Market Update – February 2013

Wow! What a roller coaster of a year! Looking back, the Jackson real estate market had an extremely quiet spring and picked up in July with consistent activity through December. Frankly, we have been waiting a LONG time to say that. Average sales prices overall for 2012 are showing a 22% increase over 2011 proving…

Melody Ranch Jackson Hole – New Listing – 1261 Melody Creek Lane

Stunning new listing in Melody Ranch — Jackson Hole, Wyoming.  This fabulous home is located at 1261 Melody Creek Lane, a highly desired subdivision just a few miles south of the Town of Jackson.  Melody Ranch, just 4 miles south of the Town of Jackson, is a place of wide-open spaces, remarkable views and a…

River Front Property in Jackson Hole – 4375 Shidner Lane, Jackson, WY 83001

   “A River Runs Through It” and a special one at that – The Hoback River.  The Hoback River was recently granted Wild and Scenic River status in 2009 and is one of the more beautiful area in the greater Teton County area. Christy and I are honored to have been selected to market and…

Jackson Hole Home Prices Ready to Rebound?

This is a great cover from one of the more trusted investment institutions – Barron’s.  The article explains how there is a belief that housing prices will remain rather flat for the year but by the beginning of 2013 we should start to see some appreciation in the housing market.  What’s important here is that…

Current Real Estate Market Update – National

We have been updating this graph for a few months and it has not changed much since the last one.  It does tell a go story as the market continues to build some strength.  12,575 houses, condos, townhomes sell EVERY day!  The chart also explains that almost 75% of all purchases are taking place with…

Jackson Hole Sotheby’s International Realty – Top Producers

Christy and Garth Gillespie were recognized as Top Producers at Jackson Hole Sotheby’s International Realty in 2011.  Production for 2011 worked out to be about 5% of the overall real estate market in Jackson Hole.  Sales volume was close to $20 million in sales and Christy and Garth were part of 20 different transactions through…

February Real Estate Results for Jackson Hole, Wyoming

   A little bit of a mixed bag for real estate results in February 2012 for Jackson, Wyoming.   The bad news is that our sold transaction total fell from 18 transactions in January to 17 closed transactions in Feb.  The average price also fell to $857,976 and the median sale price of $476,000.  The highest…