Entries by Molly Stewart

Real Estate sales and dollar volume recover in March

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY Summary – Mar 2016: 25 :: Total residential sale transactions (up again from last month) $41,750,000 :: Total residential sales volume (up again from last month) $1,670,000::  Average sales price of reported and unreported sales (down slightly from last month) 90% ::  […]

Property Sales under $500,000 drop, representing only 16% of all sales in Teton County

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY What Sold in Feb 2016?  47% :: Percentage of single family home sales (slight uptick from last month) 37% :: Percentage of condo/townhome sales (back down after high last month) 16% :: Percentage of Land Sales (up after slow January) 42% :: Percentage of residential properties […]

Real Estate Transactions hit new low in February in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY Summary – Feb 2016: 19 :: Total residential sale transactions (lowest in past year) $34,688,000 :: Total residential sales volume (up slightly from last month) $1,825,000::  Average sales price of reported and unreported sales (up from last month) 94% ::  Ratio of sales price […]

A few more listings, but overall Jackson Hole Inventory remains low

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY What’s new in Feb 2016? (New Listing Analysis) 31 :: Total number of new listings in February Total New Listing Volume: $80,500,000 Average List Price: $2,600,000 26 new residential properties (single family, condo, townhome) Average List Price: $2,900,000 New listings already under contract […]

New Listing: Multi-Family Investment Opportunity in E Jackson

Quick Stats: Multi-family 4 units, 2,880 sq ft total Each unit: 2 bed /1 bath Good Rental Income Long term tenants Listing Price: $975,000 Great Investment Opportunity Great turn-key investment opportunity in desirable East Jackson. Four units (each with 2 bdrm/1 bath) provide great rental income from long term tenants. Current owner has made many […]

Real Estate Sales and Dollar Volume up again in 2015

The Jackson Hole Report, a quarterly market report prepared by my colleagues David & Devon Viehman at RE/MAX Obsidian Real Estate, provides insights into the local real estate market. Below is a quick summary of their 2015 Year End Report. Click HERE to read the full 2015 Jackson Hole Report. OVERALL MARKET In 2015, the real estate […]

New inventory entering the market very low, even for January

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY What’s new in Jan 2016? (New Listing Analysis) 25 :: Total number of new listings in January Average List Price: $1,160,000 22 new residential properties (single family, condo, townhome) Average List Price: $1,200,000 New listings already under contract or sold: 2 3 new building […]

Condo/Townhome sales rebound in January in Town of Jackson

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY What Sold in Jan 2016?  43% :: Percentage of single family home sales (slight dip from last month) 48% :: Percentage of condo/townhome sales (jump after low last month) 9% :: Percentage of Land Sales (down after high last month) 43% :: Percentage of […]

Sale Transactions & Dollar Volume down at start of New Year

The Colbert Real Estate Report Monthly Market Update for February 2016 Jackson Hole, WY Summary – Jan 2016: 21 :: Total residential sale transactions (lowest in past year) $32,690,000 :: Total residential sales volume (down again from last month) $1,560,000::  Average sales price of reported and unreported sales (down from last month) 95% ::  Ratio of […]

Real estate values increase in 2015, as Sales Volume up 30% in Jackson Hole

Market Focus 2015 Year in Review: Market Trends and Sale Statistics for the Jackson Hole Real Estate Market Over the course of 2015, I have tracked many different sale and market statistics which all help paint a picture of the real estate market in Jackson Hole over the past year. Below are some of the take-aways […]