On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive Quarter Three Jackson Hole Market Report.
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 remains strong with a 12% increase in sales and a 13% increase in the median sale price.
This increase in median sales price has caused the supply of properties under $500k to decrease by 21%
The majority of transactions were in the $500,000 – $1M price segment.
Consistent with the Mid-Year Report, the $2M – $5M segment had the largest increase in transactions – up 83% compared to a year ago!
Inventory continued to decrease, down 19%
This has contributed to the 16% decrease in the average days on the market.