2018 MidYear
The Most Comprehensive Jackson Hole Market Analysis
THE JACKSON HOLE 2018 QUARTER 1 MARKET REPORT The NeVille Group has had many achievements over the years and are honored this year by once again being named Top Producing Team by Jackson Hole Real Estate Associates, for 2017. First and foremost, we would like to thank our clients, industry providers of Title work, lending, engineering, marketing, inspectors and all others. Our team is committed to continue our high level service to our clients based on positive outcomes and relationships. By staying on top of market trends and continuing to offer cutting edge services, we deliver extraordinary experiences to clients and exceed their expectations.
TOP PRODUCING TEAM, 2017 * The statistics used in this report are from the Teton Multiple Listing Service (MLS) and JHREA’s internal database. * This report does not go into detail on every segment of the market, but is intended to offer an overview of general market conditions. Statistics are cumulative. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed. Cover Image Shooting Star Cabin
2
TABLE OF CONTENTS LISTING PRICE: 18, 000,000 SOLD: TOP SALE 2017
I. Market Hightlights JHREA’s overall market details for MIDYEAR, 2018.
PG 4-5
II. Detailed Statistics By Sub-Market The NeVille Group’s exclusive detailed market summary on each of the 7 sub-markets in Jackson Hole using MLS information only.
PG 6 -15
NEW LISTING $8,999,000
III. Summary Our overall market details summary.
PG 16-21 3
EAGLE CREST LODGE $9,695,000
MARKET HIGHLIGHTS
M A RK E T H IGH LIGHTS
10%
AVERAGE SALE PRICE
22%
MEDIAN SALE PRICE
33%
TOTAL DOLLAR VOLUME
11%
TOTAL TRANSACTIONS
On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for the first quarter of 2018. 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. Do not hesitate to contact a real estate professional for a market report in your specific area.
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MA RKE T H I G H L I G H T S SALES DISTRIBUTION BY SEGMENT
140
41%
TRANSACTIONS UNDER $1 MILLION
CONDO/TOWNHOME
35%
VACANT LAND
14%
115
23
OTHER
10%
TRANSACTIONS $1-5 MILLION
SALES DISTRIBUTION BY PRICE
TRANSACTIONS $5 MILLION+
UNDER $500K
13%
37%
24%
HIGHEST SALE $14,995,000
SINGLE FAMILY
*List Price
18%
LOWEST SALE $290,000
8%
5
$500K-$1M
$1M-$2M
$2-$5M
OVER $5M
DETAILED STATISTICS BY SUB-MARKET THIS SECTION’S DATA HAS BEEN RETRIEVED ONLY THROUGH TETON COUNTY MULTIPLE LISTING SERVICE.
TETON VILLAGE (Realtor Multi-Listing Service Statistics)
Shooting Star sales have been incredible! All inventory presented as new product sells quickly and at a strong asking price every time. THis is probably Wyoming’s most successful reale state venture. *Most Shooting Star sales are not reported through the MLS. Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
7
8
14.29%
8
Low Sale
Pending
1
1
0.00%
0
Med Sale
Units Sold
3
1
-66.67%
5
High Sale
Old Village
$3,200,000
Avg Sold Price
$5,347,667
$3,200,000
-40.16%
$4,742,600
2017 Top Sale
Old Village
$7,268,000*
Median Sold price
$5,000,000
$3,200,000
-36.00%
2
5
150.00%
$4,500,000 (Realtor 10 Multi-Listing Service Statistics)
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
18
12
-33.33%
21
Low Sale
Tensleep Condo
$445,000
Pending
2
4
100.00%
3
Med Sale
Snake River Lodge
$985,000
New Listings Multi Family Homes
Units Sold
2018 Highlights
2018 Highlights
15
26
73.33%
30
High Sale
Four Seasons
$6,348,000*
Avg Sold Price
$1,602,333
$1,670,452
4.25%
$1,417,042
2017 Top Sale
Shooting Star
$4,250,000
Median Sold price
$1,150,000
$1,020,000
-11.30%
$975,000
New Listings
17
25
47.06%
43
Building Sites
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
5
3
-40.00%
5
Low Sale
Pending
1
1
0.00%
1
Med Sale
Units Sold
2
2
0.00%
5
Avg Sold Price
$2,375,000
$2,712,500
14.21%
$2,619,400
Median Sold price
$2,375,000
$2,712,500
14.21%
$2,622,000
6
0
-100.00%
9
New Listings
2018 Highlights Curtis Drive
$1,600,000
High Sale
Esther Way
