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Jackson Hole 2017 Quarter 3 Market Report

October 18, 2017

On behalf of our team of dedicated professionals, we are pleased to present our 2017 Quarter 3 Market Report

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. Curious? Contact us today to find out more!

From Jackson Hole Real Estate Associates

When comparing the first three quarters of 2017 to the same period in 2016, the Jackson Hole real estate market remained steadfast. With inventory in short supply (down 11%), the number of transactions kept pace with last year. Nonetheless, demand for property in Jackson Hole remained very strong, which contributed to the increase in average sale price. The price segment with the most market share was the $500,000 – $1 million price segment with 37% of total transactions. The Town of Jackson had a 7% increase in transactions. The area furthest south of Jackson experienced the largest increase in transactions, up about 50% over last year. Approximately 43% of the transactions this year were cash transactions.

The overall market continued to experience a lack of inventory, down 11%. New, realistically-priced properties sold the quickest. In fact, the average number of days a property was on the market dropped 28% when compared to a year ago. View full report by clicking here.

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Our Team

Karen Terra

Founding Partner, Associate Broker
(307) 690-8186
karen.terra@compass.com

Matt Faupel

Founding Partner, Associate Broker
(307) 690-0204
matt.faupel@compass.com

Julie Faupel

Founding Partner, Associate Broker
(307) 690-0812
julie.faupel@compass.com

Mack Mendenhall

Founding Partner, Associate Broker, GRI
(307) 690-0235
mack.mendenhall@compass.com

Emily Eldredge

Associate Broker
(307) 732-7476
emily.eldredge@compass.com

Tess Hartnett

Sales Associate
Contract Coordinator
(541) 385-2410
tess.hartnett@compass.com

Allie Detwiler

Marketing Manager
(307) 249-3030
allie.detwiler@compass.com

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Graham-Faupel-Mendenhall & Associates | 80 W. Broadway Ave | Jackson, WY 83001
307.690.0204 | 307.690.0235 | gfm@compass.com

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