Often found in more desirable remote locations than national mainstream markets, resort communities are prone to unique, heavily saturated luxury markets. See how Jackson Hole Mountain Resort compares to other resort communities.
The real estate market in Jackson Hole has remained strong through the first eight months of this year. The Town of Jackson and Teton Village have been leading the charge with a total of 98 unit sales and 51 unit sales, respectively, which represents almost 50% of the residential real estate transactions in the valley. […]
As the Jackson Hole real estate market continues to improve, opportunities for sellers are growing with every quarter. Download Report. Looking at the first quarter of 2015 versus the first quarter of 2014, sales volume increased 36.2% and the average sales price increased 43.2% Condominium sales volume was up an impressive 72% and single-family homes […]
Median Price Increases – Land Sales Volume Up While the buzzword in Jackson Hole real estate has been “low inventory”, sales prices, while increasing, are doing so at a moderate rate. Versus 2013, the average sale price across all property types increased 4% while median sales prices showed an increase of 16%. Notably, single-family […]
Hillwood Development Gets It Right – Bar BC Ranch Hits Ten-Year Sales Surge Just over ten years ago, Hillwood Development, a Ross Perot Jr. company, purchased the historic 1,400-acre Bar BC Ranch once owned by former Wyoming US Senator and Wyoming Governor, Cliff Hansen. At the time, some Jackson Hole residents were worried that this […]
Sotheby’s International Realty recently posted a blog on its outstanding 2013 performance numbers. Sotheby’s International Realty outperformed the overall market as measured by the National Association of Realtors in 2013. While the overall market showed a 9.2 percent gain in numbers of transaction sides in 2013 over 2012 numbers, Sotheby’s International Realty’s transaction sides grew […]
After the 11 percent increase in 2013 versus 2012 dollar volume and a 30% increase in the number of transactions, inventory in Jackson Hole is remarkably low. More than half of the properties listed in 2013 sold within a year. Prices seem to have stabilized and certain segments of the market are seeing price increases, multiple […]
Can we say enough about 2013 in terms of how strong the real estate market has been? Clearly not yet – Jackson Hole News And Guide’s Ben Graham recently touted the dramatic increase in building activity that took place in 2013 in Jackson Hole. Commercial permits jumped in value from $6.68 million in 2012 to a whopping $31.25 million in […]