$3,825,000
2017 Top Sale
Shooting Star
$3,800,000
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
6
NORTH OF WILSON (EXCLUDING TETON VILLAGE, Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
29
29
0.00%
27
Low Sale
Highway 22
$686,000
Pending
3
6
100.00%
30
Med Sale
John Dodge
$3,128,000*
Units Sold
11
20
81.82%
29
High Sale
Lake Creek
$8,257,000*
Avg Sold Price
$2,697,000
$3,560,470
32.02%
$2,841,991
2017 Top Sale
John Dodge
$6,580,000
Median Sold price
$2,680,000
$3,264,000
21.79%
$2,417,750
24
22
-8.33%
48
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
8
5
-37.50%
11
Low Sale
Hollyhock
$427,500
Pending
3
1
-66.67%
26
Med Sale
Dogwood
$500,000
Units Sold
9
15
66.67%
23
High Sale
Lodges at Teton Pines
$1,650,000
Avg Sold Price
$781,164
$682,480
-12.63%
$697,729
2017 Top Sale
Aspens
$1,475,000
Median Sold price
$715,000
$560,000
-21.68%
$657,000
New Listings
18
9
-50.00%
40
Building Sites
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
13
12
-7.69%
5
Low Sale
Pending
2
1
-50.00%
7
Med Sale
Units Sold
3
1
-66.67%
8
High Sale
1/2 acre on Fish Creek
$1,400,000
Avg Sold Price
$1,486,333
$1,400,000
-5.81%
$1,772,688
2017 Top Sale
John Dodge
$4,000,000
Median Sold price
$1,200,000
$1,400,000
16.67%
$1,231,250
4
9
125.00%
14
New Listings Multi-Family Homes
New Listings
2018 Highlights
2018 Highlights
2018 Highlights
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
7
SOUTH OF WILSON (Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
23
17
-26.09%
12
Low Sale
Red Top
$600,000
Pending
0
4
0.00%
17
Med Sale
Indain Paintbrush
$1,050,000
Units Sold
6
6
0.00%
15
High Sale
Cresct H Tract 13
$5,600,000
$1,211,333
$1,796,667
48.32%
$2,652,000
2017 Top Sale
Crescent H
$16,560,000*
$884,000
$1,150,000
30.09%
$1,200,000
19
17
-10.53%
26
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Avg Sold Price Median Sold price New Listings Multi-Family Homes Active
2018 Highlights
2018 Highlights
There are rarely any Mutli-Family units sold in this area.
Pending Units Sold Avg Sold Price Median Sold Price New Listings Attrition 2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
18
19
5.56%
14
Low Sale
Indain Paintbrush
$810,000
Pending
0
0
0.00%
7
Med Sale
Crescent H Parcel 8
$6,700,000
Units Sold
4
4
0.00%
7
High Sale
MacLean Parcels 6 /7
$9,660,000*
Avg Sold Price
$958,750
$5,901,350
515.53%
$1,580,000
2017 Top Sale
Crescent H Tract 9
$12,788,000*
Median Sold price
$582,500
$6,567,700
1027.50%
$795,000
10
11
10.00%
18
Building Sites
New Listings
2018 Highlights
* Sales price was “undisclosed�, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
8
CENTRAL VALLEY (SNAKE RIVER TO THE ELK REFUGE & HWY 22 NORTH TO SAGEBRUSH, Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
22
20
-9.09%
22
Low Sale
Bar Y
$1,150,000
Pending
5
1
-80.00%
15
Med Sale
Bar Y
$3,093,000
Units Sold
9
11
22.22%
19
High Sale
Indain Springs
$9,400,000
Avg Sold Price
$1,785,000
$3,993,131
123.70%
$3,085,811
2017 Top Sale
Indian Springs
$11,500,000*
Median Sold price
$1,520,000
$3,400,000
123.68%
$2,600,000
16
17
6.25%
35
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
8
3
-62.50%
0
Low Sale
Harvest Dance
$650,000
Pending
0
1
100.00%
7
Med Sale
Harvest Dance
$685,000
Units Sold
2
5
150.00%
6
High Sale
Harvest Dance
$685,000
Avg Sold Price
$696,250
$705,000
1.26%
$995,833
2017 Top Sale
JHG&T Cabin
$800,000
Median Sold price
$696,250
$685,000
-1.62%
$707,500
New Listings
3
7
600.00%
5
Building Sites
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
43
37
-13.95%
34
Low Sale
JH Golf & Tennis
$650,000
Pending
2
1
-50.00%
17
Med Sale
Grand View estates
$1,550,000
Units Sold
5
9
80.00%
18
High Sale
RANCH 1 SPRING CREEK
$4,508,000*
$1,574,445
$1,905,667
21.04%
$1,384,012
2017 Top Sale
E Gros Ventre Butte
$5,520,000*
$725,000
$1,155,000
59.31%
$945,000
20
14
-30.00%
31
New Listings Multi Family Homes
Avg Sold Price Median Sold price New Listings
2018 Highlights
2018 Highlights
2018 Highlights
