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Jackson Hole Market Report Q2 2022

The Jackson Hole real estate market re-balances after 24 months of heated demand and low inventory.

The local real estate market is shifting, and quickly at that. In the past 2 years, the lack of inventory has drastically impacted total dollar volume, average sales price and days on market. In the first half of 2021 total dollar volume rocketed to $1.2B, an unprecedented level.

The demand for Teton County real estate was fueled by the pandemic driven desire for rural living and increased interest in the western mountain region. Multiple offers and over-asking price sales became commonplace and many listings were on the market for only a matter of days before they were snapped up by desperate buyers.

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Jackson Hole Market Report Q2 2021

We are proud to present our comprehensive Market Report for Q2 2021. Assembled from Compass Real Estates’ proprietary database, the most extensive source of information about the region’s real estate market, and insight from our dedicated team of professionals, the report provides valuable insight into the market segments that make up the Jackson Hole area.

The Jackson Hole lifestyle with its wide-open spaces, wildlife, scenery, recreation, safety, ease of travel and tax benefits, appears to be more desirable than ever. Real estate year-to-date numbers through Q2 show no signs of slowing down. When comparing YTD through the second quarter 2021 to 2020, the number of transactions in Teton County nearly doubled to 427 and total sales volume more than doubled to $1.2B.

The continued exodus of individuals from cities in seek of a less-urban lifestyle, is pushing demand for local real estate to new heights. As a result, some sellers who own real estate in the area are taking advantage of this strong market. Inventory is down 56%, but that is a slight improvement from Q1 of 2021.

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Jackson Hole Market Report First Quarter 2020

Jackson Hole Real Estate Associates, the region’s largest and most dynamic real estate company, is proud to present our comprehensive Market Report for first quarter 2020. Assembled from Jackson Hole Real Estate Associates’ proprietary database, the most extensive source of information about the region’s real estate market, and insight from our dedicated team of professionals, the report provides valuable insight into the market segments that make up the Jackson Hole area.

 

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Teton Valley Year End 2018 Market Report

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 year end 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.

https://www.andrews2realestate.com/wp-content/uploads/2019/01/TetonValleySquare.jpg 612 612 Andrews2 Real Estate https://www.andrews2realestate.com/wp-content/uploads/2021/09/Andrews2RE_Horiz_Black.png Andrews2 Real Estate2019-01-23 11:21:502019-01-23 11:21:50Teton Valley Year End 2018 Market Report

Jackson Hole Real Estate Market Report | Year End 2018

Jackson Hole Real Estate Associates, the region’s largest and most dynamic real estate company, is proud to present our comprehensive Market Report for the year end of 2018. Assembled from Jackson Hole Real Estate Associates’ proprietary database, the most extensive source of information about the region’s real estate market, and insight from our dedicated team of professionals, the report provides valuable insight into the market segments that make up the Jackson Hole area.

 

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Catalog of Fine Properties | 2018-19 Winter / Spring

Jackson Hole Real Estate Associates is pleased to present the Catalog of Fine Properties and Lifestyle for the Winter and Spring, 2018 – 2019. Inside you will find a collection of the region’s premiere homes and properties, as well as a look at the people, organizations and culture that make this area so remarkable.

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Jackson Hole Market Report | 2018 Quarter 3

Jackson Hole Real Estate Associates, the region’s largest and most dynamic real estate company, is proud to present our comprehensive Market Report for the third quarter of 2018. Assembled from Jackson Hole Real Estate Associates’ proprietary database, the most extensive source of information about the region’s real estate market, and insight from our dedicated team of professionals, the report provides valuable insight into the market segments that make up the Jackson Hole area.

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.

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Jackson Hole 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 mid-year 2018. In this detailed report, you will find information on the market segments making up the Jackson Hole area. As the market leader in Jackson Hole, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.

Jackson Hole’s real estate market started very strong in the first half of 2018 with number of transactions up 11% and average sale price up 10%. Even more important to note was the increase in median sale price, a more accurate indicator, up 22% from a year ago. The majority of transactions were in the $500,000 – $1 million price segment, however, there was a sharp increase in transactions over $5 million, up 77%. This sharp increase drove total dollar volume up by 33% compared to a year ago. The single family home segment was the most popular among buyers achieving 41% of the mid-year market share. Inventory continued to decrease as did well-priced new inventory, which was a contributor to the 23% decrease in active listings and 13% decrease in average days on market.

https://www.andrews2realestate.com/wp-content/uploads/2018/07/JH2018MidYearSquare.jpg 2500 2500 Andrews2 Real Estate https://www.andrews2realestate.com/wp-content/uploads/2021/09/Andrews2RE_Horiz_Black.png Andrews2 Real Estate2018-07-26 12:36:022018-07-26 12:36:02Jackson Hole Market Report | Mid Year 2018

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%.

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Summer Properties and Lifestyle Catalog

We are proud to present our current collection of extraordinary real estate. We’ve also highlighted some of our favorite local assets. Around here, limits are imaginary. The only ceilings are the ones we put over our heads. Jackson Hole Real Estate Associates’ team of dedicated professionals is here to help you get acquainted with our incredible destinations. Please do not hesitate to call on any of our real estate professionals as you experience the Teton lifestyle.

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Barb Andrews
(307) 413-6620
Barb@Andrews2.com

Brad Andrews
(307) 413-5846
Brad@Andrews2.com

We look forward to helping you with all your real estate needs!

Brad Andrews
Responsible Broker

Brad@Andrews2.com
(307) 413-5846

Barbara Andrews
Associate Broker

Barb@Andrews2.com
(307) 413-6620

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