Entries by Molly Stewart

Unique Multi-Family Investment Opportunity in the Town of Jackson

A short drive around the Town of Jackson will illustrate the absence of large multi-family developments. This can be explained by the overall lack of vacant parcels of land and/or the current Town zoning which does not allow large scale development in many areas. Further, over the years, many older apartment buildings have been converted […]

“What” sold in the Jackson Hole Real Estate Market in February 2014?

Monthly Market Update for March 2014 Jackson Hole, WY What Sold in February 2014?  48% :: Percentage of single family home sales (up 10% from last month’s 38%) 30% :: Percentage of condo/townhome sales (similar to last month) 22% :: Percentage of Land Sales (vs. last months high of 33% – now closer to normal) 7% :: Percentage […]

Summary of Real Estate Sales Statistics for Feb 2014 in Jackson Hole

Monthly Market Update for March 2014 Jackson Hole, WY Summary – February 2014: 27 :: Total residential sale transactions (up slightly from last month’s 24) $20,000,000 :: Total residential sales volume reported to MLS (similar to last month) $947,000::  Average sales price of reported sales (similar to last month) 93% ::  Ratio of sales price to list price […]

Jackson Real Estate Market Analysis: Condos in The Aspens

Condos in The Aspens have been a popular real estate purchase for many years for many different types of buyers. Second homeowners enjoy the ease of access to Jackson Hole Mountain Resort and Grand Teton National Park. Locals have been attracted to the convenient location of The Aspens with its proximity to restaurants, the bus line, a coffee […]

“What” sold in the Jackson Hole Real Estate Market in January 2014?

Monthly Market Update for January 2014 Jackson Hole, WY What Sold in January 2014?  38% :: Percentage of single family home sales (down from last month’s 46%) 29% :: Percentage of condo/townhome sales (down again from 36% last month) 33% :: Percentage of Land Sales (more than double the typical month) 0% :: Percentage of distressed property sales […]

Summary of Real Estate Sales Statistics for Jan 2014 in Jackson Hole

Monthly Market Update for February 2014 Jackson Hole, WY Summary – January 2014: 24 :: Total residential sale transactions (down again from last month’s 33) $18,000,000 :: Total residential sales volume reported to MLS (also down significantly from past months) $930,000::  Average sales price of reported sales (similar to last month) 95% ::  Ratio of sales price […]

Year in Review: 2013 Teton County Real Estate Sales highest of past 6 years

As we move into 2014, it’s helpful to look back at the real estate activity in 2013 and by comparing that to past years statistics, try to determine where the market is heading (isn’t that what we all want to know?!). I should first note that the below numbers are compiled from closed real estate […]

Year in Review: Market Trends and Sale Statistics for the Jackson Hole Real Estate Market in 2013

Over the course of 2013 I have been tracking 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 major take-aways from the Jackson Hole Real Estate Market in 2013: Distressed Property Sales:  Teton County experienced the […]

“What” sold in the Jackson Hole Real Estate Market in December 2013?

Monthly Market Update for January 2014 Jackson Hole, WY What Sold in December 2013?  46% :: Percentage of single family home sales (up from last month’s 41%) 36% :: Percentage of condo/townhome sales (vs. 43% last month) 15% :: Percentage of Land Sales (similar to last month) 9% :: Percentage of distressed property sales (3 bank sales […]

Summary of Real Estate Sales Statistics for Dec 2013 in Jackson Hole

Monthly Market Update for December 2013 Jackson Hole, WY Summary – December 2013: 33 :: Total residential sale transactions (down again from last month’s 46) $28,000,000 :: Total residential sales volume reported to MLS (also down significantly from past months) $900,000::  Average sales price of reported sales (down from last month’s $1.387m) 94% ::  Ratio of sales […]