Entries by Molly Stewart

Real Estate Market Analysis: Aspens Condos in Jackson Hole, WY

In order to understand what is happening in the Jackson Hole real estate market, it’s helpful to analyze a particular market and see what the numbers tell us. Every month, I like to focus on a different neighborhood in the Teton County area. What are homes selling for in this neighborhood? How quickly are they selling? […]

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

Monthly Market Update for October 2013 Jackson Hole, WY Summary – Sept 2013: 49 :: Total residential sale transactions (back down after a high of 61 transactions in Aug) $44,000,000 :: Total residential sales volume (back down after a 2013 high of $79m in Aug) $833,000::  Average sales price (a 33% drop from last month’s $1.258m) 94% […]

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

Monthly Market Update for October 2013 Jackson Hole, WY What Sold in September 2013?  39% :: Percentage of single family home sales (an sharp decline from last month’s 54%) 33% :: Percentage of condo/townhome sales (vs. 28% last month) 16% :: Percentage of Land Sales (identical to last month)   0% :: Percentage of distressed property sales (NO […]

Inventory Level Breakdown by Price: Past sales, Pending sales & Current inventory in Jackson’s Real Estate Market

As we analyze past sales data for 2013, note the current pending sales and take inventory of the available properties for sale in the Jackson Hole Real Estate Market, a few trends become clear. A much higher percentage of entry level properties (under $500,000) have sold in 2013 (39% of all sales) than are available now (12% […]

Snake River Sporting Club Rises from the Ashes; hosting Open House & Club Preview

Many of the people that have lived in Teton County for more than 5 years remember the Snake River Sporting Club, a 360 acre recreational development planned along the Snake River located about 15 miles south of Jackson between Hoback Junction and Alpine, Wyoming. The plan won approval in 2003, however plans for the grand […]

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

Monthly Market Update for September 2013 Jackson Hole, WY What Sold in August 2013?  54% :: Percentage of single family home sales (an 8% increase over last month) 28% :: Percentage of condo/townhome sales (vs. 31% last month) 16% :: Percentage of Land Sales (similar to last month’s 18%) 6.5% :: Percentage of distressed property sales (remains […]

Well priced properties sell quickly in Jackson Hole; Buyers aren’t biting on aggressively priced homes

The Jackson Hole Real Estate Market remains strong as we head into the Fall. Inventory remains low in certain locations, property types and price ranges. Over the past few months many sellers (with well priced properties) have been successful at selling their properties quickly (See last month’s Market Focus) or putting them under contract within days […]

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

Monthly Market Update for September 2013 Jackson Hole, WY Summary – August 2013: 61 :: Total residential sale transactions (a large increase from last month (45), matching May’s high of 61) $79,500,000 :: Total residential sales volume (also a large increase from last month ($47m), the highest monthly volume of 2013) $1,258,000::  Average sales price (nearly double of […]

Riva Ridge Preserve to be Sold at Real Estate Auction in Jackson Hole

On September 12, 2013, interested buyers will have the opportunity to bid on a 118 acre estate located 800 feet above the Jackson Hole Valley. Concierge Auctions, who has successfully completed several other auction real estate sales in the Jackson Hole area (See Grand Teton Estate), will be hold this auction in two weeks without a […]

New Listing – Single Family Home South of Jackson priced under $500,000

Just listed:   This 3 bedroom / 2 bath home is located only 5 minutes south of downtown Jackson and offers stunning mountain views of Glory Bowl and Munger Mountain from the back deck (see photos below). The home sits on 0.58 acres with a large flat backyard overlooking South Park. The home also features a […]