Market Reports

Third Quarter 2018 Jackson Hole Market Report

Jackson Hole’s real estate market remains on a strong path through the third quarter, with 12 percent more sales and a 13 percent increase in median sale price compared to the same period last year. Rising prices have caused supply of properties under $500,000 to dwindle, which is apparent in the 21 percent decline in transactions below that price point.

The most sales took place in the $500,000 to $1 million segment, which accounts for more than one-third of sales this year. The $2 million to $5 million segment notched the largest gain in transactions, up 83 percent compared to a year ago.

The Town of Jackson continues to lead the area by far in sales volume. Even so, overall, inventory fell again, down nearly 20 percent, which contributed to a 16 percent decrease in the average property’s days-on-market.

Star Valley Market Report | Mid Year 2018

On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for the 2018 mid-year. In this detailed report, you will find information on the market segments making up the Star Valley area. As the market leader, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.

The Star Valley, Wyoming market remained strong in the first half of 2018. Transactions were up 5% and total dollar volume was up 25% from $59,559,985 in the first half of 2017 to $74,182,875 in the first half of 2018. The average and median sale prices increased as well. Inventory continues to be low, down 6% in the overall market and down 13% in the single family segment

Teton Valley Market Report | Mid Year 2018

On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for midyear 2018. In this detailed report, you will find information on the market segments making up the Teton Valley area including Alta, Wyoming. As the market leader, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.

The market in the first half of 2018 experienced an increase in the number of transactions, up about 7% compared to 2017. The average sale price and median sale price both decreased slightly. There was a slight change in total dollar volume from $55,153,845 in first half of 2017 to $55,285,765 in first half of 2018. The inventory shortage did not improve compared to 2017. Inventory was down 4% and single family home inventory was down 8%. Condominium inventory increased 20%.