2019: March New Listings in Jackson Hole

What happened in March?

New Listings

After a slow and quiet February, new listings picked up in March with 36 new properties hitting the market totaling $62M – double the sales volume seen last month! The average listing price increased to $1.7M and the median listing price also increased, up to $1.32M from a low of $997,000 in February. The dramatic increase in listing volume was helped not only by 5 high-end listings in Flat Creek Fishing Club, Crescent H, Bar B Bar and Teton Village, but also by a spike in listings in the $1-3M range, where 15 new properties hit the market in March, including 4 single family homes in the Town of Jackson. While 10 new listings under $500,000 hit the MLS in March, many came on as “pending” sales in Virginian Village, a remodeled condo development near the Library in Town that has been  attracting the interest of local buyers for the past several months.

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$62,239,000

New Listing Volume

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30

Residential Listings

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$1,728,861

Average List Price

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$1,322,500

MEDIAN LIST PRICE

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55%

Over $1M Price Point

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10

Listings below $500K

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Note: All statistics are pulled from Teton Board of Realtors Multiple Listing Service for residential sales/listings in Teton County, WY for the dates specified above. It is estimated that sales outside of MLS account for an additional 10-20% of transactions/volume. Contact Katie for more details.