Trusted Real Estate Experts in Jackson Hole, Wyoming
Brad Andrews
Responsible Broker
Brad@Andrews2.com
(307) 413-5846
Barbara Andrews
Associate Broker
Barb@Andrews2.com
(307) 413-6620
© 2024 Copyright – Andrews Real Estate
Welcome to Andrews2 Real Estate
Brad and Barb have been in the valley since 1990. While they come from opposite corners of the United States, Brad from Florida and Barb from Montana, they both fell in love with Jackson Hole. They married and knew that they wanted to raise a family in this unique area and always call it home. Together they have formed Andrews2 Real Estate. Brad and Barb are part of a management team that encompasses offices that are scattered throughout the surrounding areas. Barb has extensive experience in property management and together they bring a large skill set and personality to the family at Keller Williams Jackson Hole. They are actively involved in the community and enjoy the many facets and activities that Jackson Hole has to offer. Please contact them with any of your real estate questions or needs.
NEW TO THE MARKET
Q1 2024
Jackson Hole Market Report
As the year begins in Jackson Hole’s real estate market, there are no surprises. The stunning scenery, abundant wildlife, and vast open spaces continue to attract buyers eager to establish roots in the area. Meanwhile, potential sellers grapple with the prospect of losing their advantageous low interest rates and finding suitable replacement properties.
Despite a 20% increase in overall inventory compared to the previous year, the number of properties for sale remains exceptionally low. This persistent low-inventory environment, coupled with strong demand, has kept real estate prices resilient. The overall average sale price rose by approximately 33% compared to the first quarter of 2023, partially driven by several properties fetching prices exceeding $20 million. However, the median sale price did decline by about 13%.