Jackson Hole Market Report | 2018 Mid-Year

Jackson Hole’s real estate market started very strong in the first half of 2018 with number of transactions up 11% and average sale price up 10%. Even more important to note was the increase in median sale price, a more accurate indicator, up 22% from a year ago. The majority of transactions were in the $500,000 – $1 million price segment, however, there was a sharp increase in transactions over $5 million, up 77%. This sharp increase drove total dollar volume up by 33% compared to a year ago. The single family home segment was the most popular among buyers achieving 41% of the mid-year market share. Inventory continued to decrease as did well-priced new inventory, which was a contributor to the 23% decrease in active listings and 13% decrease in average days on market.

 

Summer Property & Lifestyle Catalog

We are proud to present our current collection of extraordinary real estate. We’ve also highlighted some of our favorite local assets. Around here, limits are imaginary. The only ceilings are the ones we put over our heads. Jackson Hole Real Estate Associates’ team of dedicated professionals is here to help you get acquainted with our incredible destinations. Please do not hesitate to call on any of our real estate professionals as you experience the Teton lifestyle.