Tag Archive for: new listings in jackson wy

New Listing :: Two Bedroom Townhome in Town

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New Listing :: Updated Townhome with Garage in Town

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Property Details

  • 2 bed / 1 bath / 1,008 sq feet
  • Brand new south facing deck overlooking large common yard
  • Vaulted ceilings, gas stove
  • Hardwood floors, new appliances
  • Up close views of Snow King Mountain
  • 1 car garage plus two dedicated parking spots
  • Great location in central Jackson, walking distance to post office, grocery store, restaurants, and bus line
  • Pets allowed
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This two bedroom townhome boasts one of the best locations in the Clusters development, with a south facing deck taking in up-close views of Snow King Mountain.

Vaulted ceilings, extra windows and a skylight create a bright and open feel, while the gas stove makes for cozy winter nights. Feel at home with many upgrades including pine hardwood floors and new stainless steel appliances.

Enjoy access to a large grassy common area, perfect for yard games and dog exercise. There are two dedicated off-street parking spots in addition to the one car garage, which includes extra lofted storage.

Conveniently located in central Jackson adjacent to Powderhorn Park and within walking distance to the post office, grocery store, coffee shop and restaurants, and the START bus stop.

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400 Powderhorn Lane #66, Jackson, WY 83001

2018 Taxes: $2,252.96/year

HOA Fees: $4,881,36/year

List Price: $555,000

MLS: 19-141

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2018: Q4 Market Update & Review for Jackson Hole

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Transactions/Sales Volume – What Sold?

$1,993,477

Average Sales Price

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$259,152,032

Total Sales Volume

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Market Analysis

Real estate transactions were up slightly in Q4 2018, recording 130 sales (vs. 123 in Q4 2017). In comparing month over month, even though 2018 saw a lower number of sales in both November and December, the 53 sales in October 2018 helped the 4th quarter overall. Sales volume in Q4 2018 was up 20% compared to Q4 2017, recording $260 million in sales. Even though 2018 ended quietly, sales volume significantly exceeded volume in both October and November of 2017. The average sales price of Q4 2018 was just over $2 million, up 10% from Q4 2017, when the average sales price was $1.82 million. However, the median sales price was nearly identical between the fourth quarters of 2017 and 2018, suggesting that while the high end prices are getting higher, the remainder of the market values remained steady. The majority (37%) of sales in Q4 2018 occurred in the $1-3 million price point, helped by 25 new listings in this price segment in October alone. In Q4 2018, 46% of sales were for single family homes, with only 15% of sales representing vacant land (not surprising given the time of year).

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New Listings – What’s New?

$2,308,273

AvERAGE LIST PRICE

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$249,293,500

LIST PRICE Volume

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Market Analysis

New listing activity increased significantly from Q4 2017, with 108 new properties hitting the market in Oct/Nov/Dec 2018. New listings in 2018 outperformed 2017 in each month, resulting in an overall 37% increase in new listings in Q4 2018. Even more dramatic, the dollar volume of the new listings in Q4 2018 exceeded the volume in Q4 2017 by nearly $100 million, a staggering increase of 64%! New listing volume in 2018 significantly outperformed 2017 in every month including October, where sales volume was 2x that of 2017. As you can imagine, the average sales price in Q4 2018 increased significantly as well, up to $2.385 million from $1.97 million in Q4 2017. The median listing price fluctuated throughout the 4th quarter of 2018, following a similar trend to Q4 2017, with the exception of Dec 2018, which saw a median list price of nearly $2 million, the highest monthly median since Sept 2017.

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Note: All statistics are pulled from Teton Board of Realtors Multiple Listing Service for residential sales/listings in Teton County, WY for the dates specified above. It is estimated that sales outside of MLS account for an additional 10-20% of transactions/volume. Contact Katie for more details.

2018: December New Listings in Jackson Hole

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What happened in December?

