2018: July Market Report

What happened in July? New Listings There were 82 new listings in July, making a total of nearly 250 new listings since the start of the busy summer season in May. Compare that to a total of 98 new listings in the first 3 months of the year. While the number of new listings was down slightly compared to June, the overall listing volume in July reached over $300 million, by far the highest monthly total of 2018. Sixteen of the new listings were priced over $5 million, with 8 priced over $10 ...
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New Listing :: Spruces in the Aspens

New Listing :: Convenient and Affordable Aspens Condo Property Details 2 minute walk to Aspen Market and wine shop, coffee shop and bus stop Main floor with easy access Cozy wood burning fireplace Zoned for short term rentals Solid rental history and strong reservations Five minutes from Jackson Hole Mountain Resort The Spruces development is one of the most convenient locations in The Aspens - just an easy 2-minute walk to The Aspen Market & wine shop, coffee shop, bank, sports c...
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2018: June Market Report

New Listings – What’s New? $2,305,894 AvERAGE LIST PRICE $507,672,350 LIST PRICE Volume Market Analysis There were 9% fewer new listings in the second quarter of 2018 compared to this same time last year. This overall decrease was caused by a slower than usual June 2018, which saw 30% fewer listings than June 2017. With a decrease in transactions, we also saw a decline in new listing volume, which was down 11% from this time last year. Fewer new listings will contribute to already lo...
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New Listing :: Thimbleberry in the Aspens

New Listing :: Desirable Berry Patch Condo in The Aspens Property Details One bedroom condo with extra bunk beds Updated kitchen and baths Beautiful mountain views Backs up to open ranch land Short term rental ability Five minutes from Jackson Hole Mountain Resort Now Available! A highly desirable Berry Patch condo located at the back of The Aspens development. Beautiful mountain views from the private back deck overlooking Fish Creek and backing up to large open ranch land...
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JHREA Opens new Teton Village Office

Jackson Hole Real Estate Associates (JHREA) is expanding its Jackson Hole area presence with a new office in Teton Village! The new office will be a boutique retail office storefront with lounge area, fireplace and shared workspace. It will be an inviting space for agents and clients to meet to discuss business or meet for après after a day of skiing. Located next to the Bodega, JHREA is providing a new type of experience for its agents and clients to come together at the world-renowned Jacks...
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2018: May Market Report

What happened in May? New Listings The busy summer selling season is heating up with 93 new listings hitting the market in May, totaling $212 million in listing volume. Action is picking up fast, as May 2018 is well ahead of last May 2017 where we saw 86 new listings totaling $190 million in volume. Across the board, sellers are feeling confident as the average listing price reached $2.286 million in May, the highest average seen thus far in 2018. Buyers are watching and moving quickly. Of ...
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Do you know how much equity you’ve built in your Jackson home?

Did you buy your Jackson Hole property 3 or 4 years ago?   Are you curious to learn if you could move up in the Jackson market?   Have you ever said? “I would absolutely consider selling if only there was something I else I could buy"  Many Jackson homeowners have built a good amount of equity in their home over the past several years. For example, the market value of a Creekside 3 bedroom townhome has gone up... That’s great news for local owners. However, with available inventory at an all-...
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2018: April Market Report

What happened in April? The big headline of the April market report is that nearly 40% of all April sales occurred in the high end of the market. After a first quarter of 2018 that saw 60% of sales happen in the “locals” market (sub $1 million), there were 11 sales over $3 million last month, including 6 sales over $5 million and one sale close to $15 million (a newly completed 10,000+ sq ft estate in Dairy Ranches). As a result, the average sales price skyrocketed to over $4 million (the medi...
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2018: Q1 Review

New Listings – What’s New? The number of new listings hitting the market in first quarter of 2018 is up slightly when compared to last year, thanks to an usually busy January 2018, where nearly 40 new listings hit the market (vs. 21 in Jan 2017). However, the overall dollar volume of these new listings is down slightly in Q1 2018. As a result, the average listing price for the first quarter is down 15%, from $2.092 million to $1.78 million. The decrease was helped by the strong Jan 2017 (which...
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