Entries by Molly Stewart

New Listing: 2 bed / 1 bath condo in West Jackson

Just listed:   This 2 bedroom / 1 bath condo is located in West Jackson in close proximity to grocery stores, banks, the post office, and restaurants. Additionally, this condo is within walking distance of numerous hiking trails, bike paths and Flat Creek. This Ponderosa Village condo is a top floor unit with nice southern views […]

Market Focus: Sales of Investment / Vacation Property increase as Winter Ski Season approaches

The month of November experienced a higher than usual amount of sales of investment property, or properties that allow short term rentals. Most of these sales were concentrated in areas associated with vacation rentals, such as The Aspens, Teton Village and near Snow King Resort. On average, roughly 6 of these types of investment properties sell […]

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

Monthly Market Update for December 2013 Jackson Hole, WY What Sold in November 2013?  41% :: Percentage of single family home sales (down from last month’s high of 49%) 43% :: Percentage of condo/townhome sales (vs. 37% last month) 13% :: Percentage of Land Sales (similar to last month) 4.3% :: Percentage of distressed property sales (2 bank […]

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

Monthly Market Update for December 2013 Jackson Hole, WY Summary – November 2013: 46 :: Total residential sale transactions (down from last month’s 57) $61,000,000 :: Total residential sales volume reported to MLS (down slightly) $1,387,000::  Average sales price of reported sales (similar to last month) 93% ::  Ratio of sales price to list price (down from last […]

New Listing: 3 bdrm home with 2 car garage in E Jackson

Just listed:   This 3 bedroom / 2 bath home is located on a quiet cul-de-sac in desirable East Jackson within walking distance to St. John’s Hospital and the National Elk Refuge.  The home includes over 2,000 square feet on two different levels (with separate access), a pellet stove and a detached 2 car garage. This home […]

Jackson Hole Mountain Resort to open on Thanksgiving

In less than a week Jackson Hole Mountain Resort with fire up its chairlifts and officially open for the 2013-2014 ski season. This year marks the earliest opening ever on Thanksgiving Day. The upper mountains have received a reported 86″ of snow so far this year, with 33″ of it sticking around to form the […]

How are high end sales trending in 2013 in Jackson Hole? What about property selling for under $500,000? In which direction is the market moving?

As we analyze past sales data for 2013, in particular examining sales in the lower end of the market (under $500,000) and higher end sales (over $1,000,000), a few trends can be seen. Over the past 6 months, the percentage of property selling for under $500,000 has been trending downward with the exception of September […]

“What” sold in the Jackson Hole Real Estate market in October 2013?

Monthly Market Update for November 2013 Jackson Hole, WY What Sold in October 2013?  49% :: Percentage of single family home sales (a 10% increase from last month’s 39%) 37% :: Percentage of condo/townhome sales (vs. 33% last month) 14% :: Percentage of Land Sales (down from last month) 1.75% :: Percentage of distressed property sales (4 bank […]

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

Monthly Market Update for November 2013 Jackson Hole, WY Summary – October 2013: 57 :: Total residential sale transactions (very close to the high of 61 transactions in Aug) $68,000,000 :: Total residential sales volume reported to MLS ** $1,300,000::  Average sales price of reported sales ** (up 33%  from last month’s $833k) 96% ::  Ratio of […]

Office is one of several new “Character Zones” as part of the Comprehensvie Plan for Jackson, WY

Over the past few months, Town of Jackson leaders and the public have been reviewing a set of proposed zoning guidelines as part of the new Teton County Comprehensive Plan. These new “Character Zones” envisioned for downtown Jackson Hole include Office, Retail, Resort Connector, Residential and Gateway (see map below). This blog will focus on […]