October real estate sales in Jackson Hole were strong, totaling approximately $29.4 million on 24 completed transactions. However, the month fell short of October 2009, the strongest month of that year, when there were 29 transactions for approximately $37.2 million, according to Teton County Multiple Listing Service. As has been the trend this year, the high end of the market (sales above $1.75 million...
Market statistics
Looking at monthly real estate sales in Jackson Hole can be misleading due to the relatively small sample sizes, especially when it comes to statistics like average sales price and months of inventory. For example, Teton County recorded an average sales price of $2.112 million in September, a rise of 258 percent from the September 2009 average of $590,000. Quarterly sales, on the other hand, provide a...
A strong final week of September pushed sales for the month in Teton County to 23 units and a total sales volume of approximately* $44 million. How do these numbers compare to September 2009? Favorably, and I will hit the highlights momentarily. However, perhaps more portentous for the fourth quarter of 2010 than past sales figures is the volume and type of price changes reported by Teton County...
Last month I wrote about how the high end of the Jackson Hole real estate market was where the action is, with above average sales of properties just below $2 million and above. And earlier this month I discussed some green shoots in the lower end of the market, with a flurry of closed and pending sales below $300,000. (I've also recently discussed the market's high end and low end on the Jackson Hole...