Entries by Molly Stewart

Properties selling under $500,000 lowest in over 2 years

The Colbert Real Estate Report Monthly Market Update for January 2016 Jackson Hole, WY What Sold in Dec 2015?  48% :: Percentage of single family home sales (similar to last month) 17% :: Percentage of condo/townhome sales (lowest in over 2 years) 35% :: Percentage of Land Sales (one of highest % in past year) 43% :: Percentage of […]

December sales lowest since Jan 2015 in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for January 2016 Jackson Hole, WY Summary – Dec 2015: 23 :: Total residential sale transactions (2nd lowest in past year) $44,525,000 :: Total residential sales volume (another drop) $1,935,000::  Average sales price of reported and unreported sales (back up after a dip last month) 95% ::  Ratio of sales price […]

New listings up slightly in December, but still very low

The Colbert Real Estate Report Monthly Market Update for January 2016 Jackson Hole, WY What’s new in Dec 2015? (New Listing Analysis) 26 :: Total number of new listings in December Average List Price: $2,400,000 23 new residential properties (single family, condo, townhome) Average List Price: $1,833,000 New listings already under contract or sold: 4 3 new building sites Average List Price: $1,970,000 […]

Sales Volume drops significantly in November in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for Dec 2015 Jackson Hole, WY Summary – Nov 2015: 41 :: Total residential sale transactions (down for the second month) $52,500,000 :: Total residential sales volume (a BIG drop from the last few months) $1,280,000::  Average sales price of reported and unreported sales (down after many months near […]

Single family home sales drop in November, as condo/townhomes sales surge

The Colbert Real Estate Report Monthly Market Update for Dec 2015 Jackson Hole, WY What Sold in Nov 2015?  46% :: Percentage of single family home sales (sharp drop) 46% :: Percentage of condo/townhome sales (huge increase this month) 8% :: Percentage of Land Sales (another decrease) 37% :: Percentage of residential properties selling for over $1 million (large drop from last 3 months) […]

New Listings in November are lowest seen in past year in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for December 2015 Jackson Hole, WY What’s new in Nov 2015? (New Listing Analysis) 18 :: Total number of new listings in November Average List Price: $1,400,000 15 new residential properties (single family, condo, townhome) Average List Price: $922,000 New listings already under contract or sold: 4 3 new building sites Average List Price: $1,900,000 […]

Rate of new inventory continues to decline, now matches rate of inventory selling in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for October 2015 Jackson Hole, WY What’s new in October 2015? (New Listing Analysis) 46 :: Total number of new listings in Oct Average List Price: $1,118,000 36 new residential properties (single family, condo, townhome) Average List Price: $1,300,000 New listings already under contract or sold: 4 10 new […]

Sales under $500,000 hit new low in Jackson Hole real estate market

The Colbert Real Estate Report Monthly Market Update for October 2015 Jackson Hole, WY What Sold in Oct 2015?  61% :: Percentage of single family home sales (another increase) 26% :: Percentage of condo/townhome sales (similar to last month) 13% :: Percentage of Land Sales (another decrease) 61% :: Percentage of residential properties selling for over $1 million (highest % in […]

October real estate transactions and volume dipped slightly, but remain strong in Jackson Hole market

The Colbert Real Estate Report Monthly Market Update for October 2015 Jackson Hole, WY Summary – Oct 2015: 46 :: Total residential sale transactions (down slightly after 2 high months) $89,000,000 :: Total residential sales volume (including unreported sale prices) $1,940,000::  Average sales price of reported and unreported sales (similar to last month) 96% ::  Ratio […]

Entry level options disappear as upper-end home sales increase – Quarterly Update from The Jackson Hole Report

Entry level home options (under $500,000) have all but disappeared in the Jackson Hole real estate market, while upper-end home sales (over $1 million) see impressive increases amid the recovery.  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 market through […]