales in both November and December, the 53 sales in October 2018 helped the 4th quarter overall. Sales volume in Q4 2018 was up 20% compared to Q4 2017, recording $260 million in sales. Even though 2018...
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