Christy & Garth GillespieChristy & Garth Gillespie
Christy & Garth Gillespie
Jackson Hole Real Estate

(307) 413-5243
gillespieteam@jhexperts.com

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Jackson Hole Real Estate Market Report | Year End 2017

January 22, 2018Market Updates

On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for 2017 year-end. In this detailed report, you will find information on the market segments making up the Jackson Hole area. As the market leader in Jackson Hole, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.

Persistent demand and lean supply drove prices upward in 2017. Even though the number of transactions remained steady, average and median sale prices increased by 15% and 3%, respectively. The south of Jackson area received the largest increase in the number of transactions, up nearly 60% compared to last year. This is primarily due to the success of the Snake River Sporting Club development, which had 26 transactions in 2017. Properties in the $500,000- $1 million price range were the most popular representing about 37% of total transactions. Active listings declined 23% compared to last year which caused an even more competitive environment for buyers. With 50 properties under contract at 2017 year-end, the start to the new year is expected to follow much of the same pattern of 2017.

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3rd Quarter- 2014 – Results – Jackson Hole Real Estate
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Jackson Hole Real Estate Market Update – 1st Quarter 2014
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Christy Gillespie

Associate Broker
Cell Phone (307) 413-5242
Office Phone (307) 732-7610
Office Fax (307) 732-7615
christy@jhexperts.com.com

Garth Gillespie

Sales Associate
Cell Phone (307) 413-5243
Office Phone (307) 732-7611
Office Fax (307) 732-7615
garth@jhexperts.com

JHREA

© Copyright 2014-2016 Christy & Garth Gillespie. All rights reserved.

This Web site is not the official Web site of Jackson Hole Real Estate Associates. Jackson Hole Real Estate Associates, Inc. does not make any representation or warranty regarding any information, including without limitation it's accuracy or completeness, contained on this Web site.
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