2017 First Quarter Market Report

The Jackson Hole real estate market remained strong at the start of the new year. The overall number of transactions increased about 14% and total dollar volume increased 20% when compared to the first quarter of 2016.

The Jackson Hole real estate market remained strong at the start of the new year. The overall number of transactions increased about 14% when compared to the first quarter of 2016. The vast majority of transactions took place in the $500,000-$1 million price segment. This was a change from the first quarter of 2016 when transactions were more evenly distributed between the $500,000-$2 million price segment. This change can be attributed to an increase in vacant land transactions, up about 50%. Inventory remained at historical lows, down about 13% when compared to the first quarter of last year.

The number of active listings decreased, down about 13%, and the number of listings under contract decreased about 7% when compared to the first quarter of 2016.

Agent

David Vandenberg

David Vandenberg

Phone(307) 732-7516