New Listings

Identical to November, 31 new listings hit the Jackson Hole market in December, the lowest levels seen since the early months of 2018. However, the overall dollar volume of the new December listing topped $100 million for the first time in the 4th quarter. Helped by several high-end listings in Ely Springs ($17.8m), Bar-B-Bar ($8.75m) and Ellen Creek in Teton Village ($8.5m), the average listing price was nearly $3.3 million in December. The median listing price was just under $2 million, the highest value seen in all of 2018. Only one new lot listing came onto the market in December (not unusual for this snowy time of year) – a 0.39 acre lot on Karns Hillside, listed for $950,000. Of the 31 new listings, 77% were listed above $1 million, with 12 new listings priced over $3 million.

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$3,268,435

Average List Price

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30

Residential Listings

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$101,321,500

New Listing Volume

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$1,970,000

MEDIAN LIST PRICE

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77%

Over $1M Price Point

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2

Listings below $500,000

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Note: All statistics are pulled from Teton Board of Realtors Multiple Listing Service for residential sales/listings in Teton County, WY for the dates specified above. It is estimated that sales outside of MLS account for an additional 10-20% of transactions/volume. Contact Katie for more details.

Six high end homes ($3+ million) enter market in November

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The Colbert Real Estate Report

Monthly Market Update for Dec 2017

Jackson Hole, WY

What’s new in Nov 2017? (New Listing Analysis)

  • 20 :: Total New Listings
    • New Listing Volume: $43,026,000
    • Average List Price: $2,151,000
  • 19 :: New Residential Properties (single family, townhome, condo)
    • Average List Price: $2,217,000
    • Median List Price: $1,150,000
    • New listings priced under $1 million :: 9  (47%)
    • New listings priced under $500,000 :: 1 (5%)
    • New listings already under contract or sold: 5 (26%)
  • 1 :: New Building Sites
    • Average List Price: $899,000
    • Median List Price: $899,000
    • New listings priced under $1 million :: 1 (100%)
    • New listings priced under $500,000 :: 0 (0%)
    • New listings already under contract or sold: 0 (0%)
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What it means: Continuing a decline started in August, only 20 new listings hit the Jackson Hole real estate market in November, the lowest monthly level since last November (2016). While the number of new listings was down in November, total dollar volume of these new listings was actually up from last month (which saw 29 new listings). Six high end listings (priced over $3 million) hit the market in November including 2 homes in Granite Ridge, offering ski-in, ski-out access to Jackson Hole Mountain Resort (starting at $4.2 million) and a 9,500 square foot home in the exclusive Indian Springs neighborhood, listed at $9.7 million. As such, the average listing price jumped back up above $2 million after a low of $1.2 million last month. Only one new listing in November was priced under $500,000 (a one bedroom Aspens condo for $469,000). Of the 8 properties listed between $500,000 – $1,000,000, 5 are already under contract, illustrating the continued high demand for this price point.** Historically, November is not a popular time to list vacant land, as only one new lot listing hit the market in November (a 5 acre lot on the bench of the Snake River in the Solitude neighborhood north of Town). 

**During times of low inventory and high demand (i.e. the current state of our market), many properties aren’t even hitting the open MLS market before selling. If you have a specific property type/location/price in mind, please contact me so that I can be on the look out for off-market or soon-to-be-listed properties for you.) 

Notable new listings in November include:

  • Fixer Upper home on 6 acres in Red Top Meadows – $695,000
  • Newly built contemporary home with Snow King views – $1,150,000
  • Three bedroom ski-in, ski-out condo at Hotel Terra – $1,449,000

Click HERE to view all Nov residential listings.

Click HERE to view all Nov land listings.

(Note: Links above are good for one month after report is published.)

 

What Is Your Home Worth?

Curious about the value of your home? Complete the Home Valuation Request form to receive an estimate of the market value of your home. 
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Featured Listings

Browse Katie’s “Top Picks” for current values in the Jackson Hole real estate market. Updated with new listings weekly. Browse now.