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
9
NORTH VALLEY
(SAGEBRUSH DRIVE NORTH TO MORAN & SNAKE RIVER EAST TO KELLY, Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
23
19
-17.39%
17
Low Sale
Pending
1
1
0.00%
14
Med Sale
Units Sold
6
2
-66.67%
14
Avg Sold Price
$1,756,833
$3,375,000
92.11%
$2,212,821
Median Sold price
$1,149,500
$3,375,000
193.61%
$1,224,500
16
11
-31.25%
30
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
New Listings Multi-Family Homes Active
2018 Highlights Solitude
$1,850,000
High Sale
Solitude
$4,900,000
2017 Top Sale
Solitude Home
$5,796,000*
2018 Highlights
There are rarely any Mutli-Family units sold in this area
Pending Units Sold Avg Sold Price Median Sold Price New Listings Attrition 2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
35
36
2.86%
19
Low Sale
Pending
2
0
0.00%
12
Med Sale
Units Sold
2
1
-50.00%
12
High Sale
Shadow Mtn
$1,087,500
Avg Sold Price
$780,000
$1,087,500
39.42%
$983,646
2017 Top Sale
Bar B Bar
$3,000,000
Median Sold price
$780,000
$1,087,500
39.42%
$877,500
16
31
93.75%
16
Building Sites
New Listings
2018 Highlights
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
10
TOWN OF JACKSON (Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
29
21
-27.59%
19
Low Sale
Cottonwood
$607,500
Pending
6
18
200.00%
62
Med Sale
Dogwood Dr
$1,005,000
Units Sold
24
29
20.83%
58
High Sale
Snow King Court
$2,300,000
$1,091,354
$1,176,845
7.83%
$1,135,581
2017 Top Sale
Gill Addition
$4,800,000
$974,950
$1,050,000
7.70%
$986,950
35
47
34.29%
80
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
39
41
5.13%
16
Low Sale
Meadow Brook
$305,000
Pending
10
19
90.00%
97
Med Sale
Buffalo Head
$599,000
Units Sold
40
35
-12.50%
85
High Sale
Center Street
$2,775,000
Avg Sold Price
$585,523
$764,050
30.49%
$627,182
2017 Top Sale
Pine Glades
$1,850,000
Median Sold price
$525,000
$599,000
14.10%
$535,000
New Listings
65
71
9.23%
110
Building Sites
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
14
7
-50.00%
3
Low Sale
Karns Hillside
$504,000
Pending
1
0
-100.00%
11
Med Sale
Snow King Dr
$550,000
Units Sold
6
5
-16.67%
10
High Sale
W Gill
$897,000*
Avg Sold Price
$990,717
$632,000
-36.21%
$902,180
2017 Top Sale
Glenwood St
$2,346,000*
Median Sold price
$672,750
$550,000
-18.25%
$657,800
11
9
-18.18%
15
Avg Sold Price Median Sold price New Listings Multi-Family Homes
New Listings
2018 Highlights
2018 Highlights
2018 Highlights
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
11
SOUTH OF JACKSON (Realtor Multi-Listing Service Statistics)
Single Family Homes
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
49
35
-28.57%
26
Low Sale
Rogers Point
$440,000
Pending
6
17
183.33%
55
Med Sale
Rogers Point
$1,047,880*
Units Sold
15
33
120.00%
50
High Sale
Dairy Ranches
$13,795,400*
Avg Sold Price
$1,233,150
$1,793,956
45.48%
$1,558,942
2017 Top Sale
3 Creek Ranch
$4,750,000
Median Sold price
$1,045,000
$1,095,000
4.78%
$1,350,000
45
48
6.67%
93
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
3
0
-100.00%
11
Low Sale
Deer Drive
$290,000
Pending
0
0
0.00%
8
Med Sale
Deer Drive
$305,000
Units Sold
7
4
-42.86%
11
High Sale
Southeast 40
$635,000
Avg Sold Price
$581,786
$382,250
-34.30%
$548,409
2017 Top Sale
Waldon Pond
$700,000
Median Sold price
$577,500
$302,000
-47.71%
$577,500
New Listings
4
6
50.00%
9
Building Sites
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
42
25
-40.48%
25
Low Sale
Hoback River
$425,000
Pending
3
2
-33.33%
13
Med Sale
Squaw Creek
$463,000
Units Sold
11
8
-27.27%
29
High Sale
3 Creek ranch
$800,000
Avg Sold Price
$626,545
$556,825
-11.13%
$929,241
2017 Top Sale
3 Creek Ranch
$3,036,000*
Median Sold price
$620,000
$496,000
-20.00%
29
13
-55.17%
$750,000 36
New Listings Multi-Family Homes
New Listings
2018 Highlights
2018 Highlights
2018 Highlights
* Sales price was “undisclosed�, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
12
Inventory maintains very low levels, “pending” and “solds” continue to rise.
