Tag Archive for: new listings

New Listing :: Newly Remodeled 3 Bedroom Rafter J Home

Property Details

  • 3 Bedrooms / 2.5 baths
  • 1,724 sq feet / 2 car garage
  • Beautifully remodeled
  • Oversized 0.30 acre lot
  • Great location in Rafter J
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Congratulations: your home hunt is officially over!

You’ve found it: 1,700+ sq. ft. of gracious living with so much style and charm. This newly remodeled three-bedroom Rafter J residence is ”the one:” large new kitchen, hardwood floors,and much more. Between the farmhouse fixtures and sliding barn doors,you’ll be asking, ”Did Joanna Gaines from HGTV design this home?!” You’ll love it all: the quaint covered porch out front….the gorgeous backyard and large deck….the flow of the floorplan….you’ll love it all! If you are looking for a move-in ready home with a fresh remodel, plenty of style, and a terrific color palette, you’ve found it. Welcome Home!

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

3180 S Pitchfork Drive 

Jackson, WY 83001

Taxes: $4,846/year

HOA Dues: $670/year

$1,190,000

MLS: 19-2415

Co-Listed with Deb Keenan

[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

New Listing :: Peaceful Setting in Cottonwood Park

Property Details

  • 2 bed / 1 bath / 1 car garage
  • End unit with lots of green space
  • 3 dedicated parking spots plus guest parking
  • Ability to add 500 sq foot addition
  • New roofs, decks, siding, and landscaping
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Relax and unwind in this private and peaceful setting in Cottonwood Park. This ideal end unit location affords unexpected privacy and is surrounded by mature trees and large areas of green grass. The entire complex received new roofs, siding, lighting and landscaping. (Assessment paid in full by seller at Closing.) Additional improvements include: new front and back decks, new windows and exterior doors, along with an updated bathroom, new water heater, fresh paint and cove heating. The spacious and open floor plan includes custom bookshelves and hardwood floors, while the plat allows an owner to build a 500 sq ft addition. Plenty of dedicated owner and overflow guest parking in addition to an large one car garage. Great local neighborhood close to parks, schools and pathways.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

2180 Corner Creek Lane Unit A

Jackson, WY 83001

Taxes: $2,572.60

HOA Dues: $300/month

$629,000

MLS: 19-2244

 

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

New Listing :: Move-in Ready in Town of Jackson

Property Details

  • 2 bedroom / 1.5 baths / 928 sq feet
  • Oversized one car garage
  • Private backyard area and covered front balcony
  • Move in Ready with new paint/carpet
  • Small, self-managed HOA with low dues
  • Easy access to nearby Snow King Mountain and downtown Jackson
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Bask in the outdoors and Snow King views from your private back deck and fenced yard area in the afternoon, while enjoying morning coffee on the covered front balcony.

This light and bright townhome features stainless steel appliances, granite counter tops and bamboo flooring. Two spacious 2nd floor bedrooms with vaulted ceilings take in views of Snow King and the surrounding buttes, while the updated bathroom includes a large soaking tub and heated floors.

Enjoy clean and comfortable living in this well maintained, move in ready home with fresh paint throughout, brand new carpet and a fresh stain on the back deck.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

The oversized garage is a Jackson dream, big enough to fit your car AND all your Jackson Hole toys.

Unbeatable location with quick access to hiking and mountain biking in the National Forest, a nearby START bus stop, and a short stroll to all the restaurants and shops of downtown Jackson.

Finally, enjoy the ease of a small, self-managed HOA with low dues.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

668 Flat Creek Drive

2018 Taxes: 2,326.18

HOA Dues: $525/quarter

$689,000

MLS: 19-1922

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

New Listing :: Spacious Eagle Village Condo

Property Details

  • 2 bed / 2 full baths / 1,284 sq ft
  • Gas Fireplace, separate dining room
  • Private deck with Munger Mountain views
  • Covered parking, elevator access and additional storage
  • Great location close to grocery, schools and pathway system
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

This spacious Eagle Village condo includes 2 bedrooms, each with their own full bath, an open kitchen plan, gas fireplace, separate dining room, ample closets, and a private deck taking in south facing Munger Mountain views. Built in 2002, these units offer 2 covered reserved parking spaces, additional storage closet and in-unit laundry. One of the most unique features of Eagle Village, is the elevator access provided to the unit from the large underground parking garage. Enjoy the conveniences of being a part of the Smith’s Plaza, with immediate access to Flat Creek, the pathway system, grocery store, all while being in close proximity to the Jackson Hole schools system.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

