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End of Year Market Report 2020

January 12, 2021/in Jackson Hole Real Estate, Market Report, Real Estate Market Statistics, Uncategorized /by alliedetwiler

The popularity of living in Jackson Hole has never been greater, 2020 was a record breaking year. The trend that started in the second quarter of 2020, the exodus from cities to locations with open space and safety, ramped up substantially pushing demand for local real estate to new heights. By the end of the third quarter of 2020, the Jackson Hole real estate market closed over $1.5B of residential transactions, more than the entire year in 2019. And it didn’t stop there.

According to data collected from the Teton County Multiple List Service (MLS), along with proprietary off-market data (transactions that were not disclosed in the MLS), the overall Total Sales Volume for 2020 increased an incredible 90% over 2019 to $2.3B. In addition, Total Transactions increased 27% year-over-year 2020 vs. 2019.

Check out the full report:

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https://grahamfaupelmendenhall.com/wp-content/uploads/2021/01/JH_MarketReport_Social.jpg 1080 1080 alliedetwiler https://grahamfaupelmendenhall.com/wp-content/uploads/2021/11/GrahamFaupelMendenhall_Black.png alliedetwiler2021-01-12 11:12:042021-01-12 11:28:49End of Year Market Report 2020

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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
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Emily Eldredge

Associate Broker
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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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