All Properties
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
428
352
-17.76%
286
Pending
59
80
35.59%
481
180 $1,223,791
217 $1,709,406
20.56% 39.68%
435 $1,416,879
$777,500 359
$985,000 370
26.69% 3.06%
$900,000 676
Units Sold Avg Sold Price Median Sold Price New Listings
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
13
ALL OF TETON COUNTY 68
SINGLE FAMILY HOMES Q2 2018
Single Family Homes
$0 - $2M
25
7
2
$2M - $5M
$5M-$8M
$8M+
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
182
151
-17.03%
132
Low Sale
Rogers Point
$440,000
Pending
27
47
74.07%
198
Med Sale
South Park
$1,495,000
Units Sold
74
102
37.84%
190
High Sale
Dairy Ranchs
$13,795,400*
Avg Sold Price
$1,679,375
$2,246,989
33.80%
$2,001,566
2017 Top Sale
Crescent H
$16,560,000*
Median Sold price
$1,240,000
$1,407,500
13.51%
$1,387,500
156
165
5.77%
322
New Listings MULTI FAMILY HOMES Q2 2018
2018 Highlights
65
12
8
$0 - $1M
$1M - $2M
$2M+
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
74
62
-16.22%
49
Low Sale
Deer Dr
$305,000
Pending
20
28
40.00%
191
Med Sale
Harvest Dance
$650,000
Multi-Family Homes
Units Sold
2018 Highlights
72
85
18.06%
156
High Sale
Granite Ridge
$6,348,000*
Avg Sold Price
$821,252
$1,005,467
22.43%
$798,474
2017 Top Sale
Shooting Star
$4,250,000
Median Sold price
$600,000
$650,000
8.33%
$602,500
111
118
6.31%
215
New Listings BUILDING SITES Q2 2018
Building Sites
16
$0 - $1M
6
5
3
$1M - $2M
$2M - $5M
$2-$5
2017 Q1 - Q2
2018 Q1 - Q2
%
2017 Totals
Active
172
139
-19.19%
105
Low Sale
Hoback River
$425,000
Pending
12
5
-58.33%
92
Med Sale
Groas Ventre North
$880,000
Units Sold
33
30
-9.09%
89
High Sale
MacLean Parcels 6/7
$9,660,000*
$1,070,076
$1,876,117
75.33%
$1,247,464
2017 Top Sale
Crescent H Tract 9
$5,250,000
$725,000
$888,500
22.55%
$825,000
92
87
-5.43%
139
Avg Sold Price Median Sold price New Listings
2018 Highlights
* Sales price was “undisclosed”, 92% of list price was used. *Information herein is deemed reliable but not guarenteed. Data is relative to the whole market and may not reflect every sale.
14
2018 HIGHLIGHTS
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CHRISTIE’S EDUCATION
CHRISTIE’S INTERNATIONAL REAL ESTATE
CHRISTIES.EDU
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CHRISTIE’S TRAVEL
CHRISTIES.COM/TRAVEL
15
SUMMARY
MID-YEAR 2018 Overall Market
Jackson Hole’s real estate market started
325
very strong
TOTAL NUMBER OF TRANSACTIONS
in the first half of 2018 with number of transactions up 11% and average sale price up 10%. Even more important to note was the
increase in median sale price, a more accurate indicator,
up 22% from a year ago. The majority of transactions were in
$1,678,313
AVERAGE SALE PRICE 10% increase compared to 2017 Mid-Year
the $500,000 - $1 million price segment, however, there was a sharp increase over last year in transactions
11% increase compared to 2017 Mid-Year
over $5
million, an increase of 77%. This sharp increase drove
$949,000
MEDIAN SALE PRICE 22% increase compared to 2017 Mid-Year
total dollar volume up by 33% compared to a year ago. The single family home segment was the most popular among buyers achieving 41% of the mid-year market share. Inventory continued to decrease as did well-priced new inventory, which was a contributor to the 23% decrease in active listings and 13% decrease in average days on market.
