Entries by Molly Stewart

New listing activity explodes in May in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for June 2016 Jackson Hole, WY What’s new in May 2016? (New Listing Analysis) 110 :: Total number of new listings in April Total New Listing Volume: $206,025,000 Average List Price: $1,870,000 78 new residential properties (single family, condo, townhome) Average List Price: $1,860,000 New listings already under […]

Property sales under $500,000 increase for 2nd month in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for June 2016 Jackson Hole, WY What Sold in May 2016?  42% :: Percentage of single family home sales (significant drop from previous months) 46% :: Percentage of condo/townhome sales (significant increase from previous months) 12% :: Percentage of Land Sales (down slightly from April) 36% :: Percentage of residential properties […]

Sale Transactions & Dollar Volume increase in May, but still lag 2015 summer sale statistics

The Colbert Real Estate Report Monthly Market Update for June 2016 Jackson Hole, WY Summary – May 2016: 33 :: Total residential sale transactions (highest in past 6 months) $38,200,000 :: Total residential sales volume (jump from last month) $1,160,000::  Average sales price of reported and unreported sales (up after a low last month) 96% ::  Ratio […]

April sees spike in Property Sales under $1 million in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for May 2016 Jackson Hole, WY What Sold in Apr 2016?  58% :: Percentage of single family home sales (3rd monthly increase) 25% :: Percentage of condo/townhome sales (drop from last several month) 17% :: Percentage of Land Sales (uptick from March) 25% :: Percentage of residential properties selling for over […]

New Listings continue to hit the market as busy summer selling season approaches in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for May 2016 Jackson Hole, WY What’s new in Apr 2016? (New Listing Analysis) 54 :: Total number of new listings in April Total New Listing Volume: $83,100,000 Average List Price: $1,540,000 43 new residential properties (single family, condo, townhome) Average List Price: $1,266,000 New listings already […]

Dollar Volume down in 2016 as April records lowest level in 15 months

The Colbert Real Estate Report Monthly Market Update for May 2016 Jackson Hole, WY Summary – Apr 2016: 24 :: Total residential sale transactions (similar to last month) $24,700,000 :: Total residential sales volume (lowest in 2+ years) $1,030,000::  Average sales price of reported and unreported sales (lowest in 9 months) 96% ::  Ratio of sales price […]

Sales and Volume decline in 2016, while affordable inventory dwindles – Quarterly Update from The Jackson Hole Report

Sale transactions and dollar volume are down in the first quarter of 2016 while available inventory in the entry level market dwindles, resulting in increased demand for well priced properties. The Jackson Hole Report, a quarterly market report prepared by my colleague David Viehman at RE/MAX Obsidian Real Estate, provides insights into the local real estate […]

Sales under $500,000 reach new low; account for only 8% of all sales in March

The Colbert Real Estate Report Monthly Market Update for April 2016 Jackson Hole, WY What Sold in Mar 2016?  50% :: Percentage of single family home sales (another increase) 37.5% :: Percentage of condo/townhome sales (similar to last month) 12.5% :: Percentage of Land Sales (down from last February) 58% :: Percentage of residential properties selling for over $1 million (huge […]

Nearly 50 new listings hit the Jackson Hole real estate market in March 2016

The Colbert Real Estate Report Monthly Market Update for April 2016 Jackson Hole, WY What’s new in Mar 2016? (New Listing Analysis) 48 :: Total number of new listings in March Total New Listing Volume: $66,500,000 Average List Price: $1,385,000 40 new residential properties (single family, condo, townhome) Average List Price: $1,415,000 New listings already under contract or sold: 14 8 new […]