Entries by Molly Stewart

Sales to List Price increases to 97% for April real estate sales in jackson Hole

The Colbert Real Estate Report Monthly Market Update for May 2015 Jackson Hole, WY Summary – Apr 2015: 34 :: Total residential sale transactions (similar to the last 3 months) $34,000,000 :: Total residential sales volume reported to MLS (down from last month) $1,135,000::  Average sales price of reported sales (a drop after two high months) 97% […]

What’s new in the Jackson Hole Real Estate Market? Spring New Listing Analysis

April New Listings Update: Currently in Teton County, we are seeing inventory levels at a 25 year low. The following benchmarks, such as number of new listings, average sales price of those listings, and how quickly those listings go under contract, should help keep an eye on these inventory levels and can help us understand […]

Quarterly Market Update from The Jackson Hole Report

Available inventory in the Jackson Hole real estate market has been declining since Spring 2011. Currently inventory is the lowest it’s been in more than 25 years! Compare that to just 5 years ago (Spring 2010), when the market offered the most inventory in 25 years. This time of year in 2010, Buyers had 640 […]

Land Sales account for a third of all sales in Feb, March in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for April 2015 Jackson Hole, WY What Sold in Mar 2015?  30% :: Percentage of single family home sales (similar to last month’s 29%) 37% :: Percentage of condo/townhome sales (identical to last month) 33% :: Percentage of Land Sales (high again for a second straight month) 40% :: Percentage of […]

March sales continue trend of increasing sales prices in Jackson Hole

The Colbert Real Estate Report Monthly Market Update for April 2015 Jackson Hole, WY Summary – Mar 2015: 33 :: Total residential sale transactions (down slightly from Feb’s 35) $52,000,000 :: Total residential sales volume reported to MLS (up slightly from last month) $1,570,000::  Average sales price of reported sales (identical to last month) 95% ::  Ratio of […]

Inventory Levels in Jackson Hole: Then and Now

Teton County sees historically low inventory levels as we enter the busy spring/summer listing season As my colleague David Viehman noted in his year end Jackson Hole Report (and I summarized in a previous analysis),current inventory levels are at or near their lowest levels in 25 years. At the end of 2014….. Overall available inventory in Teton County was […]

Low inventory levels increase vacant land sales in Teton County, while under $500,000 sales continue to decline

The Colbert Real Estate Report Monthly Market Update for March 2015 Jackson Hole, WY What Sold in Feb 2015?  29% :: Percentage of single family home sales (nearly half of last month’s 55%) 37% :: Percentage of condo/townhome sales (similar to last month’s 36%) 34% :: Percentage of Land Sales (up significantly from last month’s 20%) 0 :: Number of […]

Several high end sales in February push up transactions, sales volume in Jackson Hole Real Estate

The Colbert Real Estate Report Monthly Market Update for March 2015 Jackson Hole, WY Summary – Feb 2015: 35 :: Total residential sale transactions (up significantly from Jan’s 22) $47,000,000 :: Total residential sales volume reported to MLS (double last month’s $23.6m) $1,500,000::  Average sales price of reported sales (up significantly from last month’s $1,124,000) 94% ::  […]