-23%
DECREASE IN INVENTORY
16
SOLD | List Price: $1,395,000 | Town of Jackson
MID-YEAR 2018 SINGLE FAMILY
# of Transactions 134
30%
Total Dollar Volume 40%
The single family segment grew rapidly in the first half of 2018 with a
Minimum Price Sold $440,000
30% increase in transactions and 12% increase in median sale price.
Maximum Price Sold $14,995,000 *List Price
The majority of transactions were in the $1-2 million segment. The
Average Sale Price $2,160,518
-2%
Median Sale Price $1,360,358
12%
Average Days on the Market 221
-6%
homes currentlyn the market in Jackson Hole dropped about 37%
# Pending Transactions 25
-14%
compared to a year ago, when inventory was already at record lows.
Inventory 128
-37%
$2-$5 million segment experienced the largest increase in sales when compared to the first half of 2017, up 158%. The area of the valley referred to as the Westbank was especially popular. The number of
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MID-YEAR 2018 CONDOMINIUM AND TOWNHOME Condominium/townhome transactions increased slightly when compared to the single family segment with the number of transactions up 4% and median sale price up 6%. About half of all condominium/townhome transactions were in the $500,000-$1 million segment. The majority of
# of Transactions 114 Total Dollar Volume 2% Minimum Price Sold $290,000 Maximum Price Sold $6,900,000 Average Sale Price $926,847
transactions occurred in Town of Jackson and Teton Village, however, the
Median Sale Price $635,000
areas known as The Aspens and Teton Pines had remarkable increases,
Average Days on the Market 135
transactions up nearly 90% from a year ago. Inventory in this category
# Pending Transactions 19
dropped dramatically, down 45%, when compared to this time last year.
4%
*List Price
-14%
-10%
Inventory 42
SOLD | List Price: $795,000 | Town of Jackson
SOLD | List Price: $1,425,000 | North of Jackson
MID-YEAR 2018 VACANT LAND Transactions were down slightly from 2017, down by 4 transactions, but average and median sale prices increased dramatically due to a few large acreage parcels, particularly in the Fall Creek Road area. The areas with the
-8%
# of Transactions 44 Total Dollar Volume 39% Minimum Price Sold $360,000 *List Price
Maximum Price Sold $10,500,000 *List Price Average Sale Price $1,598,383
43%
Gros Ventre Butte, up 200%. The majority of transactions took place in the
Median Sale Price $817,500
20%
$500,000-$1 million segment. Once again, inventory continued to decline,
Average Days on the Market 450
-5%
down 27%. Also, worth noting, about 73% of sales were cash transactions,
# Pending Transactions 5
-44%
which was significantly higher than any other segment of the market.
Inventory 131
-27%
largest increase in transactions were near Jackson Hole Golf & Tennis and
MID-YEAR 2018 LUXURY The first half of 2018 was remarkably strong for the luxury segment of Jackson’s real estate market. The number of transactions over $3 million increased 144% compared to last year. The median sale
# of Transactions 44
144%
Total Dollar Volume 91% Minimum Price Sold $3,000,000 Maximum Price Sold $14,995,000 *List Price Average Sale Price $4,827,533
-28%*
While every area of the valley had luxury transactions, the majority
Median Sale Price $4,250,000
27%
of the transactions were located in Teton Village and the area north
Average Days on the Market 285
-19%
of Wilson. There were 7 vacant land transactions and 37 residential
# Pending Transactions 8
167%
transactions.
Inventory 102
-18%
price of these luxury properties increased about 27% to $4,250,000.
**Note: In the luxury segment, the small number of transactions affects any comparison on a percentage basis.
*average sale price decreased due to a large transaction in 2017.
SOLD | List Price: $5,500,000 | Gros Ventre West
The NeVille Group – Named Top Producing Sales Team of Jackson Hole Real Estate Associates, and Exclusive Affiliate of Christie’s International Real Estate, The NeVille Group is compromised of successful, dedicated and experienced professionals, backed by years of luxury sales success, global connections, and the largest real estate brokerage in the region. The NeVille Group understands the Jackson Hole market, is globally connected, and locally respected. Jackson Hole Real Estate Associates – The region’s largest and most progressing real estate brokerage in Jackson Hole and the area. The collection of properties, and expertise is unsurpassed and represents some of the most unique and soughtafter real estate in the world. Christie’s International Real Estate – A global network of top brokerages dedicated to the marketing and sale of luxury residential properties. Access covers a worldwide audience of more than 1,350 real estate offices in 47 countries and transactions resulting in over $113 billion in sales annually.
TOP PRODUCING TEAM, 2017 270 West Pearl Ave, Suite 101 Jackson, WY 83001 307.734.9949 | 307.690.3209
WWW.TNGJH.COM
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