Property Search

Search ALL Teton County Listings: Single Family Homes, Condos, Vacant Land, Multi-family, Farm/Ranch, Commercial and Leases

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New Listings slow after busy summer in Jackson real estate

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The Colbert Real Estate Report

Monthly Market Update for Oct 2017

Jackson Hole, WY

What’s new in Sept 2017? (New Listing Analysis)

  • 49 :: Total New Listings
    • New Listing Volume: $110,900,000
    • Average List Price: $2,263,000
  • 44 :: New Residential Properties (single family, townhome, condo)
    • Average List Price: $2,064,000
    • Median List Price: $1,140,000
    • New listings priced under $1 million :: 21  (47%)
    • New listings priced under $500,000 :: 7 (16%)
    • New listings already under contract or sold: 12  (27%)
  • 5 :: New Building Sites
    • Average List Price: $4,020,000
    • Median List Price: $2,850,000
    • New listings priced under $1 million :: 1 (20%)
    • New listings priced under $500,000 :: 0 (0%)
    • New listings already under contract or sold: 1 (20%)

 




What it means: After a busy summer listing season, where we saw nearly 225 new listings hit the market in May/June/July, listing activity has quieted down a bit. Forty-four new listings hit the market in both August and September, similar to monthly levels seen last Spring. Overall dollar volume of these new listings also dropped off, however several high end listings came onto the market in September, including a 15 acre, 10,000 square foot estate in Dairy Ranches (listed for $15 million) and a newly built 14,000 square foot home in 3 Creek Ranch (listed for $18 million). Of the 5 new vacant land listings, two are listed over $7 million including a 35 acre tract in Bar BC Ranch (listed for $7 million) and a unique piece of property along the Snake River with Fish Creek running through it (listed for $7.9 million). The average listing price for September listings continues to hover just under $2.3 million, much higher than the monthly average sales price, which has been just below $1.5 million the last few months. The median listing price (a more accurate representation of the “middle” price point) also increased in September to $1.14 million (for homes/condos/townhomes).  Over a quarter of new listings are already under contract (as of Oct 10th), as demand remains high for well priced properties. 

Notable new listings in September include:

  • Two 1-bedroom condos in The Aspens – $462,000 & $498,500
  • 3 bedroom condo with short term rental zoning at the base Snow King – $665,000
  • 2,000 sq foot home and guest house on 2 acres on Saddle Butte – $1,250,000
  • Two bedroom penthouse suite in downtown Jackson – $1,950,000

Click HERE to view all available Sept residential listings.

Click HERE to view all available Sept land listings.

(Note: Links above are good for one month after report is published.)

Property Search

Search ALL Teton County Listings: Single Family Homes, Condos, Vacant Land, Multi-family, Farm/Ranch, Commercial and Leases

  • Quick Search or Advanced Search capabilities 
  • Customizable Map Search
  • Search by MLS #, if you have a specific property in mind
  • Create your own saved searches

Search Jackson Hole Properties now.

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Save your favorite Jackson Hole Real Estate properties or create customized search criteria for personalized direct access.
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The summer selling season is here; as new listings (and asking prices) increase

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The Colbert Real Estate Report

Monthly Market Update for July 2017

Jackson Hole, WY

What’s new in June 2017? (New Listing Analysis)

  • 104 :: Total New Listings in June
    • New Listing Volume: $252,992,000
    • Average List Price: $2,433,000
  • 79 :: New Residential Properties (single family, townhome, condo)
    • Average List Price: $2,439,000
    • Median List Price: $1,250,000
    • New listings priced under $1 million :: 35  (44%)
    • New listings already under contract or sold: 19  (24%)
  • 25 :: New Building Sites
    • Average List Price: $2,413,000
    • Median List Price: $1,150,000
    • New listings priced under $1 million :: 11 (44%)
    • New listings already under contract or sold: 1 (4%)

