2021: January New Listings in Jackson Hole

What happened in January? New Listings After a very slow end to the year (with only 29 new listings in Dec 2020), 38 properties hit the market in January to kick off the New Year. January 2021 marks the first time since June 2020 that there were MORE listings than monthly sales (albeit only 1 more), ending a trend that saw at one point more than twice as many sales as monthly listings. As a result of the unprecedented sales levels in the second half of 2020, Jackson Hole inventory is the lo...
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2021: January Sales in Jackson Hole

What happened in January? What Sold After an unforgettable 2020, the first month of the New Year saw a decline in both real estate sales and dollar volume. Transactions were down 43% from December and marked the first time monthly sales dipped below 40 since June 2020, which was a slow month due to the COVID shut down in March and April. While January (and winter) is typically a slower month of the year, there were 4 fewer sales this past month than in January 2020. Total dollar volume was ...
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2021: January Market Report

What happened in January? What Sold After an unforgettable 2020, the first month of the New Year saw a decline in both real estate sales and dollar volume. Transactions were down 43% from December and marked the first time monthly sales dipped below 40 since June 2020, which was a slow month due to the COVID shut down in March and April. While January (and winter) is typically a slower month of the year, there were 4 fewer sales this past month than in January 2020. Total dollar volume was ...
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2020: Year End Review – Five Year Trends and 2021 Forecast

Jackson Hole Real Estate Trends - Past 5 years Market Analysis Real Estate Sales – Past 5 years Well, 2020 was a year for the record books as statistics from this past year dwarfed all previous years. MLS sales had not exceeded 500 per year over the last 5 years and almost reached 650 in 2020 (a 37% increase over the previous 4 year average). Sales volume experienced even bigger gains in 2020. Looking back, we saw annual sales volume increasing from $634 million to $676 million from 2016 to...
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2020: Year in Review in Jackson Hole

2020: Transactions/Sales Volume – What Sold? $1,799,973,233 Total Sales Volume $2,799,336 Average Sales Price Market Analysis Real Estate Sales in 2020 2020 was a tale of two markets - pre-pandemic and the early stages of the shut down and the resulting Jackson Hole real estate boom that followed. The first two quarters of 2020 actually lagged the 2019 market, which was a very strong year. Sale transactions were down in Q1 and Q2, while sales volume kept pace with 2019 through th...
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2020: Year End Listings Review – Jackson Hole

2020: New Listing/Inventory Analysis $2,175,597,500 LIST PRICE Volume $3,176,055 AvERAGE LIST PRICE Market Analysis New Listings in 2020 Slightly fewer new listings came onto the market in 2020 than in 2019. For many years, the Jackson Hole real estate market has suffered from low inventory levels (and high demand) and this year was no different. Through the first two quarters, new inventory trailed 2019 by 40 listings. After demand for Jackson real estate exploded in Q3, more...
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2020: Year End Sales Review – Jackson Hole

2020: Transactions/Sales Volume – What Sold? $1,799,973,233 Total Sales Volume $2,799,336 Average Sales Price Market Analysis Real Estate Sales in 2020 2020 was a tale of two markets - pre-pandemic and the early stages of the shut down and the resulting Jackson Hole real estate boom that followed. The first two quarters of 2020 actually lagged the 2019 market, which was a very strong year. Sale transactions were down in Q1 and Q2, while sales volume kept pace with 2019 through th...
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2020: Q4 Sales & New Listings

Transactions/Sales Volume – What Sold? $2,950,273 Average Sales Price $705,115,180 Total Sales Volume Market Analysis After a record setting Q3 2020 (with 100 more transactions and more than double the sales volume), it was hard to imagine the trend would continue past the busy summer selling season. Well, 4th quarter sales suggest things are not slowing down - recording 107 more transactions than Q4 in 2019. Even more impressive was the sold dollar volume this past quarter - up a ...
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2020: December New Listings in Jackson Hole

What happened in December? New Listings New listings slowed in December, with only 29 properties hitting the market. After a surge in new inventory throughout the third quarter and an unusually busy November (44 new listings), December marked the second lowest monthly listings of this busy year. December is not a typically popular time to list a home for sale, and December's new listing level was in line with December 2019 (30 listings). While only 29 listings hit the market, the average li...
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2020: December Sales in Jackson Hole

What happened in December? What Sold The concluding month of 2020 did not disappoint! While we saw a slight decline in transactions from November, December's 65 sales was still nearly double that of December 2019 (34 transactions). The total dollar volume was 2.5x what it was in December of 2019, with nearly $170M sold last month alone.  Both the average and median sales priced dropped in December, but were still outperforming December of 2019.  For the 5th month in a row, the number of mon...
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