Jackson Hole Real Estate 2nd Quarter Market Results

The 2nd quarter reported 45 percent more transactions in Teton County than during the same period last year and dollar volume has more than doubled in the second quarter compared with a year ago, according to MLS data.

Area results are impressive as well. Teton Village volume jumped from $1.78 million to almost $12 million. West of the Snake River, volume rose from $13.8 million to almost $22 million. Sales volume North of Jackson nearly tripled from $6 million to $17.6 million  and the town of Jackson increased from $8.3 million to $22.1 million. South of town saw an increase from $7.4 million to $10.5 million.

Jackson Hole Real Estate 2nd Quarter Market Results Show Improvement

In the overall Jackson Hole real estate market, inventory levels are significantly down from highs in the winter of 2009 but the selection of properties on the market is robust. This means that today’s buyer still has an opportunity to purchase a property in Jackson Hole at prices that have rarely, if ever, been seen before. Combining the tax benefits of Jackson Hole, ease of travel in and out, the multitude of activities and attractions, and the overall quality of life, we are seeing new buyers entering the market.