The Brokerage of the Tetons market report is published at the end of each year to give our client’s and customers an accurate recap of the year in the Jackson Hole real estate market. Prices held level through most of 2012 with an increase in the number of transactions of over 29% in comparison to 2011 data from this time period. This gain, and the fact that the average price remained level, is good news for the market. The result of these factors was an increase in dollar volume of sales of over 27%. The most active… Continue reading
Most Realtors agree that the market appears to be gaining strength, and while individual property values are still trending down, the number of sales in Teton County was up by over 27% over the preceding year. Furthermore, despite the continued value decline, the relative strength of the higher end segments of the market kept average prices nearly level, showing a less than 1% decline. The increase in both number of sales and the influence of high end transactions combined to increase overall dollar volume of sales by approximately one-third. Some value losses have been as extreme as… Continue reading