1325 S Highway 89 #310

HOA: $325.23/mo

2018 Taxes: $2,804/year

$639,000

MLS: 19-1857

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

For Sale :: Charming Classic Cabins in Wilson, WY

Property Details

  • Charming Main Cabin :: 2 bed / 1 bath / 840 sq feet / 620 sq feet of decks
  • Rustic Guest Cabin :: 1 bed / 1 bath / 533 sq feet / 125 sq feet of decks
  • Additional Crescent H cabin and storage shed
  • Half acre lot in quiet local neighborhood
  • Mountain views of Jackson Hole Mountain Resort to the north
  • Strong rental income in place
  • Lots of possibilities for a new owner
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Two Classic Wyoming Cabins (rumored to be from Yellowstone!) sit on this half acre lot located in a quiet local neighborhood on the Westbank with easy access to Jackson Hole Mountain Resort, Teton Pass and downtown Wilson, all connected via bike path.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

The charming main cabin is 840 sq feet with 2 beds/1 bath, an updated kitchen with granite counter tops, updated bathroom, new paint, a cozy wood burning stove, and over 600 sq feet of decking taking in mountain views and the aerial Tram at JHMR.  The smaller rustic cabin is 533 sq feet with 1 bed/1 bath, a wood burning stove and covered front porch.

The property also includes a third historic cabin from the famous Crescent H Ranch in Wilson and a large storage shed. (*Note: Crescent H cabin is not on a foundation and cannot be used as a third dwelling (per zoning).)

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

With R3 zoning and no HOA, this unique property offers many opportunities for a new owner: Build a main house and keep larger cabin as a quaint/charming guest house, live in one cabin while supplementing your mortgage with the rental income from the other, or hold as an investment with strong rental income ($49,200/year).

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

2155 Coyote Loop, Wilson, WY

2018 Taxes: $4,537/year

No HOA 

$1,200,000

MLS: 19-1622

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

New Listing :: Two bedroom condo in E Jackson

2 bed / 2 bath / 921 sq feet

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Property Details

  • 2 bed / 2 bath
  • Vaulted Ceilings
  • Updated kitchen
  • Large private deck
  • Storage
  • Covered Parking
  • Adjacent to May Park
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

Conveniently located in East Jackson, this spacious 2 bed/2 bath condo enjoys a large semi-private deck with western views. Great in-Town location adjacent to the new May Park and steps away from the hospital, Elk Refuge and Cache Creek trail system. Newly painted with vaulted ceilings, this property includes covered parking, has laundry hook-up in the unit and is dog-friendly.

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

755 E Hansen Ave #215, Jackson, WY

2018 Taxes: $2,322/year

HOA Fees: $449/month

MLS: 19-1149

Co-Listed with Deb Keenan, JHREA

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Button_Widget”][/siteorigin_widget]

2018: November New Listings

What happened in November?

New Listings

Both new listings and new listing dollar volume were down in November, a month typically slower for new listing activity. Only 31 new properties came onto the market last month, roughly one third of new listings seen in the high month of May. Total new listing dollar volume still topped $60 million in November as 4 new homes priced over $3 million hit the market, including two homes in excess of $10 million – a 4,000 square foot house and adjoining lot in Wilderness Ranches and a 6 bedroom home now under construction in Shooting Star. Helped by these higher end homes, the average listing price reached over $2 million in November, however the median listing price dropped under $1 million for the first time in the past 7 months. Only two new lots came onto the market in November, not surprising given the time of year – a 3.3 acre lot north of town listed for $825,000 and a unique half acre lot with Fish Creek frontage in Wilson, listed for $1.65 million. The majority (35%) of new November listings were in the $1-3 million price point, including a newly built home in downtown Wilson, listed for $1,785,000 and an oversized home in Melody Ranch, totaling nearly 4,700 square feet, listed at $2,350,000.

[siteorigin_widget class=”Inked_Number_Counter_SO_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

$2,059,839

Average List Price

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

29

Residential Listings

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

$63,855,000

New Listing Volume

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

$982,500

MEDIAN LIST PRICE

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

35%

$1M-$3M Price Point

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

8

Listings below $500,000

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Cta_Widget”][/siteorigin_widget]
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

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%)
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]
[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget]

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. 