What it means: The summer selling season is here! Over 100 new listings hit the market in June, the highest monthly tally since May 2016. Listing prices of this new inventory also spiked, resulting in over $250 million in listing volume, a high level not even seen during last year’s busy summer months (see chart below). As a result, the average listing price for June inventory stayed strong, hovering just below $2.5 million. Several high end listings came onto the market in June, including four large parcels of land (158 acres in total) in the famed Crescent H Ranch south of Wilson – listed for $24 million, and two larger estate homes north of Town at Split C Ranch ($12.5M) and in the Dairy Ranches west of Jackson ($11.5M). The median listing price (of homes/condos/townhomes) in June was $1.25M, an increase over last month ($1.17M), but still well below the average (which can be disproportionately pulled up by several high end sales). In June, 44% of new residential listings were priced under $1 million (similar to last month).  Nineteen properties were already under contract (by July 10), with 11 of those pending sales occurring in this very active sub $1 million price range. Another 25 new building sites hit the market in June (similar to May), however with much higher prices. The average price tag for a newly listed vacant lot in June was just over $2.4 million, again pushed up by several high end lot listings in Crescent H Ranch and Trails End Ranch. Similar to residential listings, the median price for building sites ($1.15 million) was much lower than the average listing price, with 44% of new listings priced under $1 million. The least expensive lot listing was a parcel in the Pacific Creek neighborhood in Moran for $315,000, while a rare lot in Rafter J was listed at $419,000. 

Notable new listings in June include:

  • Three bedroom townhome with garage in Jackson – $550,000
  • Two bedroom house on 3 acres south of Wilson – $877,000
  • Two single family homes on Cache Creek Dr in East Jackson – starting at $1,620,000
  • Building site at end of cul-de-sac next to open space in Rafter J – $419,000

Click HERE to view all available June residential listings.

Click HERE to view all available June land listings.

(Note: Links above are good for one month after report is published.)




 

What Is Your Home Worth?

Curious about the value of your home? Complete the Home Valuation Request form to receive an estimate of the market value of your home. 
 placeit (3)

Featured Listings

Browse Katie’s “Top Picks” for current values in the Jackson Hole real estate market. Updated with new listings weekly. Browse now.

Property Search

Search ALL Teton County Listings: Single Family Homes, Condos, Vacant Land, Multi-family, Farm/Ranch, Commercial and Leases

  • Quick Search or Advanced Search capabilities 
  • Customizable Map Search
  • Search by MLS #, if you have a specific property in mind
  • Create your own saved searches

Search Jackson Hole Properties now.

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Create & Manage Your Own Account

Save your favorite Jackson Hole Real Estate properties or create customized search criteria for personalized direct access.
Set up your account now.

New Listing: Private 2 bedroom end-unit townhome in Town of Jackson

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Quick Stats:

  • 1,152 sq foot, 2 bed / 1.5 bath townhome

  • Light & Bright End Unit with vaulted ceilings
  • South facing private back deck overlooking open space
  • Small 10 unit development on quiet cul-de-sac with low HOA fees
  • Great In-Town location within walking distance of Town Square, Snow King, hiking trails, library, START bus stop and fairgrounds.

Private 2 bed / 1.5 bath end-unit townhome in Town of Jackson

Enjoy the sunshine in this light and bright, end-unit townhome with 2 beds and 1.5 baths located in central Jackson. The vaulted ceilings, extra windows and southern exposure bring in extra light to the open kitchen/eating area. Spend the summer on the private, south facing deck adjacent to open space or enjoy the views from the large living room windows overlooking Town and East Gros Ventre Butte. Get to know the great local neighbors in this small development of only 10 units in a private and quiet location at the end of the cul-de-sac. Experience the convenience of in-town living by walking or biking to Town Square, Snow King, START bus stop, library and the many hiking trails of the nearby National Forest.

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PUBLIC OPEN HOUSE

Wednesday April 19th 10:00am – 2:00pm

Additional Information:

  • 547 Coulter Ave, Jackson WY
  • MLS: 17-804
  • 2017 Taxes: $2,054/year
  • HOA Dues: $85/month
  • List Price: $535,000

Click HERE for more information/photos. Video tour available upon request. 

Listed by Katie Colbert Brady, Owner/Associate Broker 

 

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