Jackson Hole Real Estate Market Update – January 2011

In Summary

• January sales volume rose 23% and units doubled.

• SIR reported a 66% market share (listing and sale sides)

• Average sales price fell 38% to $1.2 million vs. Jan-10.

• Unit sales of SF homes jumped 140% YoY.

• SIR has a 20% market share in Idaho but we’re still #1.

• Consumer confidence is trending upward

• Unemployment rate fell to 9% however 504,000 stopped looking.

• Pending sales rose for the 3rd month – foreclosures & low rates.

• Locally, visitor activity is up, construction and wages are down.

Click here to view and or download the January 2011 Market Update