Entries by Molly Stewart

A Full Recovery? Close, but not quite. Quarterly Update from The Jackson Hole Report

Are we back to the real estate peak of 2007? Has the Jackson Hole market made a full recovery? Not quite, but we are getting close according to The Jackson Hole Report, a quarterly market report prepared by my colleague David Viehman at RE/MAX Obsidian Real Estate. Click HERE to read the full 2015 Q2 Report. Compared […]

Inventory is up, but so are listing prices in Teton County real estate market

What’s new in June 2015? (New Listing Analysis) 109 :: Total number of new listings in June (another jump from last month) 83 new residential properties (single family, condo, townhome) Average List Price: $2,130,000 New listings already under contract or sold: 24 26 new building sites Average List Price: $2,430,000 New listings already under contract or sold: 0 What it means: As we move […]

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

The Colbert Real Estate Report Monthly Market Update for June 2015 Jackson Hole, WY What Sold in June 2015?  60% :: Percentage of single family home sales (up for the 4th month in a row) 32% :: Percentage of condo/townhome sales (down again from last month) 8% :: Percentage of Land Sales (down for the 4th month in a row) […]

60% of properties selling in June were on market less than 90 days

The Colbert Real Estate Report Monthly Market Update for June 2015 Jackson Hole, WY Summary – June 2015: 57 :: Total residential sale transactions (back down after a spike in May) $54,000,000 :: Total residential sales volume reported to MLS (down slightly from last month) $1,300,000::  Average sales price of reported sales (back up after 2 months of […]

Many single family home sales occurring in the $500,000 – $1 million range

The Colbert Real Estate Report Monthly Market Update for June 2015 Jackson Hole, WY What Sold in May 2015?  50% :: Percentage of single family home sales (up again after several low months) 39% :: Percentage of condo/townhome sales (down slightly from last month) 11% :: Percentage of Land Sales (down again after two higher than average months) […]

Real Estate Transactions sky rocket in May in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for June 2015 Jackson Hole, WY Summary – May 2015: 57 :: Total residential sale transactions (a huge jump from the last few months) $54,000,000 :: Total residential sales volume reported to MLS (up significantly from last month) $976,000::  Average sales price of reported sales (another dip) 96% ::  […]

New listings increase as we enter busy summer selling season, but still lagging levels from last year

What’s new in May 2015? (New Listing Analysis) 85 :: Total number of new listings in May (a jump from last month’s 66) 67 new residential properties (single family, condo, townhome) Average List Price: $1,650,000 New listings already under contract or sold: 15 18 new building sites Average List Price: $2,375,000 New listings already under contract or […]

New Listing in “Downtown” Wilson

Quick Stats: 3 Bedroom 3 Bathroom 2,656 sq ft Single Family Home .33 Acres Listing Price: $1,150,000 Just Reduced! Downtown Wilson Serenity Experience privacy and Flat Creek views while still enjoying an unbeatable location in downtown Wilson directly across the street from Owen Bircher Park. Older home has many recent updates including solid hickory hardwood […]

Land Sales in Jackson dip after several strong months, high end sales dominate

The Colbert Real Estate Report Monthly Market Update for May 2015 Jackson Hole, WY What Sold in April 2015?  41% :: Percentage of single family home sales (up after two low months) 41% :: Percentage of condo/townhome sales (up slightly from last month) 18% :: Percentage of Land Sales (down after two higher than average months) 41% :: Percentage […]