 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.

placeit

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.

Half of October new listings priced under $1,000,000 and selling quickly

The Colbert Real Estate Report

Monthly Market Update for Nov 2017

Jackson Hole, WY

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

  • 31 :: Total New Listings
    • New Listing Volume: $38,176,000
    • Average List Price: $1,231,000
  • 29 :: New Residential Properties (single family, townhome, condo)
    • Average List Price: $1,207,000
    • Median List Price: $965,000
    • New listings priced under $1 million :: 15  (52%)
    • New listings priced under $500,000 :: 4 (14%)
    • New listings already under contract or sold: 12  (41%)
  • 2 :: New Building Sites
    • Average List Price: $1,575,000
    • Median List Price: $1,575,000
    • New listings priced under $1 million :: 1 (50%)
    • New listings priced under $500,000 :: 0 (0%)
    • New listings already under contract or sold: 2 (100%)

 

What it means: New Listings entering the Jackson Hole real estate market continue to decline, dropping significantly in October. Only 31 new properties hit the market last month (compare that to 100+/- new listings per month in the summer). Overall dollar volume of these new listings also decreased significantly, matching volume levels seen last year at this time.  After several steady months hovering between $2.2m – $2.3m, the average listing price dropped nearly $1 million down to $1.2m in October, as over 50% of the new listings in October were priced under $1,000,000, including several condos in The Aspens, a remodeled house in Town and a 2,100 sq foot house in the Rafter J neighborhood. Of the 29 new residential listings, over 40% of them are already under contract or sold. Looking at the under $1 million segment, 8 of the 15 new listings (over half) have already been snatched up, illustrating the continued high demand and competition in this price point. There were only 2 new vacant lots listed for sale, however both were marked as pending when entered into MLS, meaning they most likely went under contract before hitting the market.

NOTE: 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 October include:

  • Large (900+ sq ft) remodeled 1 bedroom condo in The Aspens – $599,000
  • 4 bedroom Creekside townhome with complete remodel – $799,000
  • Two larger single family homes in East Jackson – $1,175,000 & $1,355,000

Click HERE to view all Oct residential listings.

Click HERE to view all Oct 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.

Few new listings in January, many with high price tags

The Colbert Real Estate Report

Monthly Market Update for Feb 2017

Jackson Hole, WY

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

  • 21 :: Total New Listings in Jan
    • New Listing Volume: $69,620,000
    • Average List Price: $3,315,000
  • 15 :: New Residential Properties (single family, townhome, condo)
    • Average List Price: $3,050,000
    • New listings priced under $1 million :: 4  (19%)
    • New listings already under contract or sold: 3  (20%)
  • 6 :: New Building Sites
    • Average List Price: $3,975,000
    • New listings priced under $1 million :: 0  (0%)
    • New listings already under contract or sold: 0 (0%)

What it means: Even fewer new listings hit the market in January, marking the second slowest month for new listings in the past year. While January is usually a slow month for new inventory, this January was particularly slow when compared to the previous years (see chart below). Despite the low level of new inventory, many of the new listings in last month had some thing in common – a high price tag. Even with only 21 new properties for sale, the total listing volume was just shy of $70 million. That equates to an average new listing price of over $3.3 million for the month of January! Twelve of the 21 new listings last month were priced over $2 million, including nice homes in 3 Creek Ranch and The Aspens, and a rarely listed condo in the Crystal Springs building in Teton Village. Several larger estates in Tucker Ranch, Owl Creek and Crescent H Ranch also hit the market, listed between $5 – $14 million. Four large parcels in the new Sublette Ridge subdivision near the base of Jackson Hole Mountain Resort came onto the market in January, starting at $4.25 million each. The least expensive new listing was a 3 bedroom / 2 bath / 1 car garage condo in Cottonwood Park for $560,000. There were 0 new listings priced under $500,000, a stat that is not welcomed news for entry level buyers. 

Notable new listings in Jan include:

  • Three bedroom/2 bath condo in The Aspens with garage – $765,000
  • Top floor 2 bedroom Hotel Terra unit in Teton Village – $1,250,000
  • Four building sites in newly created subdivision at base of JHMR – $4.25MM – $5.5MM

Click HERE to view all available January residential listings.

Click HERE to view all available January land listings.

(Contact me to view any pending or sold properties.)




Property Search is Here!

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.

placeit

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.